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Registered number: 10797412
HRJ Gould (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Allen Rose
Chartered Certified Accountants
Unaudited Financial Statements
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Directors Mr J H Gould
Mr R G Gould
Secretary Mr J H Gould
Company Number 10797412
Registered Office Crab Tree Farm, Park Lane
Stockwell Heath
Rugeley
Staffordshire
WS15 3LX
Accountants Allen Rose
Chartered Certified Accountants
Parkfield House
Park Street
Stafford
ST17 4AL
Page 1
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Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of HRJ Gould (Holdings) Limited for the year ended 31 January 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of HRJ Gould (Holdings) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of HRJ Gould (Holdings) Limited , as a body, in accordance with the terms of our engagement letter dated 03 October 2018. Our work has been undertaken solely to prepare for your approval the accounts of HRJ Gould (Holdings) Limited and state those matters that we have agreed to state to the directors of HRJ Gould (Holdings) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HRJ Gould (Holdings) Limited and its directors as a body for our work or for this report.
It is your duty to ensure that HRJ Gould (Holdings) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of HRJ Gould (Holdings) Limited . You consider that HRJ Gould (Holdings) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HRJ Gould (Holdings) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
24th September 2024
Allen Rose
Chartered Certified Accountants
Parkfield House
Park Street
Stafford
ST17 4AL
Page 2
Page 3
Balance Sheet
Registered number: 10797412
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 661,677 223,441
Investments 5 7,000 7,000
668,677 230,441
CURRENT ASSETS
Debtors 6 106,885 112,753
Cash at bank and in hand 3,474 54,118
110,359 166,871
Creditors: Amounts Falling Due Within One Year 7 (93,156 ) (270,667 )
NET CURRENT ASSETS (LIABILITIES) 17,203 (103,796 )
TOTAL ASSETS LESS CURRENT LIABILITIES 685,880 126,645
PROVISIONS FOR LIABILITIES
Deferred Taxation (47,012 ) -
NET ASSETS 638,868 126,645
CAPITAL AND RESERVES
Called up share capital 8 7,105 7,105
Profit and Loss Account 631,763 119,540
SHAREHOLDERS' FUNDS 638,868 126,645
Page 3
Page 4
For the year ending 31 January 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
Mr J H Gould
Director
24th September 2024
The notes on pages 5 to 7 form part of these financial statements.
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Page 5
Notes to the Financial Statements
1. General Information
HRJ Gould (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10797412 . The registered office is Crab Tree Farm, Park Lane, Stockwell Heath, Rugeley, Staffordshire, WS15 3LX.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Freehold Not depreciated
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% reducing balance
Computer Equipment 25% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 6
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 February 2023 - 288,685 288,685
Additions 433,847 71,299 505,146
As at 31 January 2024 433,847 359,984 793,831
Depreciation
As at 1 February 2023 - 65,244 65,244
Provided during the period - 66,910 66,910
As at 31 January 2024 - 132,154 132,154
Net Book Value
As at 31 January 2024 433,847 227,830 661,677
As at 1 February 2023 - 223,441 223,441
5. Investments
Subsidiaries
£
Cost
As at 1 February 2023 7,000
As at 31 January 2024 7,000
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 7,000
As at 1 February 2023 7,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 33,369 13,500
Other debtors 73,516 99,253
106,885 112,753
Page 6
Page 7
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,996 -
Amounts owed to group undertakings 8,565 236,390
Other creditors 68,871 34,277
Taxation and social security 12,724 -
93,156 270,667
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 7,105 7,105
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Richard Gould 86,826 115,377 (140,800 ) - 61,403
The above loan is unsecured and repayable on demand. Interest is charged using HMRC approved rates.
10. Related Party Transactions
HRJ Gould LimitedSubsidiary companyDuring the year, two properties were transferred from HRJ Gould Limited to the company for £431,227, being the cost value that HRJ Gould Limited originally acquired the properties for.

HRJ Gould Limited

Subsidiary company

During the year, two properties were transferred from HRJ Gould Limited to the company for £431,227, being the cost value that HRJ Gould Limited originally acquired the properties for.

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