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REGISTERED NUMBER: 07413311















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

M Hollobone & Son Limited

M Hollobone & Son Limited (Registered number: 07413311)






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


M Hollobone & Son Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr Mark Hollobone





SECRETARY: Stones Book Keeping Services (Sussex) Limited





REGISTERED OFFICE: 398 Coast Road
Coast Road
Pevensey Bay
East Sussex
BN24 6NY





REGISTERED NUMBER: 07413311






M Hollobone & Son Limited (Registered number: 07413311)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,139 3,616
36,139 3,616

CURRENT ASSETS
Debtors 6 109,640 89,781
Cash at bank and in hand 5,738 500
115,378 90,281
CREDITORS
Amounts falling due within one year 7 68,782 48,020
NET CURRENT ASSETS 46,596 42,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,735

45,877

CREDITORS
Amounts falling due after more than
one year

8

57,337

41,126
NET ASSETS 25,398 4,751

CAPITAL AND RESERVES
Called up share capital 135 135
Retained earnings 25,263 4,616
SHAREHOLDERS' FUNDS 25,398 4,751

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 his 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.

M Hollobone & Son Limited (Registered number: 07413311)

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 21 November 2023 and were signed by:





Mr Mark Hollobone - Director


M Hollobone & Son Limited (Registered number: 07413311)

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

1. STATUTORY INFORMATION

M Hollobone & Son Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% 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 3 (2022 - 2 ) .

M Hollobone & Son Limited (Registered number: 07413311)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 5,000
AMORTISATION
At 1 April 2022
and 31 March 2023 5,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022 1,959 14,777 6,000 22,736
Additions - 3,559 36,500 40,059
At 31 March 2023 1,959 18,336 42,500 62,795
DEPRECIATION
At 1 April 2022 1,789 11,847 5,484 19,120
Charge for year 35 1,298 6,203 7,536
At 31 March 2023 1,824 13,145 11,687 26,656
NET BOOK VALUE
At 31 March 2023 135 5,191 30,813 36,139
At 31 March 2022 170 2,930 516 3,616

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 41,194 30,533
VAT 5,143 1,407
Prepayments and accrued income 8,225 1,942
Prepayments 55,078 55,899
109,640 89,781

M Hollobone & Son Limited (Registered number: 07413311)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts - 18,115
Tax 47,907 26,514
Social security and other taxes 8 -
Directors' loan accounts 17,394 359
Accrued expenses 3,473 3,032
68,782 48,020

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans - 2-5 years 32,350 41,126
Other loans - 1-2 years 24,987 -
57,337 41,126

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors loan account shown on the balance sheet was owed to Mr Hollobone the sole director of the company, no interest was charged for this loan. The loan is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Mark Hollobone.