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REGISTERED NUMBER: 05142902 (England and Wales)















D C Hunt Engineers Limited

Unaudited Financial Statements for the Year Ended 30 June 2024






D C Hunt Engineers Limited (Registered number: 05142902)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


D C Hunt Engineers Limited

Company Information
for the Year Ended 30 June 2024







Directors: DC Hunt
CG Hunt





Secretary: Mrs ND Hunt





Registered office: Pear Tree Villa
Main Road
Ormesby St Michael
Norfolk
NR29 3LW





Registered number: 05142902 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

D C Hunt Engineers Limited (Registered number: 05142902)

Statement of Financial Position
30 June 2024

30/6/24 30/6/23
Notes £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 126,075 40,330
126,075 40,330

Current assets
Stocks 19,750 20,500
Debtors 6 47,651 56,294
Prepayments and accrued income 5,325 3,015
Cash at bank 65,107 31,618
137,833 111,427
Creditors
Amounts falling due within one year 7 151,961 143,346
Net current liabilities (14,128 ) (31,919 )
Total assets less current liabilities 111,947 8,411

Provisions for liabilities 9 17,262 2,614
Net assets 94,685 5,797

Capital and reserves
Called up share capital 100 100
Retained earnings 94,585 5,697
Shareholders' funds 94,685 5,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

D C Hunt Engineers Limited (Registered number: 05142902)

Statement of Financial Position - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





DC Hunt - Director


D C Hunt Engineers Limited (Registered number: 05142902)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

D C Hunt Engineers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill is stated at cost less accumulated amortisation. Amortisation is provided to write off the cost over the remainder of its expected economic life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery 15% per annum reducing balance basis
Office equipment 25% per annum reducing balance basis
Motor vehicles 25% per annum reducing balance basis

Stock & work in progress
Stocks and work in progress are valued at the lower of cost and net realisible value, after making due allowance for obsolete items.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


D C Hunt Engineers Limited (Registered number: 05142902)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs
The company operates a defined contribution pension scheme and the pension charge represents the amount payable by the company to the scheme during the year. The scheme and its assets are held by an independent organisation.

3. Employees and directors

The average number of employees during the year was 9 (2023 - 6 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 July 2023
and 30 June 2024 100,000
Amortisation
At 1 July 2023
and 30 June 2024 100,000
Net book value
At 30 June 2024 -
At 30 June 2023 -

D C Hunt Engineers Limited (Registered number: 05142902)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 July 2023 105,684 4,504 83,750 193,938
Additions 21,200 2,606 96,458 120,264
Disposals - (212 ) (57,500 ) (57,712 )
At 30 June 2024 126,884 6,898 122,708 256,490
Depreciation
At 1 July 2023 88,854 3,804 60,950 153,608
Charge for year 2,970 676 25,623 29,269
Eliminated on disposal - (212 ) (52,250 ) (52,462 )
At 30 June 2024 91,824 4,268 34,323 130,415
Net book value
At 30 June 2024 35,060 2,630 88,385 126,075
At 30 June 2023 16,830 700 22,800 40,330

6. Debtors: amounts falling due within one year
30/6/24 30/6/23
£    £   
Trade debtors 47,651 56,294

7. Creditors: amounts falling due within one year
30/6/24 30/6/23
£    £   
Other loans (see note 8) 75,000 76,900
Trade creditors 15,359 8,047
Corporation Tax 19,092 11,223
Social security and other taxes 2,437 2,832
Vat accrual 17,700 16,353
Other creditors 20,611 11,066
Directors current account 1,762 16,925
151,961 143,346

8. Loans

An analysis of the maturity of loans is given below:

30/6/24 30/6/23
£    £   
Amounts falling due within one year or on demand:
Bank & other loans 75,000 76,900

9. Provisions for liabilities
30/6/24 30/6/23
£    £   
Deferred tax 17,262 2,614

D C Hunt Engineers Limited (Registered number: 05142902)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 July 2023 2,614
Charge to Income Statement during year 14,648
Balance at 30 June 2024 17,262

10. Related party disclosures

a) During the year the company received advances from director DC Hunt, which were unsecured and interest free. The amount due to DC Hunt at the year end amounted to £1,762 (2023 £16,925)

b) During the year the company made advances to director D C Hunt. The loan was unsecured and interest free.The maximum amount of the loan was £1,838. The loan was fully repaid before the year end.

c)) During the year the company received a loan from the directors wife amounting to £1,900. The loan was unsecured, interest free and was fully repaid during the year. The amount outstanding at the year end was £0 (2023 £1,900)

d) During the year the company paid salaries to the directors wife and other family members for services provided to the company amounting to £102,905 (2023 £64.777). The company also made pension contributions for the directors wife and other family members amounting to £2,167 (2023 £1,336)

e) During the year the company occupied premises owned by the director and his wife, rent free.

11. Ultimate controlling party

The controlling party is DC Hunt.