Company Registration No. 12124264 (England and Wales)
Hupville Homes Ltd
Unaudited accounts
for the year ended 31 July 2025
Hupville Homes Ltd
Unaudited accounts
Contents
Hupville Homes Ltd
Company Information
for the year ended 31 July 2025
Company Number
12124264 (England and Wales)
Registered Office
9 Penshurst Mews
Norwich
NR4 6JJ
ENGLAND
Accountants
Sarah Goddard Limited
Saracen's House Business Centre
25 St Margaret's Green
Ipswich
Suffolk
IP4 2BN
Hupville Homes Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
1,879
2,187
Investment property
756,765
755,001
Cash at bank and in hand
4,161
5,520
Creditors: amounts falling due within one year
(84,498)
(87,122)
Net current assets
10,390
26,527
Total assets less current liabilities
769,034
783,715
Creditors: amounts falling due after more than one year
(570,466)
(574,841)
Provisions for liabilities
Deferred tax
(42,370)
(42,370)
Net assets
156,198
166,504
Called up share capital
100
100
Fair value reserve
194,536
194,536
Profit and loss account
(38,438)
(28,132)
Shareholders' funds
156,198
166,504
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2026 and were signed on its behalf by
James Hupton
Director
Company Registration No. 12124264
Hupville Homes Ltd
Notes to the Accounts
for the year ended 31 July 2025
Hupville Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 12124264. The registered office is 9 Penshurst Mews, Norwich, NR4 6JJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight line
Hupville Homes Ltd
Notes to the Accounts
for the year ended 31 July 2025
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
100
2,200
1,468
3,768
At 31 July 2025
100
2,200
1,788
4,088
At 1 August 2024
77
550
954
1,581
Charge for the year
6
413
209
628
At 31 July 2025
83
963
1,163
2,209
At 31 July 2025
17
1,237
625
1,879
At 31 July 2024
23
1,650
514
2,187
Fair value at 1 August 2024
755,001
The investment properties were valued at 31 July 2023 by the director, Mr J Hupton by comparison to similar properties in the same areas and he considers that the values have not fundamentally changed since that date. The historical cost of the investment properties was £562,229 (2024: £560.465).
Amounts falling due within one year
Amounts due from group undertakings etc.
89,895
93,471
Accrued income and prepayments
799
966
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,375
4,375
Amounts owed to group undertakings and other participating interests
2,548
2,548
Other creditors
23,079
13,661
Loans from directors
53,526
65,788
The mortgages are subject to fixed charges over the investment properties to which they relate.
The directors have provided personal guarantees for the mortgages.
Hupville Homes Ltd
Notes to the Accounts
for the year ended 31 July 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
570,466
574,841
Aggregate of amounts that fall due for payment after five years
569,737
569,737
The mortgages are subject to fixed charges over the investment properties to which they relate.
The directors have provided personal guarantees for the mortgages.
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Deferred taxation
2025
2024
Revaluation of investment property
42,370
42,370
Provision at start of year
42,370
42,370
Provision at end of year
42,370
42,370
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
At the year-end, the company owed £2,548 (2024: owed £2,548) to Hupton and Willcock Limited, a company in which the director, Mr James Hupton, is a director and shareholder.
At the year-end, the company was owed £29,501 (2024: was owed £54,683) by ZHW Limited, a company in which Hupville Homes Ltd has a 33.3% shareholding.
At the year-end, the company was owed £49,144 (2024: was owed £38,788) by Brandlord Ltd, a company in which the director, Mr James Hupton, is a director and shareholder.
At the year-end, the company was owed £11,250 (2024: £Nil) by Broadside Homes Ltd, a company in which the director, Mr James Hupton, is a director and shareholder.
The company is controlled by Mr J Hupton and Miss K Glenville by virtue of their shareholdings.
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Average number of employees
During the year the average number of employees was 2 (2024: 2).