REGISTERED NUMBER: 11283814 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HUNGERHILL LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Geoghegan

Mrs S-J Curtis

REGISTERED OFFICE:

Bicester Motion

Building 123

Buckingham Road

Bicester

Oxfordshire

OX27 8AL

REGISTERED NUMBER:

11283814 (England and Wales)

AUDITORS:

Bronsens

Statutory Auditor

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

970,000

970,000

CURRENT ASSETS

Work in progress

5

584,909

453,389

Debtors

6

78,371

72,920

Cash at bank

-

10,709

663,280

537,018

CREDITORS

Amounts falling due within one year

7

3,061

2,137

NET CURRENT ASSETS

660,219

534,881

TOTAL ASSETS LESS CURRENT LIABILITIES

1,630,219

1,504,881

CREDITORS

Amounts falling due after more than one year

8

(926,051

)

(778,665

)

PROVISIONS FOR LIABILITIES

9

(187,222

)

(192,734

)

NET ASSETS

516,946

533,482

CAPITAL AND RESERVES

Called up share capital

10

1

1

Revaluation reserve

11

615,515

615,515

Retained earnings

11

(98,570

)

(82,034

)

SHAREHOLDERS' FUNDS

516,946

533,482

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 Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

Mr D Geoghegan - Director

1.	STATUTORY INFORMATION

Hungerhill Leisure 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis on the understanding that the company has received assurances of support from its parent company, Bicester Motion Limited.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

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

Freehold land

-

not provided

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing work in progress to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

land

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

970,000

NET BOOK VALUE

At 31 March 2025

970,000

At 31 March 2024

970,000

Included in cost or valuation of land and buildings is freehold land of £ 970,000 (2024 - £ 970,000 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Freehold

land

£

Valuation in 2024

820,687

Cost

149,313

970,000

If freehold land had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

149,313

-

Freehold land was valued on an open market basis on 31 March 2025 by the Directors .

5.	WORK IN PROGRESS

31.3.25

31.3.24

£

£

Work-in-progress

584,909

453,389

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

71,403

71,403

VAT

5,468

17

Prepayments

1,500

1,500

78,371

72,920

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

960

12

Accrued expenses

2,101

2,125

3,061

2,137

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

926,051

778,665

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Tax losses carried forward

(17,950

)

(12,438

)

Other timing differences

205,172

205,172

187,222

192,734

Deferred

tax

£

Balance at 1 April 2024

192,734

Deferred tax asset on losses

(5,512

)

Deferred tax on revaluation

Balance at 31 March 2025

187,222

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

(82,034

)

615,515

533,481

Deficit for the year

(16,536

)

(16,536

)

At 31 March 2025

(98,570

)

615,515

516,945

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philip Burton BSc FCA (Senior Statutory Auditor)

for and on behalf of Bronsens

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Bicester Motion Limited.

Bicester Motion Limited prepares consolidated financial statements for the group. The registered office is Bicester Motion, Building 123, Buckingham Road, Bicester, Oxfordshire, OX27 8AL.