Hurst Gate Homes Limited - Filleted accounts

Hurst Gate Homes Limited
Registered number:		11731903
Statement of Financial Position
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		299,689			310,695
Financial assets			167			67
			299,856			310,762

Current assets
Debtors	5	383,151			329,151
Cash at bank and in hand		1,158			3
		384,309			329,154

Creditors: amounts falling due within one year	6	(652,230)			(598,449)

Net current liabilities			(267,921)			(269,295)

Total assets less current liabilities			31,935			41,467

Creditors: amounts falling due after more than one year	7		(999)			(18,453)

Provisions for liabilities			(131)			(2,222)


Net assets			30,805			20,792

Capital and reserves
Called up share capital			100			100
Profit and loss account			30,705			20,692

Shareholders' funds			30,805			20,792

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




LRR Jobson
Director
Approved by the board on 4 September 2026

Hurst Gate Homes Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Investment properties
	Investment properties are carried at fair value, derived from current market prices for comparable properties determined annually. Changes in fair value/impairment losses are included in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Changes in fair value/Impairment losses are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Exceptional items					2025		2024
£							£

	Value adjustments on fixed assets and current asset investments					-		(5,945)
						-		(5,945)


3	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					2		2


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	299,000		1,757		25,543		326,300
	Disposals	-		-		(25,543)		(25,543)
	At 31 December 2025	299,000		1,757		-		300,757

	Depreciation
	At 1 January 2025	-		838		14,767		15,605
	Charge for the year	-		230		-		230
	On disposals	-		-		(14,767)		(14,767)
	At 31 December 2025	-		1,068		-		1,068

	Net book value
	At 31 December 2025	299,000		689		-		299,689
	At 31 December 2024	299,000		919		10,776		310,695


5	Debtors					2025		2024
£							£

	Trade debtors					114		114
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					382,287		328,287
	Other debtors					750		750
						383,151		329,151


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,294		10,293
	Obligations under finance lease and hire purchase contracts					-		3,304
	Trade creditors					-		298
	Accruals					1,692		1,625
	Other taxes and social security costs					30,271		28,508
	Other creditors					609,973		554,421
						652,230		598,449


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					999		6,124
	Obligations under finance lease and hire purchase contracts					-		12,329
						999		18,453



9	Other information

	Hurst Gate Homes Limited is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY