IRIS Accounts Production v23.4.0.336 05408277 director 1.7.22 30.6.23 30.6.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054082772022-06-30054082772023-06-30054082772022-07-012023-06-30054082772021-06-30054082772021-07-012022-06-30054082772022-06-3005408277ns15:EnglandWales2022-07-012023-06-3005408277ns14:PoundSterling2022-07-012023-06-3005408277ns10:Director12022-07-012023-06-3005408277ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3005408277ns10:SmallEntities2022-07-012023-06-3005408277ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3005408277ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3005408277ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3005408277ns10:FullAccounts2022-07-012023-06-300540827712022-07-012023-06-3005408277ns10:CompanySecretary12022-07-012023-06-3005408277ns10:RegisteredOffice2022-07-012023-06-3005408277ns5:CurrentFinancialInstruments2023-06-3005408277ns5:CurrentFinancialInstruments2022-06-3005408277ns5:Non-currentFinancialInstruments2023-06-3005408277ns5:Non-currentFinancialInstruments2022-06-3005408277ns5:ShareCapital2023-06-3005408277ns5:ShareCapital2022-06-3005408277ns5:RetainedEarningsAccumulatedLosses2023-06-3005408277ns5:RetainedEarningsAccumulatedLosses2022-06-3005408277ns5:NetGoodwill2022-07-012023-06-3005408277ns5:PlantMachinery2022-07-012023-06-3005408277ns5:NetGoodwill2022-06-3005408277ns5:NetGoodwill2023-06-3005408277ns5:NetGoodwill2022-06-3005408277ns5:PlantMachinery2022-06-3005408277ns5:PlantMachinery2023-06-3005408277ns5:PlantMachinery2022-06-3005408277ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3005408277ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30
REGISTERED NUMBER: 05408277 (England and Wales)









Unaudited Financial Statements

For The Year Ended 30 June 2023

for

Hollis and Co Limited

Hollis and Co Limited (Registered number: 05408277)






Contents of the Financial Statements
For The Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Hollis and Co Limited

Company Information
For The Year Ended 30 June 2023







DIRECTOR: P J Hollis





SECRETARY: J D Hollis





REGISTERED OFFICE: 35 Wilkinson Street
Sheffield
S10 2GB





REGISTERED NUMBER: 05408277 (England and Wales)






Hollis and Co Limited (Registered number: 05408277)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,956 1,841
11,956 1,841

CURRENT ASSETS
Stocks 30,529 30,529
Debtors 6 839,309 795,389
Cash at bank 2,294,015 1,954,672
3,163,853 2,780,590
CREDITORS
Amounts falling due within one year 7 400,662 353,705
NET CURRENT ASSETS 2,763,191 2,426,885
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,775,147

2,428,726

CREDITORS
Amounts falling due after more than one
year

8

434,723

451,198
NET ASSETS 2,340,424 1,977,528

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,340,324 1,977,428
SHAREHOLDERS' FUNDS 2,340,424 1,977,528

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 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.

Hollis and Co Limited (Registered number: 05408277)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2024 and were signed by:





P J Hollis - Director


Hollis and Co Limited (Registered number: 05408277)

Notes to the Financial Statements
For The Year Ended 30 June 2023

1. STATUTORY INFORMATION

Hollis and Co 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.

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 2005, is being amortised evenly over its estimated useful life of ten years.

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 - Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Hollis and Co Limited (Registered number: 05408277)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all material 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 586,600
AMORTISATION
At 1 July 2022
and 30 June 2023 586,600
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

Hollis and Co Limited (Registered number: 05408277)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 72,738
Additions 13,986
At 30 June 2023 86,724
DEPRECIATION
At 1 July 2022 70,897
Charge for year 3,871
At 30 June 2023 74,768
NET BOOK VALUE
At 30 June 2023 11,956
At 30 June 2022 1,841

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 822,152 776,981
Prepayments and accrued income 17,157 18,408
839,309 795,389

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,858 9,004
Social security and other taxes 276,925 276,897
Accruals and deferred income 110,879 67,804
400,662 353,705

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Director's loan account 346,196 356,177
Company secretary's loan account 88,527 95,021
434,723 451,198