1 December 2022 false No description of principal activity Taxfiler 2024.5 09878700business:PrivateLimitedCompanyLtd2022-12-012023-11-30 098787002022-11-30 098787002022-12-012023-11-30 09878700business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 09878700business:FilletedAccounts2022-12-012023-11-30 098787002023-11-30 09878700business:Director12022-12-012023-11-30 09878700business:Director22022-12-012023-11-30 09878700business:RegisteredOffice2022-12-012023-11-30 098787002022-11-30 09878700core:WithinOneYear2023-11-30 09878700core:WithinOneYear2022-11-30 09878700core:AfterOneYear2023-11-30 09878700core:AfterOneYear2022-11-30 09878700core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09878700core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09878700core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09878700core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09878700core:PreviouslyStatedAmount2023-11-30 09878700core:PreviouslyStatedAmount2022-11-30 09878700business:SmallEntities2022-12-012023-11-30 09878700countries:EnglandWales2022-12-012023-11-30 09878700core:PlantMachinery2022-12-012023-11-30 09878700core:FurnitureFittings2022-12-012023-11-30 09878700core:PlantMachinery2022-11-30 09878700core:FurnitureFittings2022-11-30 09878700core:ComputerEquipment2022-11-30 09878700core:ComputerEquipment2022-12-012023-11-30 09878700core:PlantMachinery2023-11-30 09878700core:FurnitureFittings2023-11-30 09878700core:ComputerEquipment2023-11-30 09878700business:Director112022-12-012023-11-30 09878700business:Director112022-11-30 09878700business:Director112023-11-30 09878700business:Director222022-12-012023-11-30 09878700business:Director222022-11-30 09878700business:Director222023-11-30 098787002021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09878700 (England and Wales)
Holder and Ferry Limited Unaudited accounts for the year ended 30 November 2023
Holder and Ferry Limited Unaudited accounts Contents
Page
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Holder and Ferry Limited Company Information for the year ended 30 November 2023
Directors
T J Ferry J J Holder
Company Number
09878700 (England and Wales)
Registered Office
11 Southgate Street Winchester Hamsprhire SO23 9DZ
Accountants
Continuity Finance 95 Brownhill Road Chandlers Ford Eastleigh Hampshire SO53 2FH
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Holder and Ferry Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,276 
17,467 
Current assets
Inventories
3,750 
2,750 
Debtors
31,001 
24,525 
Cash at bank and in hand
51,753 
47,790 
86,504 
75,065 
Creditors: amounts falling due within one year
(106,352)
(75,877)
Net current liabilities
(19,848)
(812)
Total assets less current liabilities
(6,572)
16,655 
Creditors: amounts falling due after more than one year
(17,500)
(27,500)
Provisions for liabilities
Deferred tax
(2,523)
(3,319)
Net liabilities
(26,595)
(14,164)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(26,695)
(14,264)
Shareholders' funds
(26,595)
(14,164)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
T J Ferry Director Company Registration No. 09878700
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Holder and Ferry Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Holder and Ferry Limited is a private company, limited by shares, registered in England and Wales, registration number 09878700. The registered office is 11 Southgate Street, Winchester, Hamsprhire, SO23 9DZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and represents income derived from services and sales of goods within the company's ordinary activities. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the service. Due to the nature of the service provided to clients turnover is recognised immediately upon completion of the service.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Government grants
Government grants are recognised at the fair value of the asset received or receivable where there is a reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when he proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability. During the year the company received grants under the Coronavirus Job Retention Scheme and income derived from this scheme were recognised in the periods in which the related staff costs were incurred.
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. Allowances are made for obsolete and slow moving items.
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Holder and Ferry Limited Notes to the Accounts for the year ended 30 November 2023
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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date. Current tax assets and liabilities are not discounted.
Deferred taxation
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 accounts. 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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
43,444 
9,708 
2,598 
55,750 
Additions
719 
- 
93 
812 
Disposals
- 
(1,100)
- 
(1,100)
At 30 November 2023
44,163 
8,608 
2,691 
55,462 
Depreciation
At 1 December 2022
31,246 
5,680 
1,357 
38,283 
Charge for the year
3,384 
1,139 
328 
4,851 
On disposals
- 
(948)
- 
(948)
At 30 November 2023
34,630 
5,871 
1,685 
42,186 
Net book value
At 30 November 2023
9,533 
2,737 
1,006 
13,276 
At 30 November 2022
12,198 
4,028 
1,241 
17,467 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,526 
3,871 
Accrued income and prepayments
3,001 
2,487 
Other debtors
18,474 
18,167 
31,001 
24,525 
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Holder and Ferry Limited Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
18,982 
16,474 
Trade creditors
18,798 
8,829 
Taxes and social security
47,034 
33,318 
Other creditors
11,438 
7,156 
Accruals
100 
100 
106,352 
75,877 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,500 
27,500 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
T J Ferry
Short term loan
9,977 
10,114 
10,095 
9,996 
J J Holder
Short term loan
5,657 
5,613 
5,650 
5,620 
15,634 
15,727 
15,745 
15,616 
Loans are repayable on demand and subject to interest at approved HM Revenue & Customs rates.
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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