REGISTERED NUMBER: 03964998 (England and Wales)

HUNTMORE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

G M Moreton

A J Fitzmaurice

Mrs M L Fitzmaurice

Mrs A Moreton

R T Hanwell

REGISTERED OFFICE:

Riverside Suite

Cherryholt House

Cherryholt Road

Stamford

Lincolnshire

PE9 2EP

REGISTERED NUMBER:

03964998 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

FIXED ASSETS

Tangible assets

4

117,951

139,143

Investments

5

4

4

117,955

139,147

CURRENT ASSETS

Debtors

6

343,255

455,017

Cash at bank

492,408

390,617

835,663

845,634

CREDITORS

Amounts falling due within one year

7

446,268

523,815

NET CURRENT ASSETS

389,395

321,819

TOTAL ASSETS LESS CURRENT LIABILITIES

507,350

460,966

CREDITORS

Amounts falling due after more than one year

8

(24,384

)

(93,357

)

PROVISIONS FOR LIABILITIES

(19,987

)

(23,834

)

NET ASSETS

462,979

343,775

CAPITAL AND RESERVES

Called up share capital

10

731

655

Share premium

77,864

45,716

Capital redemption reserve

475

475

Retained earnings

383,909

296,929

SHAREHOLDERS' FUNDS

462,979

343,775

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 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

G M Moreton - Director

1.	STATUTORY INFORMATION

Huntmore 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - Straight line over the term of the lease

Fixtures and fittings - 33% reducing balance and 20% reducing balance

Computer equipment - 33% on cost and 20% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 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.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Government grants

Government grants that are classified as revenue grants are recognised in the income statement in the period to which they relate, with any amounts not yet recognised being shown as a liability in the statement of financial position.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2023 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

93,149

89,340

109,034

291,523

Additions

-

775

10,944

11,719

At 31 December 2024

93,149

90,115

119,978

303,242

DEPRECIATION

At 1 January 2024

18,165

41,886

92,329

152,380

Charge for year

9,315

9,728

13,868

32,911

At 31 December 2024

27,480

51,614

106,197

185,291

NET BOOK VALUE

At 31 December 2024

65,669

38,501

13,781

117,951

At 31 December 2023

74,984

47,454

16,705

139,143

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

4

NET BOOK VALUE

At 31 December 2024

4

At 31 December 2023

4

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

291,020

396,167

Other debtors

3,366

3,366

Directors' current accounts

22

21

Prepayments and accrued income

48,847

55,463

343,255

455,017

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

68,973

63,120

Trade creditors

37,434

61,182

Corporation tax

82,881

78,301

Other taxes and social security

143,797

177,865

Other creditors

13,314

21,270

Accrued expenses

99,869

122,077

446,268

523,815

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

24,384

68,973

Bank loans - 2-5 years

-

24,384

24,384

93,357

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

67,661

73,348

Between one and five years

211,580

229,862

In more than five years

105,569

155,820

384,810

459,030

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

475

Ordinary

£1

475

475

106

Ordinary B

£1

106

106

74

Ordinary C

£1

150

74

731

655

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

A J Fitzmaurice

Balance outstanding at start of year

21

15,701

Amounts advanced

-

8

Amounts repaid

-

(15,688

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21

21

Loans to directors are repayable on demand and the interest is charged at the official HM Revenue & Customs interest rates.