Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01true2Activities of other holding companies not elsewhere classifiedfalse2falsefalse 14058585 2024-04-01 2025-03-31 14058585 2023-05-01 2024-03-31 14058585 2025-03-31 14058585 2024-03-31 14058585 c:Director1 2024-04-01 2025-03-31 14058585 d:CurrentFinancialInstruments 2025-03-31 14058585 d:CurrentFinancialInstruments 2024-03-31 14058585 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 14058585 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14058585 d:ShareCapital 2025-03-31 14058585 d:ShareCapital 2024-03-31 14058585 d:RetainedEarningsAccumulatedLosses 2025-03-31 14058585 d:RetainedEarningsAccumulatedLosses 2024-03-31 14058585 c:OrdinaryShareClass1 2024-04-01 2025-03-31 14058585 c:OrdinaryShareClass1 2025-03-31 14058585 c:OrdinaryShareClass2 2024-04-01 2025-03-31 14058585 c:OrdinaryShareClass2 2025-03-31 14058585 c:FRS102 2024-04-01 2025-03-31 14058585 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14058585 c:FullAccounts 2024-04-01 2025-03-31 14058585 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14058585 6 2024-04-01 2025-03-31 14058585 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14058585














HURST GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

 
HURST GROUP LIMITED
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 4


 
HURST GROUP LIMITED
REGISTERED NUMBER:14058585

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Investments
 4 
10,201
203

Current assets
  

Debtors: amounts falling due within one year
 5 
96,497
100

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(106,445)
(2,674)

Net current liabilities
  
 
 
(9,948)
 
 
(2,574)

Total assets less current liabilities
  
253
(2,371)

  

Net assets/(liabilities)
  
253
(2,371)


Capital and reserves
  

Called up share capital 
 7 
205
204

Profit and loss account
  
48
(2,575)

  
253
(2,371)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




J A Hurst
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HURST GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Hurst Group Limited is a private limited liability company registered in England and Wales. Its registered office address is The Frames, 1 Phipp Street, London, EC2A 4PS.
The principal activity of the company during the year was that of a holding company.
The company's functional and presentational currency is £ sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

At the reporting date the company had net current liabilities and net liabilities. The directors have obtained assurances from the ultimate shareholders that funds will continue to be made available to the company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have therefore been prepared under the going concern basis.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 2

 
HURST GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Basic financial instruments

Basic financial instruments include trade and other debtors, trade and other creditors, and related party loans.
Trade and other debtors are recognised initially at the transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest.
Cash and cash equivalents comprise cash balances and call deposits.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2024
203


Additions
9,998



At 31 March 2025
10,201




Page 3

 
HURST GROUP LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Debtors

2025
2024
£
£


Amounts owed by group undertakings
96,396
-

Other debtors
101
100

96,497
100



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank overdrafts
41
-

Amounts owed to group undertakings
105,105
1,375

Other creditors
99
99

Accruals and deferred income
1,200
1,200

106,445
2,674



7.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



203 Ordinary shares of £1 each
203
203
2 B Ordinary shares of £1 each
2
1

205

204


On 9 August 2024, the company allotted 1 B Ordinary share of £1 at par, which has been fully paid.
Ordinary shares have attached to them voting rights, whereas B Ordinary shares do not. The share classes rank pari pasu in all other respects.

 
Page 4