IRIS Accounts Production v24.2.0.383 09140081 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091400812023-07-31091400812024-07-31091400812023-08-012024-07-31091400812022-07-31091400812022-08-012023-07-31091400812023-07-3109140081ns15:EnglandWales2023-08-012024-07-3109140081ns14:PoundSterling2023-08-012024-07-3109140081ns10:Director12023-08-012024-07-3109140081ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3109140081ns10:SmallEntities2023-08-012024-07-3109140081ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3109140081ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3109140081ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3109140081ns10:FullAccounts2023-08-012024-07-310914008112023-08-012024-07-3109140081ns10:Director22023-08-012024-07-3109140081ns10:CompanySecretary12023-08-012024-07-3109140081ns10:RegisteredOffice2023-08-012024-07-3109140081ns5:CurrentFinancialInstruments2024-07-3109140081ns5:CurrentFinancialInstruments2023-07-3109140081ns5:ShareCapital2024-07-3109140081ns5:ShareCapital2023-07-3109140081ns5:RetainedEarningsAccumulatedLosses2024-07-3109140081ns5:RetainedEarningsAccumulatedLosses2023-07-3109140081ns5:NetGoodwill2023-08-012024-07-3109140081ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3109140081ns5:PlantMachinery2023-08-012024-07-3109140081ns5:MotorVehicles2023-08-012024-07-3109140081ns5:ComputerEquipment2023-08-012024-07-3109140081ns5:NetGoodwill2023-07-3109140081ns5:NetGoodwill2024-07-3109140081ns5:NetGoodwill2023-07-3109140081ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-3109140081ns5:PlantMachinery2023-07-3109140081ns5:MotorVehicles2023-07-3109140081ns5:ComputerEquipment2023-07-3109140081ns5:LongLeaseholdAssetsns5:LandBuildings2023-08-012024-07-3109140081ns5:LongLeaseholdAssetsns5:LandBuildings2024-07-3109140081ns5:PlantMachinery2024-07-3109140081ns5:MotorVehicles2024-07-3109140081ns5:ComputerEquipment2024-07-3109140081ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-3109140081ns5:PlantMachinery2023-07-3109140081ns5:MotorVehicles2023-07-3109140081ns5:ComputerEquipment2023-07-3109140081ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3109140081ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3109140081ns5:DeferredTaxation2023-07-3109140081ns5:DeferredTaxation2023-08-012024-07-3109140081ns5:DeferredTaxation2024-07-31
REGISTERED NUMBER: 09140081 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 July 2024

for

HME Holt & Martin Ltd

HME Holt & Martin Ltd (Registered number: 09140081)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HME Holt & Martin Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: S Booth
E M Taylor





SECRETARY: S Booth





REGISTERED OFFICE: 70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ





REGISTERED NUMBER: 09140081 (England and Wales)





ACCOUNTANTS: Anthony Marshall Ltd
Chartered Accountants
70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ

HME Holt & Martin Ltd (Registered number: 09140081)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 30,558 38,932
30,558 38,932

CURRENT ASSETS
Stocks 8,000 8,000
Debtors 6 157,056 159,515
Cash at bank and in hand 224,175 199,125
389,231 366,640
CREDITORS
Amounts falling due within one year 7 37,683 46,654
NET CURRENT ASSETS 351,548 319,986
TOTAL ASSETS LESS CURRENT LIABILITIES 382,106 358,918

PROVISIONS FOR LIABILITIES 8 4,913 8,558
NET ASSETS 377,193 350,360

CAPITAL AND RESERVES
Called up share capital 80 80
Retained earnings 377,113 350,280
377,193 350,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

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

HME Holt & Martin Ltd (Registered number: 09140081)

Statement of Financial Position - continued
31 July 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 8 October 2024 and were signed on its behalf by:





S Booth - Director


HME Holt & Martin Ltd (Registered number: 09140081)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

HME Holt & Martin 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been amortised evenly over it's useful life of 3 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.


HME Holt & Martin Ltd (Registered number: 09140081)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 13,000
AMORTISATION
At 1 August 2023
and 31 July 2024 13,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

HME Holt & Martin Ltd (Registered number: 09140081)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023
and 31 July 2024 4,700 30,200 42,427 2,231 79,558
DEPRECIATION
At 1 August 2023 - 25,074 13,800 1,752 40,626
Charge for year - 1,025 7,157 192 8,374
At 31 July 2024 - 26,099 20,957 1,944 49,000
NET BOOK VALUE
At 31 July 2024 4,700 4,101 21,470 287 30,558
At 31 July 2023 4,700 5,126 28,627 479 38,932

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 152,734 150,478
Other debtors 4,322 9,037
157,056 159,515

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 17,258 30,240
Amounts owed to group undertakings - 879
Taxation and social security 16,525 10,885
Other creditors 3,900 4,650
37,683 46,654

8. PROVISIONS FOR LIABILITIES
31.7.24 31.7.23
£    £   
Deferred tax 4,913 8,558

Deferred
tax
£   
Balance at 1 August 2023 8,558
Provided during year (3,645 )
Balance at 31 July 2024 4,913

HME Holt & Martin Ltd (Registered number: 09140081)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. RELATED PARTY DISCLOSURES

During the year the company made sales to Motion Industries Limited, a company in which S Booth is a director and shareholder of £10,726 (2023:£12,732) and purchases of £120,779 (2023:£92,413). These were made on normal commercial terms.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is both S. Booth and E. M. Taylor, by virtue of their directorship and equal shareholding.