REGISTERED NUMBER: 03682759 (England and Wales)

HUNT DEVELOPMENTS (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T L Hunt

Mr D Hunt

Mr T M Hunt

REGISTERED OFFICE:

Units 15 - 18

Holmbush Industrial Estate

Midhurst

West Sussex

GU29 9HX

REGISTERED NUMBER:

03682759 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

SOLICITORS:

MacDonald Oates

Knockhundred Row

Midhurst

West Sussex

GU29 9DQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

49,464

53,936

49,464

53,936

CURRENT ASSETS

Stocks

343,784

274,974

Debtors

6

587,724

507,699

Cash at bank and in hand

1,182,562

1,248,600

2,114,070

2,031,273

CREDITORS

Amounts falling due within one year

7

260,967

177,929

NET CURRENT ASSETS

1,853,103

1,853,344

TOTAL ASSETS LESS CURRENT LIABILITIES

1,902,567

1,907,280

PROVISIONS FOR LIABILITIES

8,452

8,710

NET ASSETS

1,894,115

1,898,570

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

1,884,115

1,888,570

SHAREHOLDERS' FUNDS

1,894,115

1,898,570

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.

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 16 December 2025 and were signed on its behalf by:

Mr T L Hunt - Director

1.	STATUTORY INFORMATION

Hunt Developments (UK) 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.

Turnover

Income is recognised when a customer order has been completed, net of value added tax and trade discounts. Customer orders partly completed at the year end are included in stock as work in progress.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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 only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Deferred taxation

Full provision is made at current rates for material deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

250,000

AMORTISATION

At 1 April 2024

and 31 March 2025

250,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

241,959

925,255

77,491

72,514

1,317,219

Additions

-

6,559

6,042

9,727

22,328

At 31 March 2025

241,959

931,814

83,533

82,241

1,339,547

DEPRECIATION

At 1 April 2024

241,959

877,876

75,859

67,589

1,263,283

Charge for year

-

19,728

1,687

5,385

26,800

At 31 March 2025

241,959

897,604

77,546

72,974

1,290,083

NET BOOK VALUE

At 31 March 2025

-

34,210

5,987

9,267

49,464

At 31 March 2024

-

47,379

1,632

4,925

53,936

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

287,278

218,596

Other debtors

300,446

289,103

587,724

507,699

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

199,483

124,810

Taxation and social security

3,762

21,953

Other creditors

57,722

31,166

260,967

177,929