Silverfin false false 31/03/2025 01/04/2024 31/03/2025 S J Frost 23/12/2019 04 August 2025 no description of principal activity 12376853 2025-03-31 12376853 bus:Director1 2025-03-31 12376853 2024-03-31 12376853 core:CurrentFinancialInstruments 2025-03-31 12376853 core:CurrentFinancialInstruments 2024-03-31 12376853 core:ShareCapital 2025-03-31 12376853 core:ShareCapital 2024-03-31 12376853 core:RetainedEarningsAccumulatedLosses 2025-03-31 12376853 core:RetainedEarningsAccumulatedLosses 2024-03-31 12376853 core:CostValuation 2024-03-31 12376853 core:CostValuation 2025-03-31 12376853 2024-04-01 2025-03-31 12376853 bus:FilletedAccounts 2024-04-01 2025-03-31 12376853 bus:SmallEntities 2024-04-01 2025-03-31 12376853 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12376853 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12376853 bus:Director1 2024-04-01 2025-03-31 12376853 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 12376853 (England and Wales)

HUBY HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

HUBY HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

HUBY HOLDINGS LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2025
HUBY HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025
DIRECTOR S J Frost
REGISTERED OFFICE Treviot House
186-192 High Road
Ilford
IG1 1LR
United Kingdom
COMPANY NUMBER 12376853 (England and Wales)
ACCOUNTANT Gravita Essex Limited
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
United Kingdom
HUBY HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2025
HUBY HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investment property 3 560,646 0
Investments 4 95,539 95,539
656,185 95,539
Current assets
Cash at bank and in hand 708,492 1,134,128
708,492 1,134,128
Creditors: amounts falling due within one year 5 ( 1,317,404) ( 1,227,778)
Net current liabilities (608,912) (93,650)
Total assets less current liabilities 47,273 1,889
Net assets 47,273 1,889
Capital and reserves
Called-up share capital 100 100
Profit and loss account 47,173 1,789
Total shareholder's funds 47,273 1,889

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Huby Holdings Limited (registered number: 12376853) were approved and authorised for issue by the Director on 04 August 2025. They were signed on its behalf by:

S J Frost
Director
HUBY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
HUBY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Huby Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Investment property

Investment property
£
Valuation
As at 01 April 2024 0
Additions 560,646
As at 31 March 2025 560,646

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

2025 2024
£ £
Historic cost 560,646 0

4. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 April 2024 95,539 95,539
At 31 March 2025 95,539 95,539
Carrying value at 31 March 2025 95,539 95,539
Carrying value at 31 March 2024 95,539 95,539

5. Creditors: amounts falling due within one year

2025 2024
£ £
Amounts owed to Group undertakings 1,300,940 1,225,940
Taxation and social security 13,812 455
Other creditors 2,652 1,383
1,317,404 1,227,778