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REGISTERED NUMBER: 09414734 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Holmes And Family Ltd

Holmes And Family Ltd (Registered number: 09414734)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Holmes And Family Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr O Holmes
Mrs K Holmes
Mr D L Holmes



SECRETARY:



REGISTERED OFFICE: 16c Sandown Road
Lake
Isle of Wight
PO36 9JP



REGISTERED NUMBER: 09414734 (England and Wales)



ACCOUNTANTS: Allegri & Co.
16c Sandown Road
Lake
Isle of Wight
PO36 9JP



BANKERS: HSBC
101 St.James Street
Newport
Isle of Wight
PO30 1HX

Holmes And Family Ltd (Registered number: 09414734)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,000 11,000
Tangible assets 5 291,631 303,337
302,631 314,337

CURRENT ASSETS
Debtors 6 196,372 85,658
Cash at bank and in hand 141,892 193,116
338,264 278,774
CREDITORS
Amounts falling due within one year 7 350,239 400,784
NET CURRENT LIABILITIES (11,975 ) (122,010 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

290,656

192,327

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 290,556 192,227
SHAREHOLDERS' FUNDS 290,656 192,327

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 20 October 2023 and were signed on its behalf by:




Mr D L Holmes - Director


Holmes And Family Ltd (Registered number: 09414734)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Holmes And Family 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.

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.
Plant and machinery etc - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 11,000
NET BOOK VALUE
At 31 January 2023 11,000
At 31 January 2022 11,000

Holmes And Family Ltd (Registered number: 09414734)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 5,045 662,735 667,780
Additions - 97,899 97,899
Disposals - (60,970 ) (60,970 )
At 31 January 2023 5,045 699,664 704,709
DEPRECIATION
At 1 February 2022 - 364,443 364,443
Charge for year - 83,426 83,426
Eliminated on disposal - (34,791 ) (34,791 )
At 31 January 2023 - 413,078 413,078
NET BOOK VALUE
At 31 January 2023 5,045 286,586 291,631
At 31 January 2022 5,045 298,292 303,337

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 88,672 77,958
Other debtors 107,700 7,700
196,372 85,658

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Hire purchase contracts 216,281 250,268
Taxation and social security 77,642 78,882
Other creditors 56,316 71,634
350,239 400,784

Holmes And Family Ltd (Registered number: 09414734)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
Mr D L Holmes
Balance outstanding at start of year - -
Amounts advanced 200,000 -
Amounts repaid (100,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 100,000 -