REGISTERED NUMBER: 01206399 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

A.V. HURST & SONS (FOBBING) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Hurst

G A Nash

L R C Hurst

SECRETARY:

G A Nash

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

01206399 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

1,250

656

Investment property

5

5,320,733

5,320,733

5,321,983

5,321,389

CURRENT ASSETS

Debtors

6

32,930

761

Cash at bank

268,017

381,839

300,947

382,600

CREDITORS

Amounts falling due within one year

7

209,820

332,428

NET CURRENT ASSETS

91,127

50,172

TOTAL ASSETS LESS CURRENT LIABILITIES

5,413,110

5,371,561

PROVISIONS FOR LIABILITIES

8

563,390

563,390

NET ASSETS

4,849,720

4,808,171

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

4,849,420

4,807,871

SHAREHOLDERS' FUNDS

4,849,720

4,808,171

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 22 December 2025 and were signed on its behalf by:

G A Nash - Director

R A Hurst - Director

1.	STATUTORY INFORMATION

A.v. Hurst & Sons (Fobbing) 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable.

Tangible fixed assets

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

Fixtures & fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

& fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

22,092

2,351

24,443

Additions

965

-

965

At 31 March 2025

23,057

2,351

25,408

DEPRECIATION

At 1 April 2024

21,592

2,195

23,787

Charge for year

293

78

371

At 31 March 2025

21,885

2,273

24,158

NET BOOK VALUE

At 31 March 2025

1,172

78

1,250

At 31 March 2024

500

156

656

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

5,320,733

NET BOOK VALUE

At 31 March 2025

5,320,733

At 31 March 2024

5,320,733

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

4,056,955

Valuation in 2016

236,000

Valuation in 2017

200,000

Cost

827,778

5,320,733

The company sought a professional and independent valuation of the properties as at 31st March 2017. The directors consider there has been no movement in the fair values up to 31st March 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

32,930

761

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

6,595

Tax

51,848

52,782

Social security & other taxes

3,050

1,448

Other creditors & accruals

31,059

24,635

Directors' current accounts

123,863

246,968

209,820

332,428

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

563,390

563,390

Deferred

tax

£

Balance at 1 April 2024

563,390

Balance at 31 March 2025

563,390

9.	RETAINED EARNINGS

Investment

Profit and loss

property

reserves

revaluation

Total

Balance brought forward

878,306

3,929,565

4,807,871

Movement in year

41,549

-

41,549

Balance carried forward

£919,855

£3,929,565

£4,849,420