Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr K Holman 15 March 2024 The principal activity of the company during the financial year was cob building and contracting work and consultancy. 08433549 2023-03-31 08433549 2022-03-31 08433549 core:CurrentFinancialInstruments 2023-03-31 08433549 core:CurrentFinancialInstruments 2022-03-31 08433549 core:ShareCapital 2023-03-31 08433549 core:ShareCapital 2022-03-31 08433549 core:RetainedEarningsAccumulatedLosses 2023-03-31 08433549 core:RetainedEarningsAccumulatedLosses 2022-03-31 08433549 core:OtherResidualIntangibleAssets 2022-03-31 08433549 core:OtherResidualIntangibleAssets 2023-03-31 08433549 core:PlantMachinery 2022-03-31 08433549 core:Vehicles 2022-03-31 08433549 core:FurnitureFittings 2022-03-31 08433549 core:OfficeEquipment 2022-03-31 08433549 core:PlantMachinery 2023-03-31 08433549 core:Vehicles 2023-03-31 08433549 core:FurnitureFittings 2023-03-31 08433549 core:OfficeEquipment 2023-03-31 08433549 core:CurrentFinancialInstruments 1 2023-03-31 08433549 core:CurrentFinancialInstruments 1 2022-03-31 08433549 bus:OrdinaryShareClass1 2023-03-31 08433549 2022-04-01 2023-03-31 08433549 bus:FullAccounts 2022-04-01 2023-03-31 08433549 bus:SmallEntities 2022-04-01 2023-03-31 08433549 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08433549 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08433549 bus:Director1 2022-04-01 2023-03-31 08433549 core:OtherResidualIntangibleAssets core:TopRangeValue 2022-04-01 2023-03-31 08433549 core:PlantMachinery 2022-04-01 2023-03-31 08433549 core:Vehicles 2022-04-01 2023-03-31 08433549 core:FurnitureFittings 2022-04-01 2023-03-31 08433549 core:OfficeEquipment 2022-04-01 2023-03-31 08433549 2021-04-01 2022-03-31 08433549 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 08433549 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08433549 (England and Wales)

HOLMAN AND CO LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

HOLMAN AND CO LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

HOLMAN AND CO LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
HOLMAN AND CO LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTOR Mr K Holman
REGISTERED OFFICE Centenary House
Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
COMPANY NUMBER 08433549 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
HOLMAN AND CO LIMITED

BALANCE SHEET

As at 31 March 2023
HOLMAN AND CO LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 4 3,289 4,332
3,289 4,332
Current assets
Debtors 5 57,739 53,929
Cash at bank and in hand 267 675
58,006 54,604
Creditors: amounts falling due within one year 6 ( 35,382) ( 33,462)
Net current assets 22,624 21,142
Total assets less current liabilities 25,913 25,474
Provision for liabilities ( 600) ( 800)
Net assets 25,313 24,674
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 25,213 24,574
Total shareholders' funds 25,313 24,674

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Holman and Co Limited (registered number: 08433549) were approved and authorised for issue by the Director on 15 March 2024. They were signed on its behalf by:

Mr K Holman
Director
HOLMAN AND CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
HOLMAN AND CO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Holman and Co Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in . The address of the Company's registered office is Centenary House Peninsula Park, Rydon Ln, Exeter EX2 7XE. The principal place of business is 4 Town Farm Close, Honiton, Devon, EX14 1YA.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets 5 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 25 % reducing balance
Fixtures and fittings 20 % reducing balance
Office equipment 33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 April 2022 480 480
At 31 March 2023 480 480
Accumulated amortisation
At 01 April 2022 480 480
At 31 March 2023 480 480
Net book value
At 31 March 2023 0 0
At 31 March 2022 0 0

4. Tangible assets

Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £
Cost
At 01 April 2022 3,366 13,677 571 424 18,038
At 31 March 2023 3,366 13,677 571 424 18,038
Accumulated depreciation
At 01 April 2022 2,524 10,205 571 406 13,706
Charge for the financial year 169 868 0 6 1,043
At 31 March 2023 2,693 11,073 571 412 14,749
Net book value
At 31 March 2023 673 2,604 0 12 3,289
At 31 March 2022 842 3,472 0 18 4,332

5. Debtors

2023 2022
£ £
Trade debtors 0 3,772
Other debtors 57,739 50,157
57,739 53,929

6. Creditors: amounts falling due within one year

2023 2022
£ £
Bank overdrafts 0 815
Trade creditors 3,675 2,353
Accruals 2,100 2,100
CIS withheld 10,565 10,565
Taxation and social security 19,042 17,629
35,382 33,462

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Related party transactions

Transactions with the entity's director

2023 2022
£ £
Advances to director at 1 April 2022 37,871 30,111
Advances to director during the year 7,333 13,974
Repayments by director during the year (4,370) (6,214)
Interest charged 2,705 0
Advances to director at 31 March 2023 43,539 37,871

The above loan is unsecured and repayable on demand. The interest rate charged is in line with actual official rates of interest.