Access Holdings Limited 06570582 true 2022-06-01 2023-05-31 2023-05-31 The principal activity of the company is dormant company Digita Accounts Production Advanced 6.30.9574.0 true Mr JW Wright Mr JC Suart false true true true true 06570582 2022-06-01 2023-05-31 06570582 2023-05-31 06570582 bus:OrdinaryShareClass1 2023-05-31 06570582 core:ShareCapital 2023-05-31 06570582 core:CurrentFinancialInstruments 2023-05-31 06570582 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 06570582 core:AdditionsToInvestments 2023-05-31 06570582 core:CostValuation 2023-05-31 06570582 bus:FRS102 2022-06-01 2023-05-31 06570582 bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 06570582 bus:FullAccounts 2022-06-01 2023-05-31 06570582 bus:RegisteredOffice 2022-06-01 2023-05-31 06570582 bus:CompanySecretary1 2022-06-01 2023-05-31 06570582 bus:Director3 2022-06-01 2023-05-31 06570582 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 06570582 bus:EntityHasNeverTraded 2022-06-01 2023-05-31 06570582 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 06570582 core:Subsidiary1 2022-06-01 2023-05-31 06570582 core:Subsidiary1 1 2022-06-01 2023-05-31 06570582 core:Subsidiary1 countries:England 2022-06-01 2023-05-31 06570582 core:Subsidiary2 2022-06-01 2023-05-31 06570582 core:Subsidiary2 1 2022-06-01 2023-05-31 06570582 core:Subsidiary2 countries:England 2022-06-01 2023-05-31 06570582 core:Subsidiary3 2022-06-01 2023-05-31 06570582 core:Subsidiary3 1 2022-06-01 2023-05-31 06570582 core:Subsidiary3 countries:England 2022-06-01 2023-05-31 06570582 1 2022-06-01 2023-05-31 06570582 countries:EnglandWales 2022-06-01 2023-05-31 06570582 core:CostValuation 2022-05-31 06570582 2022-05-31 06570582 bus:OrdinaryShareClass1 2022-05-31 06570582 core:ShareCapital 2022-05-31 06570582 core:CurrentFinancialInstruments 2022-05-31 06570582 core:CurrentFinancialInstruments core:WithinOneYear 2022-05-31 06570582 core:Subsidiary1 1 2021-06-01 2022-05-31 06570582 core:Subsidiary2 1 2021-06-01 2022-05-31 06570582 core:Subsidiary3 1 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06570582

Access Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2023

 

Access Holdings Limited

Profit and Loss Account for the Year Ended 31 May 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Access Holdings Limited

(Registration number: 06570582)
Balance Sheet as at 31 May 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

3

3

2

Current assets

 

Debtors

4

1

1

Creditors: Amounts falling due within one year

5

(3)

(2)

Net current liabilities

 

(2)

(1)

Net assets

 

1

1

Capital and reserves

 

Called up share capital

6

1

1

Shareholders' funds

 

1

1

For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 21 February 2024
 

.........................................
Mr JW Wright
Director

   
     
 

Access Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR
United Kingdom

These financial statements were authorised for issue by the director on 21 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Access Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2023
£

2022
£

Investments in subsidiaries

3

2

Subsidiaries

£

Cost or valuation

At 1 June 2022

2

Additions

1

At 31 May 2023

3

Provision

Carrying amount

At 31 May 2023

3

At 31 May 2022

2

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Access Property One Limited

Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR

England

Ordinary

100%

100%

Access Property Three Limited

Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR

England

Ordinary

100%

100%

 

Access Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

Access Property Four Limited

Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR

England

Ordinary

100%

0%

Subsidiary undertakings

Access Property One Limited

The principal activity of Access Property One Limited is property investment.

Access Property Three Limited

The principal activity of Access Property Three Limited is property investment.

Access Property Four Limited

The principal activity of Access Property Four Limited is property investment.

4

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

1

1

   

1

1

5

Creditors

2023
£

2022
£

Due within one year

Other payables

3

2

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         
 

Access Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2023

7

Parent and ultimate parent undertaking

The company's immediate parent is Access Garage Doors Limited, incorporated in England and Wales.