REGISTERED NUMBER: 07040041 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Huish Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A Underhill

REGISTERED OFFICE:

Greenway Farm

Wiveliscombe

Somerset

TA4 2UA

REGISTERED NUMBER:

07040041 (England and Wales)

FIXED ASSETS

Investment property

4

564,087

564,087

CURRENT ASSETS

Debtors

5

42,500

32,500

Cash at bank

10,610

7,288

53,110

39,788

CREDITORS

Amounts falling due within one year

6

137,499

310,099

NET CURRENT LIABILITIES

(84,389

)

(270,311

)

TOTAL ASSETS LESS CURRENT LIABILITIES

479,698

293,776

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

479,598

293,676

SHAREHOLDERS' FUNDS

479,698

293,776

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 director acknowledges her 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 29 August 2025 and were signed by:

Mrs A Underhill - Director

1.	STATUTORY INFORMATION

Huish Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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 (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

564,087

NET BOOK VALUE

At 31 March 2025

564,087

At 31 March 2024

564,087

The Historic cost of the property is £564,087 with no accumulated depreciation.The property portfolio has been valued by the director Mrs A Underhill who is not a professionally qualified valuer.In the opinion of the director, the market value is not materially different to the historic cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,500

2,500

Prepayments and accrued income

40,000

30,000

42,500

32,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

61,255

13,570

Other loans

-

200,000

Directors' current accounts

71,944

92,512

Accruals and deferred income

4,300

4,017

137,499

310,099

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

293,676

Profit for the year

185,922

At 31 March 2025

479,598

9.	RELATED PARTY DISCLOSURES

A company in which Mrs A Underhill is also a director.

A management charge of £10,000 (2024: £10,000) receivable by the company during the year.

A company in which Mrs A Underhill is also a director.

A management charge of £20,000 (2024: £20,000) receivable by the company during the year. A loan of £200,000 due from Huish Estates Ltd was written off to the credit of the profit and loss account during the year by agreement between the two companies.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director, Mrs A Underhill.