Holly Bank Construction Ltd |
Registered Number:07751274 |
For the year ended 31 August 2023
England and Wales
Unaudited Financial Statements
Holly Bank Construction Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
7,300
9,280
2
7,300
9,280
Trade and other receivables |
39,492
47,118
3
4,297
Cash and cash equivalents |
2,607
49,725
43,789
Trade and other payables: amounts falling due within one |
year |
(18,724)
(27,478)
4
25,065
22,247
Net current assets
Total assets less current liabilities |
29,547
34,345
Trade and other payables: amounts falling due after more |
than one year |
(27,500)
(17,500)
5
12,047
Net assets
6,845
5
5
12,042
6,840
12,047
6,845
Shareholders' funds
For the year ended 31 August 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 02 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2023
Holly Bank Construction Ltd
Notes to the Financial Statements
Statutory Information
Holly Bank Construction Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 07751274. |
9 Back Charles Street
Crosland Moor
Huddersfield
HD4 5RW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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For the year ended 31 August 2023
Holly Bank Construction Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
39,951
27,515
12,436
12,436
27,515
39,951
Provision for depreciation and impairment |
30,671
21,890
8,781
Charge for year
1,980
1,425
555
32,651
23,315
9,336
3,100
4,200
7,300
3,655
5,625
9,280
3. Trade and other receivables |
2022
2023
Prepayments and accrued income |
1,673
1,425
Amounts owed by directors |
1,019
-
Taxation and social security |
9,926
3,567
34,500
34,500
39,492
47,118
4. Trade and other payables: amounts falling due within one year |
2022
2023
10,000
10,000
14,883
5,204
Taxation and social security |
684
778
Accruals and deferred income |
1,911
1,861
-
881
27,478
18,724
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For the year ended 31 August 2023
Holly Bank Construction Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
17,500
27,500
6. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
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