Company Registration No. 12353820 (England and Wales)
HUNTINGDON PROPERTIES 3 LIMITED
Unaudited accounts
for the year ended 31 December 2024
HUNTINGDON PROPERTIES 3 LIMITED
Unaudited accounts
Contents
HUNTINGDON PROPERTIES 3 LIMITED
Company Information
for the year ended 31 December 2024
Director
Warjinder Singh KHAMBA
Company Number
12353820 (England and Wales)
Registered Office
74 THE ALBANY HOTEL
BIRKIN AVENUE
NOTTINGHAM
NG7 5AR
ENGLAND
HUNTINGDON PROPERTIES 3 LIMITED
Statement of financial position
as at 31 December 2024
Investment property
538,100
532,000
Cash at bank and in hand
207
140
Creditors: amounts falling due within one year
(21,100)
(20,873)
Net current assets
204,287
278,018
Total assets less current liabilities
742,387
810,018
Creditors: amounts falling due after more than one year
(658,983)
(627,885)
Provisions for liabilities
Deferred tax
(46,105)
(46,105)
Called up share capital
100
100
Profit and loss account
37,199
135,928
Shareholders' funds
37,299
136,028
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
Warjinder Singh KHAMBA
Director
Company Registration No. 12353820
HUNTINGDON PROPERTIES 3 LIMITED
Notes to the Accounts
for the year ended 31 December 2024
HUNTINGDON PROPERTIES 3 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12353820. The registered office is 74 THE ALBANY HOTEL, BIRKIN AVENUE, NOTTINGHAM, NG7 5AR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2024
532,000
At 31 December 2024
538,100
Amounts falling due after more than one year
HUNTINGDON PROPERTIES 3 LIMITED
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
16,969
17,067
Taxes and social security
2,456
2,456
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
121,139
125,028
Other creditors
537,844
502,857
8
Deferred taxation
2024
2023
Revaluation of investment property
46,105
46,105
Provision at start of year
46,105
34,256
Charged to the profit and loss account
-
11,849
Provision at end of year
46,105
46,105
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).