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REGISTERED NUMBER: 09568672 (England and Wales)















HOLMES FINANCIAL INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






HOLMES FINANCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: 09568672)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOLMES FINANCIAL INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: M W Holmes
Mrs A Holmes





REGISTERED OFFICE: 424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ





REGISTERED NUMBER: 09568672 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

HOLMES FINANCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: 09568672)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 203,787 201,668
Investments 5 - 151
203,787 201,819

CURRENT ASSETS
Debtors 6 269,353 63,293
Cash at bank 18,621 166,907
287,974 230,200
CREDITORS
Amounts falling due within one year 7 (7,696 ) (8,787 )
NET CURRENT ASSETS 280,278 221,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

484,065

423,232

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 483,965 423,132
SHAREHOLDERS' FUNDS 484,065 423,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

HOLMES FINANCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: 09568672)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 4 September 2024 and were signed on its behalf by:




Mrs A Holmes - Director



M W Holmes - Director


HOLMES FINANCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: 09568672)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Holmes Financial Investments 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Freehold Fixture &
property Fittings Totals
£    £    £   
COST
At 1 March 2023 200,906 3,862 204,768
Additions - 3,079 3,079
At 29 February 2024 200,906 6,941 207,847
DEPRECIATION
At 1 March 2023 - 3,100 3,100
Charge for year - 960 960
At 29 February 2024 - 4,060 4,060
NET BOOK VALUE
At 29 February 2024 200,906 2,881 203,787
At 28 February 2023 200,906 762 201,668

HOLMES FINANCIAL INVESTMENTS LIMITED (REGISTERED NUMBER: 09568672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023 151
Disposals (151 )
At 29 February 2024 -
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 151

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,570 18,529
Other debtors 252,783 44,764
269,353 63,293

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 7,696 8,787

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
M W Holmes
Balance outstanding at start of year 46 (1,129 )
Amounts advanced 32,159 51,275
Amounts repaid (26,138 ) (50,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,067 46

Mrs A Holmes
Balance outstanding at start of year 46 (1,129 )
Amounts advanced 32,159 51,275
Amounts repaid (26,138 ) (50,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,067 46