Defined Holdings Ltd 14263630 false 2022-07-29 2023-06-30 2023-06-30 The principal activity of the company is Property Rental Digita Accounts Production Advanced 6.30.9574.0 true true 14263630 2022-07-29 2023-06-30 14263630 2023-06-30 14263630 bus:Director1 2023-06-30 14263630 bus:Director2 2023-06-30 14263630 bus:OrdinaryShareClass1 2023-06-30 14263630 core:RetainedEarningsAccumulatedLosses 2023-06-30 14263630 core:ShareCapital 2023-06-30 14263630 core:CurrentFinancialInstruments 2023-06-30 14263630 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14263630 core:LandBuildings 2023-06-30 14263630 bus:SmallEntities 2022-07-29 2023-06-30 14263630 bus:AuditExemptWithAccountantsReport 2022-07-29 2023-06-30 14263630 bus:FullAccounts 2022-07-29 2023-06-30 14263630 bus:SmallCompaniesRegimeForAccounts 2022-07-29 2023-06-30 14263630 bus:RegisteredOffice 2022-07-29 2023-06-30 14263630 bus:Director1 2022-07-29 2023-06-30 14263630 bus:Director2 2022-07-29 2023-06-30 14263630 bus:OrdinaryShareClass1 2022-07-29 2023-06-30 14263630 bus:PrivateLimitedCompanyLtd 2022-07-29 2023-06-30 14263630 bus:Agent1 2022-07-29 2023-06-30 14263630 core:RetainedEarningsAccumulatedLosses 2022-07-29 2023-06-30 14263630 core:ShareCapital 2022-07-29 2023-06-30 14263630 core:LandBuildings 2022-07-29 2023-06-30 14263630 countries:England 2022-07-29 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14263630

Defined Holdings Ltd

Unaudited Filleted Financial Statements

for the Period from 29 July 2022 to 30 June 2023

 

Defined Holdings Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Unaudited Financial Statements

6 to 8

 

Defined Holdings Ltd

Company Information

Directors

Mr Dominic Maher

Mr Richard Hood

Registered office

1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

Accountants

Brian Nuttgens Accountants Ltd
Chartered Certified Accountants
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

 

Defined Holdings Ltd

Directors' Report for the Period from 29 July 2022 to 30 June 2023

The directors present their report and the financial statements for the period from 29 July 2022 to 30 June 2023.

Incorporation

The company was incorporated on 29 July 2022.

Directors of the company

The directors who held office during the period were as follows:

Mr Dominic Maher (appointed 29 July 2022)

Mr Richard Hood (appointed 29 July 2022)

Principal activity

The principal activity of the company is Property Rental

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 20 October 2023 and signed on its behalf by:
 

.........................................
Mr Richard Hood
Director

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Defined Holdings Ltd
for the Period Ended 30 June 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Defined Holdings Ltd for the period ended 30 June 2023 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Defined Holdings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of the Company and state those matters that we have agreed to state to the Board of Directors of the Company, as a body, in this report in accordance with
the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet
-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Defined Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of the Company. You consider that Defined Holdings Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Brian Nuttgens Accountants Ltd
Chartered Certified Accountants
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

20 October 2023

 

Defined Holdings Ltd

(Registration number: 14263630)
Balance Sheet as at 30 June 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

426,980

Current assets

 

Debtors

5

100

Cash at bank and in hand

 

822,145

 

822,245

Creditors: Amounts falling due within one year

6

(1,254,399)

Net current liabilities

 

(432,154)

Net liabilities

 

(5,174)

Capital and reserves

 

Called up share capital

7

100

Retained earnings

(5,274)

Shareholders' deficit

 

(5,174)

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 October 2023 and signed on its behalf by:
 

.........................................
Mr Richard Hood
Director

 

Defined Holdings Ltd

Statement of Changes in Equity for the Period from 29 July 2022 to 30 June 2023

Share capital
£

Retained earnings
£

Total
£

Loss for the period

-

(5,274)

(5,274)

New share capital subscribed

100

-

100

At 30 June 2023

100

(5,274)

(5,174)

 

Defined Holdings Ltd

Notes to the Unaudited Financial Statements for the Period from 29 July 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

These financial statements were authorised for issue by the Board on 20 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Defined Holdings Ltd

Notes to the Unaudited Financial Statements for the Period from 29 July 2022 to 30 June 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Defined Holdings Ltd

Notes to the Unaudited Financial Statements for the Period from 29 July 2022 to 30 June 2023

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

426,980

426,980

At 30 June 2023

426,980

426,980

Depreciation

Carrying amount

At 30 June 2023

426,980

426,980

Included within the net book value of land and buildings above is £426,980 in respect of freehold land and buildings.
 

5

Debtors

Current

2023
£

Other debtors

100

6

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Other creditors

1,254,399

7

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

100

100