Holywell Engineering Group Limited 01017094 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true A D Little 01017094 2023-01-01 2023-12-31 01017094 2023-12-31 01017094 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-12-31 01017094 core:RetainedEarningsAccumulatedLosses 2023-12-31 01017094 core:ShareCapital 2023-12-31 01017094 core:CurrentFinancialInstruments 2023-12-31 01017094 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 01017094 bus:FRS102 2023-01-01 2023-12-31 01017094 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01017094 bus:FullAccounts 2023-01-01 2023-12-31 01017094 bus:RegisteredOffice 2023-01-01 2023-12-31 01017094 bus:CompanySecretaryDirector1 2023-01-01 2023-12-31 01017094 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 01017094 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-01-01 2023-12-31 01017094 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 01017094 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01017094 countries:AllCountries 2023-01-01 2023-12-31 01017094 2022-12-31 01017094 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-12-31 01017094 core:RetainedEarningsAccumulatedLosses 2022-12-31 01017094 core:ShareCapital 2022-12-31 01017094 core:CurrentFinancialInstruments 2022-12-31 01017094 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01017094

Holywell Engineering Group Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Holywell Engineering Group Limited

(Registration number: 01017094)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

3,530,156

3,530,156

Creditors: Amounts falling due within one year

4

(2,845,499)

(2,845,499)

Net assets

 

684,657

684,657

Capital and reserves

 

Called up share capital

5

2,000

2,000

Retained earnings

682,657

682,657

Shareholders' funds

 

684,657

684,657

For the financial year ending 31 December 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 23 August 2024
 

.........................................
A D Little
Company secretary and director

 

Holywell Engineering Group Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England & Wales. The company's registration number is 01017094.

The address of its registered office is:
C/o Bissell & Brown
Charter House
56 High Street
Sutton Coldfield
West Midlands
B72 1UJ
United Kingdom

The principal place of business is:
Backworth Mining Office
Shiremoor
Newcastle upon Tyne
NE27 0AE

These financial statements were authorised for issue by the director on 23 August 2024.

2

Accounting policies

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

 

Holywell Engineering Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023 (continued)

3

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

3,530,156

3,530,156

4

Creditors

2023
£

2022
£

Due within one year

Trade creditors

2,845,499

2,845,499

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

2,000

2,000

2,000

2,000

         

Rights, preferences and restrictions

Ordinary shares have the following rights, preferences and restrictions:
Holders of the ordinary share capital have a right to vote and receive dividends.