Huckvale Holdings Limited 11712411 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is business consultancy. Digita Accounts Production Advanced 6.30.9574.0 true 11712411 2024-01-01 2024-12-31 11712411 2024-12-31 11712411 core:CurrentFinancialInstruments 2024-12-31 11712411 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11712411 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 11712411 core:FurnitureFittings 2024-12-31 11712411 1 2024-12-31 11712411 bus:SmallEntities 2024-01-01 2024-12-31 11712411 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11712411 bus:FilletedAccounts 2024-01-01 2024-12-31 11712411 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11712411 bus:RegisteredOffice 2024-01-01 2024-12-31 11712411 bus:Director1 2024-01-01 2024-12-31 11712411 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11712411 core:FurnitureFittings 2024-01-01 2024-12-31 11712411 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 11712411 countries:EnglandWales 2024-01-01 2024-12-31 11712411 1 2024-01-01 2024-12-31 11712411 2023-12-31 11712411 core:FurnitureFittings 2023-12-31 11712411 1 2023-12-31 11712411 2023-01-01 2023-12-31 11712411 2023-12-31 11712411 core:CurrentFinancialInstruments 2023-12-31 11712411 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11712411 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 11712411 core:FurnitureFittings 2023-12-31 11712411 1 2023-12-31 11712411 1 2023-01-01 2023-12-31 11712411 1 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 11712411

Huckvale Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

Huckvale Holdings Limited

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Huckvale Holdings Limited

(Registration number: 11712411)
Statement of Financial Position as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | - | 11,333
Investments | 5 | 2 | 2
|  | 2 | 11,335
Current assets |  |  |
Debtors | 6 | 51,027 | 45,154
Investments | 7 | 43,894 | 33,144
Cash at bank and in hand |  | 100,894 | 135,231
|  | 195,815 | 213,529
Creditors: Amounts falling due within one year | 8 | (7,750) | (1,072)
Net current assets |  | 188,065 | 212,457
Total assets less current liabilities |  | 188,067 | 223,792
Creditors: Amounts falling due after more than one year | 8 | (16,514) | (26,612)
Provisions for liabilities |  | - | (2,153)
Net assets |  | 171,553 | 195,027
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 171,453 | 194,927
Shareholders' funds |  | 171,553 | 195,027

Huckvale Holdings Limited

(Registration number: 11712411)
Statement of Financial Position as at 31 December 2024 (continued)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 17 September 2025

Mr Robert Edward Bolton Director

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Timberly
South Street
Axminster
Devon
EX13 5AD

Principal activity

The principal activity of the company is business consultancy.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fittings fixtures and equipment | 1/3 Straight line

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 January 2024 | 74,665 | 74,665
At 31 December 2024 | 74,665 | 74,665
Depreciation
At 1 January 2024 | 63,332 | 63,332
Charge for the year | 11,333 | 11,333
At 31 December 2024 | 74,665 | 74,665
Carrying amount
At 31 December 2024 | - | -
At 31 December 2023 | 11,333 | 11,333

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

5 | Investments

Fixed asset investment participating loan

| Shares in group undertakings and participating interests £
Cost or valuation
At 1 January 2024 | 2
At 31 December 2024 | 2

6 | Debtors

| 2024 £ | 2023 £
Other debtors | 51,027 | 45,154
| 51,027 | 45,154

7 | Current asset investments

| 2024 £ | 2023 £
Other investments | 43,894 | 33,144

Huckvale Holdings Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)

8 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Trade creditors | 7,750 | 1,072

Creditors: amounts falling due after more than one year

| 2024 £ | 2023 £
Other creditors | 16,514 | 26,612

9 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.

10 | Related party transactions

Transactions with the director

2024 | At 1 January 2024 £ | Advances to director £ | Repayments by director £ | At 31 December 2024 £
Director | 3,492 | 3,000 | (3,500) | 2,992

2023 | At 1 January 2023 £ | Advances to director £ | Repayments by director £ | At 31 December 2023 £
Director | 4,592 | 3,500 | (4,600) | 3,492