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REGISTERED NUMBER: 14752774 (England and Wales)















HOLMES TRADING GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 23 MARCH 2023 TO 28 FEBRUARY 2024






HOLMES TRADING GROUP LTD (REGISTERED NUMBER: 14752774)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 23 MARCH 2023 TO 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOLMES TRADING GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 23 MARCH 2023 TO 28 FEBRUARY 2024







DIRECTORS: M W Holmes
Mrs A Holmes
J Holmes





REGISTERED OFFICE: 424 Margate Road
Ramsgate
Kent
CT12 6SJ





REGISTERED NUMBER: 14752774 (England and Wales)





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

HOLMES TRADING GROUP LTD (REGISTERED NUMBER: 14752774)

BALANCE SHEET
28 FEBRUARY 2024

Notes £   
FIXED ASSETS
Investments 4 151

CURRENT ASSETS
Debtors 5 133,070
Cash at bank 65,684
198,754
CREDITORS
Amounts falling due within one year 6 (26,049 )
NET CURRENT ASSETS 172,705
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,856

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 172,756
172,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 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.

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:



M W Holmes - Director Mrs A Holmes - Director



J Holmes - Director


HOLMES TRADING GROUP LTD (REGISTERED NUMBER: 14752774)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 23 MARCH 2023 TO 28 FEBRUARY 2024

1. STATUTORY INFORMATION

Holmes Trading Group Ltd 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 151
At 28 February 2024 151
NET BOOK VALUE
At 28 February 2024 151

HOLMES TRADING GROUP LTD (REGISTERED NUMBER: 14752774)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 23 MARCH 2023 TO 28 FEBRUARY 2024

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

MH Media Global Ltd
Registered office:
Nature of business: Journal Publishing
%
Class of shares: holding
Ordinary 100.00

Archetech Media Ltd
Registered office:
Nature of business: Journal Publishing
%
Class of shares: holding
Ordinary 100.00

Associated company

B2B Digital Media Limited
Registered office:
Nature of business: Digital media
%
Class of shares: holding
Ordinary 33.30

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 133,070

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 26,049

7. RELATED PARTY DISCLOSURES

Company funds are held in an interest bearing account in the name of Mrs Alison Holmes. The funds remain an asset of the company of which earned interest will be returned to the company (2024: £120,000)