Johnson Hunt (UK) Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02686256 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Johnson Hunt (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J N White

L Booth

C B Hunt

SECRETARY:

C B Hunt

REGISTERED OFFICE:

16 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

REGISTERED NUMBER:

02686256 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

290,000

Investments

5

15,201

165,093

15,201

455,093

CURRENT ASSETS

Cash at bank

-

5,874

CREDITORS

Amounts falling due within one year

6

4,102

9,279

NET CURRENT LIABILITIES

(4,102

)

(3,405

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,099

451,688

CAPITAL AND RESERVES

Called up share capital

3,004

3,004

Revaluation reserve

7

(212,814

)

(62,922

)

Retained earnings

220,909

511,606

SHAREHOLDERS' FUNDS

11,099

451,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by:

L Booth - Director

1.	STATUTORY INFORMATION

Johnson Hunt (UK) 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2022

and 30 April 2023

870,000

AMORTISATION

At 1 May 2022

580,000

Charge for year

290,000

At 30 April 2023

870,000

NET BOOK VALUE

At 30 April 2023

-

At 30 April 2022

290,000

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 May 2022

165,093

Impairments

(149,892

)

At 30 April 2023

15,201

NET BOOK VALUE

At 30 April 2023

15,201

At 30 April 2022

165,093

Cost or valuation at 30 April 2023 is represented by:

Shares in

group

undertakings

£

Valuation in 2021

52,964

Valuation in 2022

(115,886

)

Valuation in 2023

(149,892

)

Cost

228,015

15,201

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Other creditors

4,102

9,279

7.

RESERVES

Revaluation

reserve

£

At 1 May 2022

(62,922

)

Revaluation of shares in group

(149,892

)

At 30 April 2023

(212,814

)