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REGISTERED NUMBER: 06200923 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

HOLLYVALE LIMITED

HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOLLYVALE LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C J Marshall
Ms H F Wilson





REGISTERED OFFICE: Hollyvale House
Chapel Road
Stanford in the Vale
Faringdon
Oxfordshire
SN7 8LE





REGISTERED NUMBER: 06200923 (England and Wales)





ACCOUNTANTS: S Burgess & Co Ltd
11 Slayleigh Avenue
Sheffield
South Yorkshire
S10 3RA

HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 146,650 200,000
146,650 200,000

CURRENT ASSETS
Debtors 6 4,495 -
Cash at bank and in hand 47,259 90,685
51,754 90,685
CREDITORS
Amounts falling due within one year 7 2,847 6,747
NET CURRENT ASSETS 48,907 83,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,557

283,938

CAPITAL AND RESERVES
Called up share capital 8 50 50
Retained earnings 195,507 283,888
SHAREHOLDERS' FUNDS 195,557 283,938

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 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.

HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

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




C J Marshall - Director



Ms H F Wilson - Director


HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)

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

1. STATUTORY INFORMATION

Hollyvale 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. 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 significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents investment income receipts and, in the case of the comparative year, in addition, the value of rents receivable from the company's investment property. Turnover is recognised upon receipt and for rents in accordance with the underlying lease.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investment property
Investment properties are measured at fair value at each reporting date, with changes in fair value recognised in the statement of income.

Financial instruments
Listed investments are valued at the market value at the year end. The changes in market value of listed investments are recognised in the statement of comprehensive income.

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.


HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)

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

2. ACCOUNTING POLICIES - continued
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.

Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 826 974 1,800
DEPRECIATION
At 1 April 2023
and 31 March 2024 826 974 1,800
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 - - -

HOLLYVALE LIMITED (REGISTERED NUMBER: 06200923)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 200,000
Disposals (53,350 )
At 31 March 2024 146,650
NET BOOK VALUE
At 31 March 2024 146,650
At 31 March 2023 200,000

The market value of listed investments at the year end was £160,484 (in 2023 £203,987). There is an increase in market value of £13,834 (in 2023 £3,987) when compared to cost, but this has not been reflected in the statutory financial statements, as in the directors' opinion this is not material.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 4,495 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Corporation tax 1,647 5,611
Other creditors - 47
Accrued expenses 1,200 1,089
2,847 6,747

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
50 Ordinary £1 50 50