Holbeache Services Limited
Statement of financial position
as at 31 May 2023
Tangible assets
31,833
36,373
Cash at bank and in hand
589
103,948
Creditors: amounts falling due within one year
(202,790)
(511,497)
Net current assets
32,251
19,242
Total assets less current liabilities
64,084
55,615
Creditors: amounts falling due after more than one year
(171,860)
(139,759)
Provisions for liabilities
Deferred tax
(6,367)
(7,275)
Net liabilities
(114,143)
(91,419)
Called up share capital
2
2
Profit and loss account
(114,145)
(91,421)
Shareholders' funds
(114,143)
(91,419)
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 16 September 2024 and were signed on its behalf by
H Smithyman
Director
Company Registration No. 10169203
Holbeache Services Limited
Notes to the Accounts
for the year ended 31 May 2023
Holbeache Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10169203. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
10% per annum on cost
Motor vehicles
25% per annum reducing balance
Computer equipment
10% per annum on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
44,000
1,405
45,405
At 31 May 2023
44,000
1,405
45,405
At 1 June 2022
8,800
232
9,032
Charge for the year
4,400
140
4,540
At 31 May 2023
13,200
372
13,572
At 31 May 2023
30,800
1,033
31,833
At 31 May 2022
35,200
1,173
36,373
Holbeache Services Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Other debtors
190,357
358,776
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,581
96,353
Other creditors
187,209
283,268
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
127,100
93,350
8
Transactions with related parties
Included within other debtors are amounts owed by associated companies, as follows:
Ariort Ltd £22,500 (2022: £122500)
Kingswinford Van Hire Ltd £167,575 (2022: £28039)
Whittimere Quarry Ltd £0 (2022: £23050)
Included within other creditors are amounts owed to associated companies as follows:
C & A Services (Kingswinford) Ltd £100,000
Dawley Industrial Services Ltd £0 (2022: £72482)
Dovedale Properties Ltd £0 (2022: £5406)
Lea Farm Estates Ltd £76761 (2022: £100621)
9
Average number of employees
During the year the average number of employees was 6 (2022: 3).