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REGISTERED NUMBER: 09624391 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

HOLBORN WASTE 2015 LIMITED

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


HOLBORN WASTE 2015 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







Directors: K S Flora
G S Flora
Mr A S Flora
Mrs G K Flora





Registered office: 337 Lichfield Road
Aston
Birmingham
B6 7ST





Registered number: 09624391 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 354,536 425,606

CURRENT ASSETS
Debtors 5 196,440 160,874
Cash at bank and in hand 190,691 240,351
387,131 401,225
CREDITORS
Amounts falling due within one year 6 97,318 123,400
NET CURRENT ASSETS 289,813 277,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,349

703,431

CREDITORS
Amounts falling due after more than one year 7 (26,961 ) (82,333 )

PROVISIONS FOR LIABILITIES (67,362 ) (78,852 )
NET ASSETS 550,026 542,246

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 549,926 542,146
550,026 542,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by:





G S Flora - Director


HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Holborn Waste 2015 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 July 2022 594,069 47,679 4,229 645,977
Additions 92,618 - - 92,618
Disposals (120,000 ) - - (120,000 )
At 30 June 2023 566,687 47,679 4,229 618,595
Depreciation
At 1 July 2022 192,608 24,987 2,776 220,371
Charge for year 65,350 5,673 865 71,888
Eliminated on disposal (28,200 ) - - (28,200 )
At 30 June 2023 229,758 30,660 3,641 264,059
Net book value
At 30 June 2023 336,929 17,019 588 354,536
At 30 June 2022 401,461 22,692 1,453 425,606

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
Cost
At 1 July 2022 206,992
Additions 19,119
Disposals (120,000 )
At 30 June 2023 106,111
Depreciation
At 1 July 2022 33,822
Charge for year 21,831
Eliminated on disposal (28,200 )
At 30 June 2023 27,453
Net book value
At 30 June 2023 78,658
At 30 June 2022 173,170

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 72,601 71,352
Other debtors 123,839 89,522
196,440 160,874

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,333 8,333
Hire purchase contracts 7,060 48,122
Trade creditors 14,518 17,767
Taxation and social security 65,689 43,720
Other creditors 1,718 5,458
97,318 123,400

HOLBORN WASTE 2015 LIMITED (REGISTERED NUMBER: 09624391)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 21,666 31,666
Hire purchase contracts 5,295 50,667
26,961 82,333