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REGISTERED NUMBER: 11094497 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Holyhead Shipping Limited

Holyhead Shipping Limited (Registered number: 11094497)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Holyhead Shipping Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A Seedhouse
Mrs P Seedhouse





REGISTERED OFFICE: 26-30 South Road
Weston Point
Runcorn
WA7 4EZ





REGISTERED NUMBER: 11094497 (England and Wales)





ACCOUNTANTS: Haines Watts Liverpool Limited
Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Holyhead Shipping Limited (Registered number: 11094497)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £
CURRENT ASSETS
Debtors 4 70,394 41,426
Cash at bank 20,560 50,731
90,954 92,157
CREDITORS
Amounts falling due within one year 5 42,846 46,784
NET CURRENT ASSETS 48,108 45,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,108

45,373

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 48,107 45,372
48,108 45,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 24 September 2024 and were signed on its behalf by:





A Seedhouse - Director


Holyhead Shipping Limited (Registered number: 11094497)

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

1. STATUTORY INFORMATION

Holyhead Shipping 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.

Related party exemption
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Holyhead Shipping Limited (Registered number: 11094497)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of more than 24 hours.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties (being repayable on demand).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors 64,852 33,218
Other debtors 5,542 8,208
70,394 41,426

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade creditors 12,205 9,742
Amounts owed to group undertakings 30,000 30,000
Taxation and social security 641 1,942
Other creditors - 5,100
42,846 46,784

6. ULTIMATE PARENT UNDERTAKING

Holyhead Shipping Limited is a wholly owned subsidiary of Armitt Group Limited, which is the immediate controlling party. The registered office of Armitt Group Limited is 26-30 South Road, Weston Point, Runcorn, Cheshire, England, WA7 4EZ.