Company Registration No. 06229672 (England and Wales)
HUNGERHILL DEVELOPMENTS LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
HUNGERHILL DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
HUNGERHILL DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
-
0
2,915
Current assets
Debtors
5
98,006
33,711
Cash at bank and in hand
1,776
149,656
99,782
183,367
Creditors: amounts falling due within one year
6
(98,123)
(180,250)
Net current assets
1,659
3,117
Total assets less current liabilities
1,659
6,032
Creditors: amounts falling due after more than one year
7
-
(1,458)
Net assets
1,659
4,574
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
1,658
4,573
Total equity
1,659
4,574

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 September 2025 and are signed on its behalf by:
C Underwood
Director
Company registration number 06229672 (England and Wales)
HUNGERHILL DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Accounting policies
Company information

Hungerhill Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 27-31 Carlton Road, Nottingham, NG3 2DG.

2.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

Hungerhill Developments Limited is a wholly owned subsidiary of The Renewal Trust and the results of Hungerhill Developments Limited are included in the consolidated financial statements of The Renewal Trust which are available from the registered office.

2.2
Going concern

St Anns Allotments lease and site management responsibilities were returned to Nottingham City Council on 31 January 2025. Staff were transferred to Nottingham City Council as part of the process. The Directors will commence winding the company up on completion of final accounts.true

2.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

HUNGERHILL DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2
Accounting policies
(Continued)
- 3 -
2.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
HUNGERHILL DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2024
5,829
Disposals
(5,829)
At 31 March 2025
-
0
Depreciation and impairment
At 1 April 2024
2,914
Depreciation charged in the year
1,214
Eliminated in respect of disposals
(4,128)
At 31 March 2025
-
0
Carrying amount
At 31 March 2025
-
0
At 31 March 2024
2,915
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
534
31,499
Amounts owed by group undertakings
93,151
-
0
Other debtors
4,321
2,212
98,006
33,711
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,335
32,477
Amounts owed to group undertakings
-
0
33,814
Taxation and social security
-
0
2,830
Other creditors
93,788
111,129
98,123
180,250
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
1,458
HUNGERHILL DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
9
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Hungerhill Developments Limited is a wholly owned subsidiary of The Renewal Trust Limited.

Included in debtors is an intercompany loan balance due to Hungerhill Developments Limited from The Renewal Trust Limited totalling £93,151 (2024: £33,814 was due to The Renewal Trust).

10
Parent company

The parent company of Hungerhill Developments Limited is The Renewal Trust Limited and its registered office is 27-31 Carlton Road, Nottingham, NG3 2DG.

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