REGISTERED NUMBER: 04069075 (England and Wales)

VELTAHUNTER LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Waters

A P Waters

SECRETARY:

S J Waters

REGISTERED OFFICE:

The Old Foundry Yard

Pontymoile

Pontypool

Torfaen

NP4 8AN

REGISTERED NUMBER:

04069075 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Investment property

4

1,512,622

1,504,622

CURRENT ASSETS

Debtors

5

3,337

2,729

Cash at bank

19,869

7,295

23,206

10,024

CREDITORS

Amounts falling due within one year

6

220,683

248,612

NET CURRENT LIABILITIES

(197,477

)

(238,588

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,315,145

1,266,034

CREDITORS

Amounts falling due after more than one year

7

(106,527

)

(132,651

)

PROVISIONS FOR LIABILITIES

(133,307

)

(131,307

)

NET ASSETS

1,075,311

1,002,076

CAPITAL AND RESERVES

Called up share capital

8

2

1

Revaluation reserve

9

541,064

535,064

Retained earnings

534,245

467,011

SHAREHOLDERS' FUNDS

1,075,311

1,002,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th July 2026 and were signed on its behalf by:

A P Waters - Director

1.	STATUTORY INFORMATION

Veltahunter Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

1,504,622

Revaluations

8,000

At 31st March 2026

1,512,622

NET BOOK VALUE

At 31st March 2026

1,512,622

At 31st March 2025

1,504,622

Fair value at 31st March 2026 is represented by:

£

Valuation in 2003

141,144

Valuation in 2025

525,226

Valuation in 2026

8,000

Cost

838,252

1,512,622

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments

3,337

2,729

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

24,158

24,158

Corporation Tax

21,690

22,492

Other creditors

136,100

165,100

Directors' current accounts

15,613

13,542

Accruals and deferred income

23,122

23,320

220,683

248,612

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

40,882

67,006

Other creditors > 1 yr

65,645

65,645

106,527

132,651

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

NIL

Ordinary

£1

-

1

1

Ordinary A

£1

1

-

1

Ordinary B

£1

1

-

2

1

The following shares were issued during the year for cash at par :

1 Ordinary B share of £1

9.

RESERVES

Revaluation

reserve

£

At 1st April 2025

535,064

Revaluation reserve

6,000

At 31st March 2026

541,064

10.	RELATED PARTY DISCLOSURES

The company had an outstanding loan balance at the year end due to related parties of £131,860 (2025:£160,860).