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REGISTERED NUMBER: 12689989 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Martin-Woolman Holdings Limited

Martin-Woolman Holdings Limited (Registered number: 12689989)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Martin-Woolman Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs L Gallafent





REGISTERED OFFICE: Unit 12, Martinfield Business Centre
Martinfield
Welwyn Garden City
Hertfordshire
AL7 1HG





REGISTERED NUMBER: 12689989 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Martin-Woolman Holdings Limited (Registered number: 12689989)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 660,000 660,000

CURRENT ASSETS
Debtors 6 56,472 14,782

CREDITORS
Amounts falling due within one year 7 386,206 344,682
NET CURRENT LIABILITIES (329,734 ) (329,900 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,266

330,100

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 329,900 329,900
Retained earnings 166 -
SHAREHOLDERS' FUNDS 330,266 330,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:



Mrs L Gallafent - Director


Martin-Woolman Holdings Limited (Registered number: 12689989)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Martin-Woolman Holdings Limited 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Martin-Woolman Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Martin-Woolman Holdings Limited (Registered number: 12689989)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 660,000
NET BOOK VALUE
At 31 March 2024 660,000
At 31 March 2023 660,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Amounts owed by group undertakings 56,472 14,682
Other debtors - 100
56,472 14,782

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Amounts owed to group undertakings 379,120 257,918
Other creditors 7,086 86,764
386,206 344,682

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

During the year, total dividends of £85,700 (2023 - £48,096) were paid to the director .

At the balance sheet date the company owed the director £7,086 (2023: £9,695).

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Gallafent.