ACCOUNTS - Final Accounts preparation

Registered number: 09285068

HUNSTON CAPITAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

Chartered Accountants

2nd Floor, Heathmans House

19 Heathmans Road

London

SW6 4TJ

HUNSTON CAPITAL LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HUNSTON CAPITAL LIMITED
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hunston Capital Limited for the year ended 31 March 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Hunston Capital Limited in accordance with the terms of our engagement letter dated 18 December 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Hunston Capital Limited and state those matters that we have agreed to state to the director of Hunston Capital Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hunston Capital Limited and its director for our work or for this report.

It is your duty to ensure that Hunston Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hunston Capital Limited. You consider that Hunston Capital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Hunston Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haggards Crowther LLP

Chartered Accountants

2nd Floor, Heathmans House

19 Heathmans Road

London

SW6 4TJ

30 December 2025

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HUNSTON CAPITAL LIMITED

REGISTERED NUMBER: 09285068

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		935,176		935,176
			935,176		935,176
Current assets
Debtors	5	2,149,977		2,164,880
Current asset investments	6	956,051		1,203,989
Cash at bank		1,022		436,900
		3,107,050		3,805,769
Creditors: amounts falling due within one year		(44,605)		(33,131)
Net current assets			3,062,445		3,772,638
Total assets less current liabilities			3,997,621		4,707,814

Net assets			3,997,621		4,707,814

Capital and reserves
Called up share capital	1	1
Retained earnings	3,997,620	4,707,813
	3,997,621	4,707,814

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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HUNSTON CAPITAL LIMITED

REGISTERED NUMBER: 09285068

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

L S G Townsend

Director

Date: 30 December 2025

The notes on pages 4 to 6 form part of these financial statements.

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HUNSTON CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Hunston Capital Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09285068 and its registered address is 2nd Floor, Heathmans House, 19 Heathmans Road, London, England, SW6 4TJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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.

2.2

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of estimation uncertainty that affect the preparation of the financial statements.

2.3

Turnover

Turnover is stated net of VAT. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the services provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

2.4

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.

2.5

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in Income Statement.

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HUNSTON CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Fixed asset investments

	Unlisted investments	Loan notes at fair value	Total
	£	£	£
Cost or valuation
At 1 April 2024	425,581	509,595	935,176
At 31 March 2025	425,581	509,595	935,176

Net book value
At 31 March 2025	425,581	509,595	935,176
At 31 March 2024	425,581	509,595	935,176

The company has an investment of £425,581 (2024: £425,581) as follows: £834 (2024: £834) representing 100% of B class share capital with voting rights and £424,747 (2024: £424,747) representing Management preference shares, in Zeus Topco Limited, a company incorporated in England and Wales.
The company has an investment of £509,595 (2024: £509,595) in Non QCB loan notes in ZF Bidco Limited, a company incorporated in England and Wales. The notes entitle the company to 12% interest per annum and is repayable within 6 years from the date of issue.

Debtors

					2025	2024
					£	£


Director's loan account	1,624,595	1,577,415
Accrued income	-	73,956
S455 tax	525,382	513,509
	2,149,977	2,164,880

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HUNSTON CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Current asset investments
		2025	2024
		£	£

	Cryptocurrency	956,051	1,203,989

Cryptocurrency investments are initially recognised at cost on the date the transactions are entered into and are subsequently revalued to reflect the fair value. Changes in the fair value of the investment, both realised and unrealised, are recognised in the Income Statement.

7.	Retained earnings
		2025
		£


	At 1 April 2024	4,707,813
	Profit for the year	(710,193)
	At 31 March 2025	3,997,620

8.	Transactions with directors

Included within Other Debtors is an amount of £1,624,595 (2024: £1,577,415), owed by Mr L S G Townsend. The outstanding balance is unsecured, subject to 2.25% interest and repayable on demand. Interest in the amount of £35,180 (2024: £34,841) was charged during the year.

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