REGISTERED NUMBER: SC467013 (Scotland)

Unaudited Financial Statements

For The Year Ended 30 March 2025

for

Hunter All Terrain Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Hamilton

A W Rankin

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC467013 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Intangible assets

4

7,382

7,382

Tangible assets

5

700,400

609,216

Investment property

6

429,164

232,264

1,136,946

848,862

CURRENT ASSETS

Stocks

200,000

150,000

Debtors

7

225,994

168,490

Cash at bank

17,583

95,444

443,577

413,934

CREDITORS

Amounts falling due within one year

8

381,659

323,721

NET CURRENT ASSETS

61,918

90,213

TOTAL ASSETS LESS CURRENT LIABILITIES

1,198,864

939,075

CREDITORS

Amounts falling due after more than one year

9

(289,676

)

(285,825

)

PROVISIONS FOR LIABILITIES

11

(81,871

)

(63,501

)

NET ASSETS

827,317

589,749

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

827,217

589,649

SHAREHOLDERS' FUNDS

827,317

589,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 23 December 2025 and were signed on its behalf by:

A W Rankin - Director

1.	STATUTORY INFORMATION

Hunter All Terrain Limited is a private company, limited by shares , registered in Scotland. 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

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

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance and 4% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance and 15% on reducing balance

Computer equipment

-

20% 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

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.

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.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 31 March 2024

and 30 March 2025

7,382

NET BOOK VALUE

At 30 March 2025

7,382

At 30 March 2024

7,382

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 31 March 2024

275,000

317,253

22,777

Additions

-

19,052

-

Disposals

-

-

-

At 30 March 2025

275,000

336,305

22,777

DEPRECIATION

At 31 March 2024

-

89,399

10,611

Charge for year

5,500

30,730

2,433

Eliminated on disposal

-

-

-

At 30 March 2025

5,500

120,129

13,044

NET BOOK VALUE

At 30 March 2025

269,500

216,176

9,733

At 30 March 2024

275,000

227,854

12,166

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 March 2024

197,636

3,266

815,932

Additions

162,864

457

182,373

Disposals

(62,294

)

-

(62,294

)

At 30 March 2025

298,206

3,723

936,011

DEPRECIATION

At 31 March 2024

104,174

2,532

206,716

Charge for year

36,081

659

75,403

Eliminated on disposal

(46,508

)

-

(46,508

)

At 30 March 2025

93,747

3,191

235,611

NET BOOK VALUE

At 30 March 2025

204,459

532

700,400

At 30 March 2024

93,462

734

609,216

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 March 2024

232,264

Additions

196,900

At 30 March 2025

429,164

NET BOOK VALUE

At 30 March 2025

429,164

At 30 March 2024

232,264

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

221,051

164,147

Other debtors

4,943

4,343

225,994

168,490

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans and overdrafts

27,906

17,493

Hire purchase contracts

44,218

29,054

Trade creditors

936

7,223

Taxation and social security

114,031

82,256

Other creditors

194,568

187,695

381,659

323,721

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans

220,233

260,586

Hire purchase contracts

69,443

25,239

289,676

285,825

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.3.25

30.3.24

£

£

Bank loans

248,139

-

Bank loan

-

259,196

248,139

259,196

Atom Bank holds security over all and whole the subjects forming 3A Hamilton Road.

11.	PROVISIONS FOR LIABILITIES

30.3.25

30.3.24

£

£

Deferred tax

81,871

63,501

Deferred

tax

£

Balance at 31 March 2024

63,501

Provided during year

18,370

Balance at 30 March 2025

81,871