The Derwent Hunt Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05991374 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2021

for

The Derwent Hunt Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mark Singelton Evans

Sarah Ann Morley

Robert Arthur Hallifax Sword

John Francis Watson Swiers

Edward Albert Wrightson Hardwick

Secretary:

Sarah Ann Morley

Registered office:

Westfields Farm

Westfield Lane

Thornton Dale

Pickering

North Yorkshire

YO18 7SJ

Registered number:

05991374 (England and Wales)

Accountants:

Ashby Berry Coulsons

2 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

Fixed assets

Tangible assets

4

4,323

5,672

Current assets

Stocks

783

997

Debtors

5

11,494

6,709

Cash at bank

123,204

121,613

135,481

129,319

Creditors

Amounts falling due within one year

6

3,276

4,429

Net current assets

132,205

124,890

Total assets less current liabilities

136,528

130,562

Reserves

Other reserves

41,076

41,076

Income and expenditure account

95,452

89,486

136,528

130,562

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 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 surplus or deficit 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 6 October 2021 and were signed on its behalf by:

John Francis Watson Swiers - Director

1.	Statutory information

The Derwent Hunt Limited is a private company, limited by guarantee , 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.

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 NIL (2020 - NIL).

4.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 May 2020

and 30 April 2021

9,521

3,250

12,771

Depreciation

At 1 May 2020

6,287

812

7,099

Charge for year

537

812

1,349

At 30 April 2021

6,824

1,624

8,448

Net book value

At 30 April 2021

2,697

1,626

4,323

At 30 April 2020

3,234

2,438

5,672

5.

Debtors: amounts falling due within one year

2021

2020

£

£

Other debtors

7,435

3,100

Prepayments

4,059

3,609

11,494

6,709

6.

Creditors: amounts falling due within one year

2021

2020

£

£

Tax

540

855

Accruals and deferred income

2,736

3,574

3,276

4,429

7.	Limited by guarantee

The Derwent Hunt Limited is a company limited by guarantee and as such has no share capital.