REGISTERED NUMBER: |
Financial Statements for the Period 2 February 2023 to 31 March 2024 |
for |
Hollybrook (Vauxhall) Limited |
REGISTERED NUMBER: |
Financial Statements for the Period 2 February 2023 to 31 March 2024 |
for |
Hollybrook (Vauxhall) Limited |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Contents of the Financial Statements |
for the Period 2 February 2023 to 31 March 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Hollybrook (Vauxhall) Limited |
Company Information |
for the Period 2 February 2023 to 31 March 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Foresters Hall |
25/27 Westow Street |
Upper Norwood |
London |
SE19 3RY |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Abridged Balance Sheet |
31 March 2024 |
Notes | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Abridged Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the director and authorised for issue on |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Notes to the Financial Statements |
for the Period 2 February 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Hollybrook (Vauxhall) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The director considers that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Financial instruments |
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors, other creditors, loans from banks and other third parties and loans to/from related parties. |
Debt instruments, other than those wholly repayable or receivable within one year, including loans and other amounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method. |
Debt instruments which are payable or receivable within one year are measured at the undiscounted amount of the cash consideration expected to be paid or received. |
Taxation |
Taxation for the period comprises current 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 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. |
Investments |
The company's investment is stated at cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Notes to the Financial Statements - continued |
for the Period 2 February 2023 to 31 March 2024 |
4. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
Additions | 50 |
At 31 March 2024 | 50 |
NET BOOK VALUE |
At 31 March 2024 | 50 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Joint venture |
Registered office: England |
Nature of business: |
% |
Class of shares: | holding |
5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Amounts owed by joint ventures |
6. | LOANS |
An analysis of the maturity of loans is given below: |
£ |
Amounts falling due within one year or on demand: |
Bank loans |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |
The company's bank borrowings are secured by fixed and floating charges over its assets as well as assets of its joint venture undertaking. |
Hollybrook (Vauxhall) Limited (Registered number: 14633472) |
Notes to the Financial Statements - continued |
for the Period 2 February 2023 to 31 March 2024 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 100 |
100 Ordinary shares of £1 each were allotted and fully paid for |
Attached to the shares are a right to vote in general meetings, a right to receive dividends if declared by the company and a right to participate in distributions of capital, including on winding up.The shares do not confer any right of redemption. |
9. | RESERVES |
Retained |
earnings |
£ |
Profit for the period |
At 31 March 2024 |
10. | RELATED PARTY DISCLOSURES |
At the Balance Sheet date £1,462,826 was owed by the company to corporate entities controlled by its Director. These relate to advances made to fund the company's business activities. |
11. | ULTIMATE CONTROLLING PARTY |
The company's ultimate controlling party is PMC Property Group Limited, incorporated in England. |