REGISTERED NUMBER: 00587736 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

G.M. Hunter Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Hunter

L Hunter

Mrs R Hunter

Mrs S Wilson

REGISTERED OFFICE:

Tilbrook Grange

Catworth Road

Tilbrook

Huntingdon

Cambridgeshire

PE28 0JZ

REGISTERED NUMBER:

00587736 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Intangible assets

4

134,375

153,125

Tangible assets

5

1,449,071

1,542,101

Investments

6

164

164

Investment property

7

960,000

951,293

Herd basis - biological assets

8

106,000

78,850

2,649,610

2,725,533

CURRENT ASSETS

Stocks

486,549

383,846

Debtors

124,391

207,984

Cash at bank

528,701

310,247

1,139,641

902,077

CREDITORS

Amounts falling due within one year

559,673

472,817

NET CURRENT ASSETS

579,968

429,260

TOTAL ASSETS LESS CURRENT LIABILITIES

3,229,578

3,154,793

PROVISIONS FOR LIABILITIES

249,624

301,064

NET ASSETS

2,979,954

2,853,729

CAPITAL AND RESERVES

Called up share

9

1,000

1,000

Non-distributable reserves

50,416

58,514

Retained earnings

2,928,538

2,794,215

SHAREHOLDERS' FUNDS

2,979,954

2,853,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

G Hunter - Director

1.	STATUTORY INFORMATION

G.M. Hunter 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.

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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance and 12.50% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts 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 Statement of Income and Retained Earnings, 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.

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.

Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 16 years.

Biological assets

Biological assets are recognised only when three recognition criteria have been fulfilled:

- the entity has control over the asset as a result of past events;

- it is probable that future economic benefits associated with the asset will flow to the entity; and

- the fair value or cost of the asset can be measured reliably

Where the company opts to measure a biological assets under the fair value model on initial recognition it must carry the asset at fair value at each reporting date. Changes in fair value less costs to sell are recognised in profit or loss.

Where the company opts to measure agricultural produce harvested from the biological asset it is measured at fair value less costs to sell at the point of harvest. This measurement becomes the cost at the date the company applies Section 13 Inventories to the agricultural produce.

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

146,875

Amortisation for year

18,750

At 31 March 2025

165,625

NET BOOK VALUE

At 31 March 2025

134,375

At 31 March 2024

153,125

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

2,601,943

Additions

26,825

Disposals

(111,357

)

At 31 March 2025

2,517,411

DEPRECIATION

At 1 April 2024

1,059,842

Charge for year

116,838

Eliminated on disposal

(108,340

)

At 31 March 2025

1,068,340

NET BOOK VALUE

At 31 March 2025

1,449,071

At 31 March 2024

1,542,101

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

164

NET BOOK VALUE

At 31 March 2025

164

At 31 March 2024

164

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

951,293

Revaluations

8,707

At 31 March 2025

960,000

NET BOOK VALUE

At 31 March 2025

960,000

At 31 March 2024

951,293

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

130,348

Valuation in 2024

(71,834

)

Valuation in 2025

8,707

Cost

892,779

960,000

8.	HERD BASIS - BIOLOGICAL ASSETS

Herd

basis -

biological

asset

£

COST

At 1 April 2024

78,850

Disposals

(1,632

)

Exchange adjustments

16,200

Revaluations

12,582

At 31 March 2025

106,000

NET BOOK VALUE

At 31 March 2025

106,000

At 31 March 2024

78,850

9.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

500

Ordinary A

£1

500

500

500

Ordinary B

£1

500

500

1,000

1,000