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REGISTERED NUMBER: 10807965 (England and Wales)















HOLBROOK BALL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOLBROOK BALL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mrs S I Holbrook





REGISTERED OFFICE: 15 High Street
Brackley
Northamptonshire
NN13 7DH





REGISTERED NUMBER: 10807965 (England and Wales)





ACCOUNTANTS: Blencowes
15 High Street
Brackley
Northamptonshire
NN13 7DH

HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,130 15,166
Investment property 5 622,870 460,000
628,000 475,166

CURRENT ASSETS
Debtors 6 7,571 681
Cash at bank 20,733 68,228
28,304 68,909
CREDITORS
Amounts falling due within one year 7 31,455 21,584
NET CURRENT (LIABILITIES)/ASSETS (3,151 ) 47,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

624,849

522,491

CREDITORS
Amounts falling due after more than one
year

8

(292,876

)

(467,698

)

PROVISIONS FOR LIABILITIES (18,469 ) (20,375 )
NET ASSETS 313,504 34,418

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 92,073 92,073
Retained earnings 221,331 (57,755 )
SHAREHOLDERS' FUNDS 313,504 34,418

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)

BALANCE SHEET - continued
31 MARCH 2023


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 13 November 2023 and were signed by:





Mrs S I Holbrook - Director


HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Holbrook Ball 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

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 - 20% on cost
Fixtures and fittings - 20% on cost

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 taxation
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.

Debtors and creditors receivable / payable within one year
Debtors and Creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price . Any losses arising frim impairment are recognised in the profit and loss account in the other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 40,341 25,226 65,567
DEPRECIATION
At 1 April 2022 30,886 19,515 50,401
Charge for year 6,005 4,031 10,036
At 31 March 2023 36,891 23,546 60,437
NET BOOK VALUE
At 31 March 2023 3,450 1,680 5,130
At 31 March 2022 9,455 5,711 15,166

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 460,000
Additions 162,870
At 31 March 2023 622,870
NET BOOK VALUE
At 31 March 2023 622,870
At 31 March 2022 460,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2021 80,000
Valuation in 2022 12,073
Cost 530,797
622,870

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT - 491
Prepayments and accrued income 7,571 190
7,571 681

HOLBROOK BALL LIMITED (REGISTERED NUMBER: 10807965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 14,000 14,000
Trade creditors 8,132 -
Tax - 2
VAT 1,662 -
Other creditors 6,000 6,000
Directors' current accounts 261 212
Accruals and deferred income 1,400 1,370
31,455 21,584

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 14,000 14,000
Bank loans - 2-5 years 42,000 42,000
Bank loans more 5 yr by instal 236,876 141,574
Amts Owed to related undertaki - 270,124
292,876 467,698

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 236,876 141,574

9. RESERVES
Fair
value
reserve
£   
At 1 April 2022
and 31 March 2023 92,073