0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 14,960 14,960 14,960 xbrli:pure xbrli:shares iso4217:GBP 04358224 2023-02-01 2024-01-31 04358224 2024-01-31 04358224 2023-01-31 04358224 2022-02-01 2023-01-31 04358224 2023-01-31 04358224 2022-01-31 04358224 bus:Director1 2023-02-01 2024-01-31 04358224 bus:Director3 2023-02-01 2024-01-31 04358224 core:WithinOneYear 2024-01-31 04358224 core:WithinOneYear 2023-01-31 04358224 core:ShareCapital 2024-01-31 04358224 core:ShareCapital 2023-01-31 04358224 core:RetainedEarningsAccumulatedLosses 2024-01-31 04358224 core:RetainedEarningsAccumulatedLosses 2023-01-31 04358224 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-31 04358224 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 04358224 bus:Director3 2023-01-31 04358224 bus:Director3 2024-01-31 04358224 bus:Director3 2022-01-31 04358224 bus:Director3 2023-01-31 04358224 bus:SmallEntities 2023-02-01 2024-01-31 04358224 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 04358224 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 04358224 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04358224 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 04358224
30 Holly Grove Limited
Filleted Unaudited Financial Statements
For the year ended
31 January 2024
30 Holly Grove Limited
Statement of Financial Position
31 January 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
4
14,960
14,960
Current assets
Debtors
5
640
Cash at bank and in hand
1,020
3,565
-------
-------
1,020
4,205
Creditors: amounts falling due within one year
6
17,274
20,274
--------
--------
Net current liabilities
16,254
16,069
--------
--------
Total assets less current liabilities
( 1,294)
( 1,109)
-------
-------
Net liabilities
( 1,294)
( 1,109)
-------
-------
Capital and reserves
Called up share capital
4
4
Profit and loss account
( 1,298)
( 1,113)
-------
-------
Shareholders deficit
( 1,294)
( 1,109)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
30 Holly Grove Limited
Statement of Financial Position (continued)
31 January 2024
These financial statements were approved by the board of directors and authorised for issue on 28 October 2024 , and are signed on behalf of the board by:
Ms R Karkia
Director
Company registration number: 04358224
30 Holly Grove Limited
Notes to the Financial Statements
Year ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30b Holly Grove, London, SE15 5DF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received and represents service charge income.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Tangible assets
Freehold property
£
Cost
At 1 February 2023 and 31 January 2024
14,960
--------
Depreciation
At 1 February 2023 and 31 January 2024
--------
Carrying amount
At 31 January 2024
14,960
--------
At 31 January 2023
14,960
--------
5. Debtors
2024
2023
£
£
Other debtors
640
----
----
6. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
17,274
20,274
--------
--------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Ms G Carless
( 19,246)
3,000
( 16,246)
--------
-------
--------
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Ms G Carless
( 19,246)
( 19,246)
--------
----
--------