Holou Limited 14580657 false 2023-01-09 2024-01-31 2024-01-31 The principal activity of the company is online resellers Digita Accounts Production Advanced 6.30.9574.0 true true 14580657 2023-01-09 2024-01-31 14580657 2024-01-31 14580657 bus:OrdinaryShareClass1 2024-01-31 14580657 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 14580657 core:OtherResidualIntangibleAssets 2024-01-31 14580657 bus:SmallEntities 2023-01-09 2024-01-31 14580657 bus:AuditExemptWithAccountantsReport 2023-01-09 2024-01-31 14580657 bus:FilletedAccounts 2023-01-09 2024-01-31 14580657 bus:SmallCompaniesRegimeForAccounts 2023-01-09 2024-01-31 14580657 bus:RegisteredOffice 2023-01-09 2024-01-31 14580657 bus:Director1 2023-01-09 2024-01-31 14580657 bus:Director2 2023-01-09 2024-01-31 14580657 bus:OrdinaryShareClass1 2023-01-09 2024-01-31 14580657 bus:PrivateLimitedCompanyLtd 2023-01-09 2024-01-31 14580657 core:OtherResidualIntangibleAssets 2023-01-09 2024-01-31 14580657 countries:UnitedKingdom 2023-01-09 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14580657

Holou Limited

trading as Holou Ltd

Unaudited Financial Statements

for the Period from 9 January 2023 to 31 January 2024

 

Holou Limited

trading as Holou Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Holou Limited

trading as Holou Ltd

Company Information

Directors

Louis Pearson

Hollie Peach

Registered office

26 Laurel Way
Ickleford
Hitchin
Hertfordshire
SG5 3UP

 

Holou Limited

trading as Holou Ltd

(Registration number: 14580657)
Balance Sheet as at 31 January 2024

Note

2024
£

Fixed assets

 

Intangible assets

4

161

Current assets

 

Cash at bank and in hand

 

3,764

Creditors: Amounts falling due within one year

5

(4,700)

Net current liabilities

 

(936)

Net liabilities

 

(775)

Capital and reserves

 

Called up share capital

1

Retained earnings

(776)

Shareholders' deficit

 

(775)

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2024 and signed on its behalf by:
 

 

Holou Limited

trading as Holou Ltd

(Registration number: 14580657)
Balance Sheet as at 31 January 2024

.........................................
Louis Pearson
Director

.........................................
Hollie Peach
Director

 

Holou Limited

trading as Holou Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2023 to 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
26 Laurel Way
Ickleford
Hitchin
Hertfordshire
SG5 3UP
England

These financial statements were authorised for issue by the Board on 18 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

 

Holou Limited

trading as Holou Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2023 to 31 January 2024

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Holou Limited

trading as Holou Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2023 to 31 January 2024

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

Additions acquired separately

170

170

At 31 January 2024

170

170

Amortisation

Amortisation charge

9

9

At 31 January 2024

9

9

Carrying amount

At 31 January 2024

161

161

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

950

Other creditors

3,750

4,700

6

Share capital

Allotted, called up and fully paid shares

 

2024

 

No.

£

Ordinary of £0.01 each

100

1.00

     
 

Holou Limited

trading as Holou Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2023 to 31 January 2024

7

Related party transactions

At the balance sheet date, the directors of the company were owed £3,753. There are no terms for repaymen and no interest is being charged.