Hunters Estate and Property Management - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02611880 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

FOR

HUNTERS ESTATE AND PROPERTY

MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Clayson

SECRETARY:

J M Clayson

REGISTERED OFFICE:

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

REGISTERED NUMBER:

02611880 (England and Wales)

ACCOUNTANTS:

Xynamo 5 Ltd

Chartered Accountants

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

18,483

2,318

Investment property

6

7

7

18,490

2,325

CURRENT ASSETS

Debtors

7

380,977

267,898

Cash at bank

70,593

93,898

451,570

361,796

CREDITORS

Amounts falling due within one year

8

59,686

88,816

NET CURRENT ASSETS

391,884

272,980

TOTAL ASSETS LESS CURRENT LIABILITIES

410,374

275,305

CREDITORS

Amounts falling due after more than one year

9

65,226

45,260

NET ASSETS

345,148

230,045

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

345,048

229,945

345,148

230,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 March 2022 and were signed by:

J M Clayson - Director

1.	STATUTORY INFORMATION

Hunters Estate and Property Management Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 9 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2020

and 30 June 2021

109,867

AMORTISATION

At 1 July 2020

and 30 June 2021

109,867

NET BOOK VALUE

At 30 June 2021

-

At 30 June 2020

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2020

7,882

Additions

20,447

At 30 June 2021

28,329

DEPRECIATION

At 1 July 2020

5,564

Charge for year

4,282

At 30 June 2021

9,846

NET BOOK VALUE

At 30 June 2021

18,483

At 30 June 2020

2,318

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2020

and 30 June 2021

7

NET BOOK VALUE

At 30 June 2021

7

At 30 June 2020

7

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

3,792

4,812

Other debtors

377,185

263,086

380,977

267,898

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

-

15,969

Trade creditors

1,347

20,877

Taxation and social security

52,068

49,888

Other creditors

6,271

2,082

59,686

88,816

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

49,000

50,000

Other creditors

16,226

(4,740

)

65,226

45,260