REGISTERED NUMBER: 12299993 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hut-3 Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A G E Johnson

REGISTERED OFFICE:

Unit 3, Mobbs Miller House

Christchurch Road

Northampton

NN1 5LL

REGISTERED NUMBER:

12299993 (England and Wales)

ACCOUNTANTS:

Richard Clarke & Co (At Your Service) Ltd

Unit 3, Mobbs Miller House

Christchurch Road

Northampton

Northamptonshire

NN1 5LL

FIXED ASSETS

Tangible assets

4

872

1,307

Investments

5

379,462

422,847

Investment property

6

236,094

236,094

616,428

660,248

CURRENT ASSETS

Debtors

7

570,712

598,314

Cash at bank

1,572,139

1,039,715

2,142,851

1,638,029

CREDITORS

Amounts falling due within one year

8

5,563

3,217

NET CURRENT ASSETS

2,137,288

1,634,812

TOTAL ASSETS LESS CURRENT LIABILITIES

2,753,716

2,295,060

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,753,616

2,294,960

2,753,716

2,295,060

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

Mr A G E Johnson - Director

1.	STATUTORY INFORMATION

Hut-3 Holdings 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.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Hut-3 Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial assets

Financial assets in the form of the company's investment in basic financial instruments are initially measured at cost and subsequently measured at fair value where it can be measured reliably, otherwise they are included at cost less any impairment. Any revaluation gains or losses are recognised within the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 January 2024

and 31 December 2024

1,743

Depreciation

At 1 January 2024

436

Charge for year

435

At 31 December 2024

871

Net book value

At 31 December 2024

872

At 31 December 2023

1,307

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Cost or valuation

At 1 January 2024

100

422,747

422,847

Additions

-

34,190

34,190

Disposals

-

(86,225

)

(86,225

)

Revaluations

-

8,650

8,650

At 31 December 2024

100

379,362

379,462

Net book value

At 31 December 2024

100

379,362

379,462

At 31 December 2023

100

422,747

422,847

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2024

-

(9,704

)

(9,704

)

Cost

100

389,066

389,166

100

379,362

379,462

Shares in group undertakings represents the company's holding of 100% of the issued share capital of Hut-3 Ltd (company 10666981).

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 January 2024

and 31 December 2024

236,094

Net book value

At 31 December 2024

236,094

At 31 December 2023

236,094

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

570,712

497,924

Other debtors

-

100,390

570,712

598,314

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

5,563

3,217