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REGISTERED NUMBER: 03278671 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HAZELHURST MANAGEMENT LIMITED

HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAZELHURST MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: I J Lancaster



REGISTERED OFFICE: 31 High Street
Haverhill
Suffolk
CB9 8AD



REGISTERED NUMBER: 03278671 (England and Wales)



ACCOUNTANTS: Streets Hackett Griffey LLP
Accountants & Business Advisers
31 High Street
Haverhill
Suffolk
CB9 8AD



BANKERS: Barclays Bank plc
5-6 High Street
Hitchin
Hertfordshire
SG5 1BJ

HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,296 2,870
Investments 5 1,248,951 1,603,550
Investment property 6 538,144 538,144
1,789,391 2,144,564

CURRENT ASSETS
Debtors 7 113,740 118,047
Cash at bank 716,362 374,534
830,102 492,581
CREDITORS
Amounts falling due within one year 8 505,835 551,039
NET CURRENT ASSETS/(LIABILITIES) 324,267 (58,458 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,113,658

2,086,106

PROVISIONS FOR LIABILITIES 574 718
NET ASSETS 2,113,084 2,085,388

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,113,082 2,085,386
SHAREHOLDERS' FUNDS 2,113,084 2,085,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)

BALANCE SHEET - continued
31 DECEMBER 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 director and authorised for issue on 8 May 2025 and were signed by:





I J Lancaster - Director


HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Hazelhurst Management 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 as modified by the revaluation of certain assets.

Turnover
Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Subscription income which is received in advance is included within deferred income and credited to turnover on a straight-line basis over the period of the subscription cover.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 10% on 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 104,053
DEPRECIATION
At 1 January 2024 101,183
Charge for year 574
At 31 December 2024 101,757
NET BOOK VALUE
At 31 December 2024 2,296
At 31 December 2023 2,870

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2024 1,603,550
Disposals (500,000 )
Revaluations 145,401
At 31 December 2024 1,248,951
NET BOOK VALUE
At 31 December 2024 1,248,951
At 31 December 2023 1,603,550

Cost or valuation at 31 December 2024 is represented by:

Other
investments
£   
Valuation in 2024 1,248,951

Fixed asset investments have been accounted for at market value.

HAZELHURST MANAGEMENT LIMITED (REGISTERED NUMBER: 03278671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 538,144
NET BOOK VALUE
At 31 December 2024 538,144
At 31 December 2023 538,144

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 105,696 110,522
Other debtors 8,044 7,525
113,740 118,047

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 473 472
Taxation and social security 118,411 114,208
Other creditors 386,951 436,359
505,835 551,039