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Company Registration No. 09687154 (England and Wales)
HallNash Holdings Limited Unaudited accounts for the year ended 31 December 2023
HallNash Holdings Limited Unaudited accounts Contents
Page
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HallNash Holdings Limited Company Information for the year ended 31 December 2023
Directors
James Hall Jonathan Hall
Company Number
09687154 (England and Wales)
Registered Office
Bridge House Packington Ashby de la Zouch Leicestershire LE65 1WB United Kingdom
Accountants
Lime Associates 12 New Mill The Flour Mills Burton on Trent Staffordshire DE15 0TP
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HallNash Holdings Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,015 
51,237 
Investment property
844,105 
844,105 
Investments
200 
200 
876,320 
895,542 
Current assets
Debtors
873,868 
881,225 
Cash at bank and in hand
24,583 
73,071 
898,451 
954,296 
Creditors: amounts falling due within one year
(83,376)
(90,895)
Net current assets
815,075 
863,401 
Total assets less current liabilities
1,691,395 
1,758,943 
Creditors: amounts falling due after more than one year
(1,253,472)
(1,341,379)
Net assets
437,923 
417,564 
Capital and reserves
Called up share capital
75 
75 
Capital redemption reserve
25 
25 
Profit and loss account
437,823 
417,464 
Shareholders' funds
437,923 
417,564 
For the year ending 31 December 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 28 August 2024 and were signed on its behalf by
James Hall Director Company Registration No. 09687154
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
HallNash Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 09687154. The registered office is Bridge House, Packington, Ashby de la Zouch, Leicestershire, LE65 1WB, United Kingdom.
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.
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:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
12,536 
134,819 
147,355 
At 31 December 2023
12,536 
134,819 
147,355 
Depreciation
At 1 January 2023
12,536 
83,582 
96,118 
Charge for the year
- 
19,222 
19,222 
At 31 December 2023
12,536 
102,804 
115,340 
Net book value
At 31 December 2023
- 
32,015 
32,015 
At 31 December 2022
- 
51,237 
51,237 
5
Investment property
2023 
£ 
Fair value at 1 January 2023
844,105 
At 31 December 2023
844,105 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
200 
Valuation at 31 December 2023
200 
The following were subsidiary undertakings at the Balance Sheet date: Sector 17 Ltd Registered Office: 15 Bridge Street, Packington, Ashby-de-la-Zouch, Leicestershire LE65 1WB Nature of Business: Other leisure activities Class of Shares: Ordinary Holding: 100% Bridge 15 Property Development Ltd Registered Office: 12 New Mill, The Flour Mills, Burton on Trent, Staffordshire, DE15 0TP Nature of Business: Property Development Class of Shares: Ordinary Holding: 100%
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2023
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,727 
51,711 
Accrued income and prepayments
- 
373 
44,727 
52,084 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
817,177 
817,177 
Other debtors
11,964 
11,964 
829,141 
829,141 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
60,000 
60,000 
VAT
5,902 
11,381 
Trade creditors
- 
290 
Taxes and social security
1,225 
2,975 
Other creditors
3,749 
3,749 
Deferred income
12,500 
12,500 
83,376 
90,895 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
498,544 
533,537 
Loans from directors
754,928 
807,842 
1,253,472 
1,341,379 
Bank loans are secured by a first legal charge over the company's freehold investment property and a joint and several guarantee by the directors: Mr James Hall, Mr Jeremy Hall and Mr Jonathan Hall.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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