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Registration number: 14069264

Hustwick-Knight Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Hustwick-Knight Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Hustwick-Knight Limited

Company Information

Directors | E Childs J Childs

Registered office | 19 Town Lane Petersfield GU32 2AF

Accountants | Pacific Limited 1st Floor, Woburn House 84 St Benedicts Street Norwich Norfolk NR2 4AB

Hustwick-Knight Limited

(Registration number: 14069264)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 544,675 | 544,675
Current assets |  |  |
Debtors | 5 | 5,781 | 2,733
Cash at bank and in hand |  | 14,375 | 8,952
|  | 20,156 | 11,685
Creditors: Amounts falling due within one year | 6 | (191,700) | (194,305)
Net current liabilities |  | (171,544) | (182,620)
Total assets less current liabilities |  | 373,131 | 362,055
Creditors: Amounts falling due after more than one year | 6 | (389,114) | (387,162)
Net liabilities |  | (15,983) | (25,107)
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Profit and loss account |  | (16,083) | (25,207)
Shareholders' deficit |  | (15,983) | (25,107)

For the financial 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 January 2026 and signed on its behalf by:

E Childs
Director

J Childs
Director

Hustwick-Knight Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
19 Town Lane
Petersfield
GU32 2AF

2 | Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The presentation currency is sterling.
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern
Notwithstanding the deficit of shareholders' funds, the directors consider that the company will recover this deficit in future years and therefore it is appropriate for the accounts to be prepared on a going concern basis.

Revenue recognition
Turnover comprises rental income received or receivable in the ordinary course of the company's activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is measured at fair value at each reporting date with changes in fair value recognised in the profit and loss account.

Cash
Cash comprises cash on hand and all deposits.

Debtors
Debtors are amounts due from tenants and letting agents for rent receivable and other associated letting fees in the ordinary course of the business.
Debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due.

Hustwick-Knight Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company during the year was 0 (2024 - 0).

4 | Investment property

| 2025 £ | 2024 £
At 1 May | 544,675 | 282,281
Additions | - | 262,394
At 30 April | 544,675 | 544,675

The directors have reviewed the market value of the properties using current market data for similar properties in the same areas and consider that there is no significant change at the balance sheet date.

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 3,271 | -
Prepayments | 2,510 | 2,733
| 5,781 | 2,733

Hustwick-Knight Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Taxation and social security | 312 | -
Other creditors | 6,098 | 8,429
Other loans | 183,451 | 183,827
Accruals | 1,839 | 2,049
| 191,700 | 194,305

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Bank loans | 389,114 | 387,162
| 389,114 | 387,162

Creditors include bank loans, which are secured against investment properties, of £389,114 (2024 - £387,162) and is repayable, other than by instalments, after more than 5 years.

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £0.01 each | 4,925 | 49.25 | 4,925 | 49.25
Ordinary B shares of £0.01 each | 4,925 | 49.25 | 4,925 | 49.25
Ordinary C shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary D shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary E shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary F shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary G shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary H shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary I shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary J shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary K shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary L shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary M shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary N shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary O shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary P shares of £0.01 each | 10 | 0.10 | 10 | 0.10
Ordinary Q shares of £0.01 each | 10 | 0.10 | 10 | 0.10
| 10,000 | 100.00 | 10,000 | 100.00

Hustwick-Knight Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Related party transactions

Directors’ loan
The directors provided the company with a loan on which no interest was charged.