| Hunt Developments Holdings Limited |
| Notes to the Accounts |
| for the year ended 30 April 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention, as modified for the revaluation of investments, and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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These accounts present information about about Hunt Development Holdings Limited only and not about its group. Group accounts are not prepared as the company is part of a small group. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at fair value. Changes in fair value are included in the profit and loss account. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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| 2 |
Employees |
2025 |
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2024 |
| Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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| 3 |
Investments |
| Investments in |
Investments in |
| subsidiary |
subsidiary |
| undertaking |
undertaking |
| £ |
£ |
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Fair value |
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At 1 May 2024 |
6,206,251 |
|
5,407,722 |
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Revaluation |
299,658 |
|
798,529 |
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At 30 April 2025 |
6,505,909 |
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6,206,251 |
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The initially recognised fair value upon acquisition of the subsidiary was £2,282,353. |
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| 4 |
Merger reserve |
2025 |
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2024 |
| £ |
£ |
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At 1 May 2024 |
2,282,327 |
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2,282,327 |
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At 30 April 2025 |
2,282,327 |
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2,282,327 |
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| 5 |
Subsidiary undertaking |
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Name |
Country |
Capital and |
Profit |
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incorporated |
reserves |
for year |
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(100% owned) |
£ |
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£ |
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Hunt Developments Group Limited |
UK |
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6,505,909 |
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299,658 |
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The registered office of the subsidiary company is the same as the company (Note 6). |
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| 5 |
Other information |
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Hunt Developments Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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19 Parkside Business Centre |
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Plumpton Road |
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Hoddesdon |
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England |
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EN11 0ES |