IRIS Accounts Production v24.1.9.2 10453295 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary Shares 1.00000 Class A Shares 1.00000 Class B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104532952022-10-31104532952023-10-31104532952022-11-012023-10-31104532952021-10-31104532952021-11-012022-10-31104532952022-10-3110453295ns15:EnglandWales2022-11-012023-10-3110453295ns14:PoundSterling2022-11-012023-10-3110453295ns10:Director12022-11-012023-10-3110453295ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110453295ns10:SmallEntities2022-11-012023-10-3110453295ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3110453295ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110453295ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110453295ns10:AbridgedAccounts2022-11-012023-10-3110453295ns10:OrdinaryShareClass12022-11-012023-10-3110453295ns10:OrdinaryShareClass22022-11-012023-10-3110453295ns10:OrdinaryShareClass32022-11-012023-10-3110453295ns10:Director22022-11-012023-10-3110453295ns10:RegisteredOffice2022-11-012023-10-3110453295ns5:CurrentFinancialInstruments2023-10-3110453295ns5:CurrentFinancialInstruments2022-10-3110453295ns5:Non-currentFinancialInstruments2023-10-3110453295ns5:Non-currentFinancialInstruments2022-10-3110453295ns5:ShareCapital2023-10-3110453295ns5:ShareCapital2022-10-3110453295ns5:RetainedEarningsAccumulatedLosses2023-10-3110453295ns5:RetainedEarningsAccumulatedLosses2022-10-3110453295ns5:PlantMachinery2022-11-012023-10-3110453295ns5:FurnitureFittings2022-11-012023-10-3110453295ns5:MotorVehicles2022-11-012023-10-3110453295ns5:AcceleratedTaxDepreciationDeferredTax2023-10-3110453295ns5:AcceleratedTaxDepreciationDeferredTax2022-10-3110453295ns5:DeferredTaxation2022-10-3110453295ns5:DeferredTaxation2022-11-012023-10-3110453295ns5:DeferredTaxation2023-10-3110453295ns10:OrdinaryShareClass12023-10-3110453295ns10:OrdinaryShareClass22023-10-3110453295ns10:OrdinaryShareClass32023-10-3110453295ns5:RetainedEarningsAccumulatedLosses2022-10-3110453295ns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-31
REGISTERED NUMBER: 10453295 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

Holman Simmons Ltd

Holman Simmons Ltd (Registered number: 10453295)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Holman Simmons Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: S Simmons
Miss L Holman





REGISTERED OFFICE: Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 10453295 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Holman Simmons Ltd (Registered number: 10453295)

Abridged Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 19,156 17,372

CURRENT ASSETS
Debtors 84,308 110,323
Cash at bank 5,625 2,256
89,933 112,579
CREDITORS
Amounts falling due within one year 85,701 99,878
NET CURRENT ASSETS 4,232 12,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,388

30,073

CREDITORS
Amounts falling due after more than one
year

(15,689

)

(23,121

)

PROVISIONS FOR LIABILITIES 5 (3,640 ) (3,301 )
NET ASSETS 4,059 3,651

CAPITAL AND RESERVES
Called up share capital 6 200 200
Retained earnings 7 3,859 3,451
SHAREHOLDERS' FUNDS 4,059 3,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

Holman Simmons Ltd (Registered number: 10453295)

Abridged Statement of Financial Position - continued
31 October 2023



The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





S Simmons - Director


Holman Simmons Ltd (Registered number: 10453295)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Holman Simmons Ltd 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.

The accounts have been prepared on a going concern basis relying on the continued financial support of the directors who are confident of future profitable trading.

Turnover
Revenue 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Holman Simmons Ltd (Registered number: 10453295)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 November 2022 54,662
Additions 8,042
At 31 October 2023 62,704
DEPRECIATION
At 1 November 2022 37,290
Charge for year 6,258
At 31 October 2023 43,548
NET BOOK VALUE
At 31 October 2023 19,156
At 31 October 2022 17,372

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 November 2022
and 31 October 2023 43,584
DEPRECIATION
At 1 November 2022
and 31 October 2023 28,835
NET BOOK VALUE
At 31 October 2023 14,749
At 31 October 2022 14,749

Holman Simmons Ltd (Registered number: 10453295)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax
Accelerated capital allowances 3,640 3,301

Deferred
tax
£   
Balance at 1 November 2022 3,301
Provided during year 339
Balance at 31 October 2023 3,640

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary Shares 1 100 100
50 Class A Shares 1 50 50
50 Class B Shares 1 50 50
200 200

7. RESERVES
Retained
earnings
£   

At 1 November 2022 3,451
Profit for the year 9,408
Dividends (9,000 )
At 31 October 2023 3,859