IRIS Accounts Production v25.4.0.155 04462818 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04462818 2024-03-31 04462818 2025-03-31 04462818 2024-04-01 2025-03-31 04462818 2023-03-31 04462818 2023-04-01 2024-03-31 04462818 2024-03-31 04462818 ns15:EnglandWales 2024-04-01 2025-03-31 04462818 ns14:PoundSterling 2024-04-01 2025-03-31 04462818 ns10:Director1 2024-04-01 2025-03-31 04462818 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04462818 ns10:SmallEntities 2024-04-01 2025-03-31 04462818 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04462818 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04462818 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04462818 ns10:FullAccounts 2024-04-01 2025-03-31 04462818 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 04462818 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 04462818 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 04462818 ns10:Director2 2024-04-01 2025-03-31 04462818 ns10:Director3 2024-04-01 2025-03-31 04462818 ns10:CompanySecretary1 2024-04-01 2025-03-31 04462818 ns10:RegisteredOffice 2024-04-01 2025-03-31 04462818 ns5:CurrentFinancialInstruments 2025-03-31 04462818 ns5:CurrentFinancialInstruments 2024-03-31 04462818 ns5:Non-currentFinancialInstruments 2025-03-31 04462818 ns5:Non-currentFinancialInstruments 2024-03-31 04462818 ns5:ShareCapital 2025-03-31 04462818 ns5:ShareCapital 2024-03-31 04462818 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04462818 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04462818 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 04462818 ns5:PlantMachinery 2024-04-01 2025-03-31 04462818 ns5:MotorVehicles 2024-04-01 2025-03-31 04462818 ns5:ComputerEquipment 2024-04-01 2025-03-31 04462818 ns5:LandBuildings 2024-03-31 04462818 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 04462818 ns5:PlantMachinery 2024-03-31 04462818 ns5:LandBuildings 2024-04-01 2025-03-31 04462818 ns5:LandBuildings 2025-03-31 04462818 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-03-31 04462818 ns5:PlantMachinery 2025-03-31 04462818 ns5:LandBuildings 2024-03-31 04462818 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-03-31 04462818 ns5:PlantMachinery 2024-03-31 04462818 ns5:MotorVehicles 2024-03-31 04462818 ns5:ComputerEquipment 2024-03-31 04462818 ns5:MotorVehicles 2025-03-31 04462818 ns5:ComputerEquipment 2025-03-31 04462818 ns5:MotorVehicles 2024-03-31 04462818 ns5:ComputerEquipment 2024-03-31 04462818 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 04462818 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 04462818 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 04462818 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-03-31 04462818 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 04462818 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-03-31 04462818 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-03-31 04462818 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-03-31 04462818 ns10:OrdinaryShareClass1 2025-03-31 04462818 ns10:OrdinaryShareClass2 2025-03-31 04462818 ns10:OrdinaryShareClass3 2025-03-31 04462818 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04462818 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31

REGISTERED NUMBER: 04462818 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Hunts Pallets Ltd |

| Hunts Pallets Ltd (Registered number: 04462818) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Hunts Pallets Ltd |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | I Hunt

| Mrs S M Hunt

| V J Hunt

| SECRETARY: | Mrs S M Hunt

| REGISTERED OFFICE: | 14A Forest Gate

| Pewsham

| Chippenham

| Wiltshire

| SN15 3RS

| REGISTERED NUMBER: | 04462818 (England and Wales)

| Hunts Pallets Ltd (Registered number: 04462818) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 812,845 |  | 755,696 |  |

CURRENT ASSETS

Stocks | 6 | 109,750 |  | 117,750 |  |

Debtors | 7 | 81,649 |  | 81,008 |  |

Prepayments and accrued income | 210 |  | 170 |  |

Cash at bank | 63,272 |  | 115,415 |  |

254,881 |  | 314,343 |  |

CREDITORS

Amounts falling due within one year | 8 | 102,265 |  | 102,158 |  |

NET CURRENT ASSETS | 152,616 |  | 212,185 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 965,461 |  | 967,881 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (30,217 | ) | (51,829 | ) |

PROVISIONS FOR LIABILITIES | (68,832 | ) | (65,179 | ) |

ACCRUALS AND DEFERRED INCOME | (6,454 | ) | (6,119 | ) |

NET ASSETS | 859,958 |  | 844,754 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 125 |  | 125 |  |

Retained earnings | 12 | 859,833 |  | 844,629 |  |

SHAREHOLDERS' FUNDS | 859,958 |  | 844,754 |  |

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 3 January 2026 and were signed on its behalf by:

V J Hunt - Director

| Hunts Pallets Ltd (Registered number: 04462818) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Hunts Pallets Ltd 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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.

| 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 | - | in accordance with the property

| Plant and machinery | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

| Hunts Pallets Ltd (Registered number: 04462818) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| Freehold |  | to |  | Plant and

| property |  | property |  | machinery

£ | £ | £ |

| COST

| At 1 April 2024 | 364,210 |  | 220,896 |  | 517,623 |  |

| Additions | - |  | - |  | 90,000 |  |

| Disposals | - |  | - |  | (53,400 | ) |

| At 31 March 2025 | 364,210 |  | 220,896 |  | 554,223 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 90,127 |  | 275,691 |  |

| Charge for year | - |  | 6,555 |  | 47,854 |  |

| Eliminated on disposal | - |  | - |  | (40,485 | ) |

| At 31 March 2025 | - |  | 96,682 |  | 283,060 |  |

| NET BOOK VALUE

| At 31 March 2025 | 364,210 |  | 124,214 |  | 271,163 |  |

| At 31 March 2024 | 364,210 |  | 130,769 |  | 241,932 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 89,688 |  | 814 |  | 1,193,231 |  |

| Additions | 52,225 |  | - |  | 142,225 |  |

| Disposals | - |  | - |  | (53,400 | ) |

| At 31 March 2025 | 141,913 |  | 814 |  | 1,282,056 |  |

| DEPRECIATION

| At 1 April 2024 | 71,408 |  | 309 |  | 437,535 |  |

| Charge for year | 17,626 |  | 126 |  | 72,161 |  |

| Eliminated on disposal | - |  | - |  | (40,485 | ) |

| At 31 March 2025 | 89,034 |  | 435 |  | 469,211 |  |

| NET BOOK VALUE

| At 31 March 2025 | 52,879 |  | 379 |  | 812,845 |  |

| At 31 March 2024 | 18,280 |  | 505 |  | 755,696 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Valuation | 91,000 |  | 99,000 |  |

| Stocks | 18,750 |  | 18,750 |  |

109,750 |  | 117,750 |  |

| Cost of livestock is determined on an average cost basis and includes an appropriate proportion of direct costs. Costs of pallets is on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell.

| Hunts Pallets Ltd (Registered number: 04462818) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 71,361 |  | 53,149 |  |

| Other debtors | 5,931 |  | 5,931 |  |

| Directors' current accounts | - |  | 17,571 |  |

| s455 debtor | 4,357 |  | 4,357 |  |

81,649 |  | 81,008 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 10,504 |  | 19,343 |  |

| Hire purchase contracts | 13,372 |  | - |  |

| Trade creditors | 22,985 |  | 3,284 |  |

| Tax | 29,328 |  | 53,936 |  |

| Social security and other taxes | 624 |  | 594 |  |

| VAT | 26,100 |  | 26,038 |  |

| Other creditors | (876 | ) | (1,526 | ) |

| Directors' current accounts | 228 |  | 489 |  |

102,265 |  | 102,158 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 6,841 |  | 19,343 |  |

| Bank loans - 2-5 years | - |  | 32,209 |  |

| Bank loans more 5 yr by instal | - |  | 277 |  |

| Hire purchase contracts | 23,376 |  | - |  |

30,217 |  | 51,829 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 277 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 43,752 |  |

| This bank loan is secured by a freehold first legal charge over the land and a guarantee given by Mr V J Hunt and Mrs S M Hunt.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 50 | Ordinary A | 1 | 50 |  | 50 |  |

| 50 | Ordinary B | 1 | 50 |  | 50 |  |

| 25 | Ordinary C | 1 | 25 |  | 25 |  |

125 |  | 125 |  |

| Hunts Pallets Ltd (Registered number: 04462818) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

12. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2024 | 844,629 |  |

| Profit for the year | 108,475 |  |

| Dividends | (93,271 | ) |

| At 31 March 2025 | 859,833 |  |

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr V J Hunt and Mrs S M Hunt.