Registration number: 02963068

The Hunting Lodge Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

The Hunting Lodge Limited

(Registration number: 02963068)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	28,366	35,654
Current assets
Debtors	5	7,249	6,504
Cash at bank and in hand		318	318
		7,567	6,822
Creditors: Amounts falling due within one year	6	(283,023)	(244,785)
Net current liabilities		(275,456)	(237,963)
Total assets less current liabilities		(247,090)	(202,309)
Creditors: Amounts falling due after more than one year	6	(12,589)	(15,860)
Net liabilities		(259,679)	(218,169)
Capital and reserves
Called up share capital		5	5
Retained earnings		(259,684)	(218,174)
Shareholders' deficit		(259,679)	(218,169)

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.

Directors' 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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 5 September 2025 and signed on its behalf by:
 

......................................... S D Parry Director

The Hunting Lodge 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:
7a King Street
Frome
Somerset
BA11 1BH

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet 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
Short leasehold	5% on cost
Plant and machinery	25% reducing balance

The Hunting Lodge Limited

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

Fixtures and fittings	20% reducing balance
Computer equipment	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 profit and loss account 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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

The Hunting Lodge Limited

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

4	Tangible assets

	Land and buildings £	Plant and machinery etc £	Total £
Cost or valuation
At 1 January 2024	59,704	89,597	149,301
At 31 December 2024	59,704	89,597	149,301
Depreciation
At 1 January 2024	51,629	62,018	113,647
Charge for the year	475	6,813	7,288
At 31 December 2024	52,104	68,831	120,935
Net book value
At 31 December 2024	7,600	20,766	28,366
At 31 December 2023	8,075	27,579	35,654

5

Debtors

	2024 £	2023 £
Other debtors	5,521	4,776
Prepayments	1,728	1,728
	7,249	6,504

6

Creditors

Amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	7	14,914	17,396
Trade creditors		20,367	24,039
Other creditors		247,742	203,350
		283,023	244,785

The Hunting Lodge Limited

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

Amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	7	12,589	15,860

7	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	12,589	15,860

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	6,215	5,919
Bank overdrafts	8,699	11,477
	14,914	17,396

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £47,022 (2023 - £57,822).

9	Related party transactions

Included in other creditors is a balance of £75,574 (2023: £75,572) which is due to another limited company in which the directors have a controlling interest.