R. J. Hurst & Partners Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00492768

R. J. Hurst & Partners Limited

Filleted Unaudited Financial Statements

30 April 2025

R. J. Hurst & Partners Limited

Financial Statements

Year ended 30 April 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

R. J. Hurst & Partners Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	3,804	8,670
Investments	6	1,635	1,635
		-------	--------
		5,439	10,305

Current assets

Debtors	7	1,648,386	1,730,152
Cash at bank and in hand		60,069	21,670
		------------	------------
		1,708,455	1,751,822

Creditors: amounts falling due within one year	8	34,293		35,854
		------------		------------
Net current assets			1,674,162		1,715,968
			------------		------------
Total assets less current liabilities			1,679,601		1,726,273

Provisions	951	1,941
	------------	------------
Net assets	1,678,650	1,724,332
	------------	------------

Capital and reserves

Called up share capital	9	5,463	5,463
Share premium account		92,038	92,038
Capital redemption reserve		3,119	3,119
Other reserves		307	307
Profit and loss account		1,577,723	1,623,405
		------------	------------
Shareholders funds		1,678,650	1,724,332
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

R. J. Hurst & Partners Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

S A Smith	R H McEwen
Director	Director

Company registration number: 00492768

R. J. Hurst & Partners Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 14 Crusader Business Park, Stephenson Road West, Clacton-on-Sea, Essex, CO15 4TN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover shown in the profit and loss account represents commission and fees accounted for on a receivable basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Provisions

Provisions are recognised in the accounts where the company has a present obligation as a result of a past event, where it is possible that there will be a transfer of economic benefits to settle the obligation and a reliable estimate can be made of the amount of the obligation.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tangible assets

	Fixtures and fittings	Total
	£	£
Cost
At 1 May 2024 and 30 April 2025	53,718	53,718
	--------	--------
Depreciation
At 1 May 2024	45,048	45,048
Charge for the year	4,866	4,866
	--------	--------
At 30 April 2025	49,914	49,914
	--------	--------
Carrying amount
At 30 April 2025	3,804	3,804
	--------	--------
At 30 April 2024	8,670	8,670
	--------	--------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 May 2024 and 30 April 2025	1,635
	-------
Impairment
At 1 May 2024 and 30 April 2025	–
	-------

Carrying amount
At 30 April 2025	1,635
	-------
At 30 April 2024	1,635
	-------

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	1,644,332	1,720,283
Prepayments and accrued income	4,054	9,869
	------------	------------
	1,648,386	1,730,152
	------------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,893	5,216
Accruals and deferred income	27,574	23,099
Other creditors	2,826	7,539
	--------	--------
	34,293	35,854
	--------	--------

9. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.10 each	100,000	10,000	100,000	10,000
	---------	--------	---------	--------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.10 each	54,625	5,463	54,625	5,463
	--------	-------	--------	-------

10. Related party transactions

The company is a wholly owned subsidiary of GRS (2018) Ltd and has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with GRS (2018) Ltd or other wholly owned subsidiaries within the group. Included within the transaction value is management charges received and paid.

11. Controlling party

The ultimate parent company is GRS (2018) Ltd.