Company registration number 05235436 (England and Wales)
HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
BALANCE SHEET
AS AT
30 JANUARY 2025
30 January 2025
- 1 -
30 January 2025
30 September 2023
Notes
£
£
£
£
Current assets
Debtors
4
48,756
22,245
Cash at bank and in hand
194,243
16,619
242,999
38,864
Creditors: amounts falling due within one year
5
(225,039)
(2,364)
Net current assets
17,960
36,500
Creditors: amounts falling due after more than one year
6
(15,523)
(36,500)
Net assets
2,437
-
0
Reserves
Income and expenditure account
2,437
-
0
Total members' funds
2,437
-
0

For the financial Period ended 30 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the Period 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 income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 10 October 2025 and are signed on its behalf by:
Mr S M Collinson
Director
Company registration number 05235436 (England and Wales)
HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2025
- 2 -
1
Accounting policies
Company information

Hughenden Court (Hastings) RTM Company Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 11 High Street, Seaford, East Sussex, BN25 1PE.

1.1
Reporting period

The financial statements have been prepared for a 16 month period due to a change in the financial year-end.

1.2
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.

1.3
Income and expenditure

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, 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.

HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JANUARY 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts 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.

1.6
Taxation

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit. However, a large amount of bank interest has been received in this period which is subject to tax.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
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.

HUGHENDEN COURT (HASTINGS) RTM COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JANUARY 2025
- 4 -
3
Employees

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

2025
2023
Number
Number
Total
-
0
-
0
4
Debtors
2025
2023
Amounts falling due within one year:
£
£
Service charges due
26,472
6,101
Other debtors
22,284
16,144
48,756
22,245
5
Creditors: amounts falling due within one year
2025
2023
£
£
Trade creditors
413
-
0
Taxation and social security
809
238
Major Works demands on account
213,006
-
0
Other creditors
10,811
2,126
225,039
2,364
6
Creditors: amounts falling due after more than one year
2025
2023
£
£
Trade creditors
15,523
36,500
7
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

8
Bank Balances

The balances shown in the accounts are held on trust for the leaseholders.

2025-01-30 2023-10-01 false false false 10 October 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr S M Collinson Mr A Oak Mr H M Seaton Mr T J Miller Mrs L Scott Mrs K E Seaton Ms Sharon Cox Housemartins Management Ltd 05235436 2023-10-01 2025-01-30 05235436 2025-01-30 05235436 2023-09-30 05235436 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-30 05235436 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 05235436 core:RetainedEarningsAccumulatedLosses 2025-01-30 05235436 core:RetainedEarningsAccumulatedLosses 2023-09-30 05235436 bus:Director1 2023-10-01 2025-01-30 05235436 2022-10-01 2023-09-30 05235436 core:CurrentFinancialInstruments 2025-01-30 05235436 core:CurrentFinancialInstruments 2023-09-30 05235436 core:WithinOneYear 2025-01-30 05235436 core:WithinOneYear 2023-09-30 05235436 core:Non-currentFinancialInstruments 2025-01-30 05235436 core:Non-currentFinancialInstruments 2023-09-30 05235436 core:CurrentFinancialInstruments 1 2025-01-30 05235436 core:CurrentFinancialInstruments 1 2023-09-30 05235436 bus:CompanyLimitedByGuarantee 2023-10-01 2025-01-30 05235436 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2025-01-30 05235436 bus:FRS102 2023-10-01 2025-01-30 05235436 bus:AuditExemptWithAccountantsReport 2023-10-01 2025-01-30 05235436 bus:Director2 2023-10-01 2025-01-30 05235436 bus:Director3 2023-10-01 2025-01-30 05235436 bus:Director4 2023-10-01 2025-01-30 05235436 bus:Director5 2023-10-01 2025-01-30 05235436 bus:Director6 2023-10-01 2025-01-30 05235436 bus:Director7 2023-10-01 2025-01-30 05235436 bus:CompanySecretary1 2023-10-01 2025-01-30 05235436 bus:FullAccounts 2023-10-01 2025-01-30 xbrli:pure xbrli:shares iso4217:GBP