Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2022 1 October 2021 false 1 October 2022 31 March 2024 31 March 2024 03435916 Mrs L E Haynes Mr N D Haynes Ms S S Haynes Mrs L E Haynes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03435916 2022-09-30 03435916 2024-03-31 03435916 2022-10-01 2024-03-31 03435916 frs-core:CurrentFinancialInstruments 2024-03-31 03435916 frs-core:PlantMachinery 2024-03-31 03435916 frs-core:PlantMachinery 2022-10-01 2024-03-31 03435916 frs-core:PlantMachinery 2022-09-30 03435916 frs-core:ShareCapital 2024-03-31 03435916 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03435916 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2024-03-31 03435916 frs-bus:FilletedAccounts 2022-10-01 2024-03-31 03435916 frs-bus:SmallEntities 2022-10-01 2024-03-31 03435916 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2024-03-31 03435916 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2024-03-31 03435916 frs-bus:Director1 2022-10-01 2024-03-31 03435916 frs-bus:Director2 2022-10-01 2024-03-31 03435916 frs-bus:Director3 2022-10-01 2024-03-31 03435916 frs-bus:CompanySecretary1 2022-10-01 2024-03-31 03435916 frs-countries:EnglandWales 2022-10-01 2024-03-31 03435916 2021-09-30 03435916 2022-09-30 03435916 2021-10-01 2022-09-30 03435916 frs-core:CurrentFinancialInstruments 2022-09-30 03435916 frs-core:ShareCapital 2022-09-30 03435916 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 03435916
Holywell Yarns Ltd
Financial Statements
For the Period 1 October 2022 to 31 March 2024
Cound & Co LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03435916
31 March 2024 30 September 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 59 79
59 79
CURRENT ASSETS
Debtors 5 15,600 250,561
Cash at bank and in hand 108,582 151,664
124,182 402,225
Creditors: Amounts Falling Due Within One Year 6 (14,224 ) (33,341 )
NET CURRENT ASSETS (LIABILITIES) 109,958 368,884
TOTAL ASSETS LESS CURRENT LIABILITIES 110,017 368,963
NET ASSETS 110,017 368,963
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 109,917 368,863
SHAREHOLDERS' FUNDS 110,017 368,963
Page 1
Page 2
For the period ending 31 March 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms S S Haynes
Director
4th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Holywell Yarns Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03435916 . The registered office is 29 Holywell Drive, Loughborough, Leicestershire, LE11 3JU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% of net book value per annum
2.3. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered a net liability may crystallise.

3. Average Number of Employees
Average number of employees, including directors, during the period was: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2022 7,063
As at 31 March 2024 7,063
Depreciation
As at 1 October 2022 6,984
Provided during the period 20
As at 31 March 2024 7,004
Net Book Value
As at 31 March 2024 59
As at 1 October 2022 79
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5. Debtors
31 March 2024 30 September 2022
£ £
Due within one year
Trade debtors 10,000 230,555
Other debtors 5,000 20,000
VAT - 6
Directors' loan accounts 600 -
15,600 250,561
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 30 September 2022
£ £
Trade creditors - 940
Other loans - 20,000
Other taxes and social security 364 2,365
Accruals and deferred income 1,540 600
Directors' loan accounts 12,320 9,436
14,224 33,341
7. Share Capital
31 March 2024 30 September 2022
£ £
Allotted, Called up and fully paid 100 100
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