Company registration number 14647792 (England and Wales)
Hall and Rhodes Holdings Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 30 June 2024
PAGES FOR FILING WITH REGISTRAR
Hall and Rhodes Holdings Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Hall and Rhodes Holdings Ltd
Statement of financial position
as at 30 June 2024
- 1 -
2024
Notes
£
£
Fixed assets
Investments
4
689,346
Current assets
Cash at bank and in hand
130
Creditors: amounts falling due within one year
5
(564,346)
Net current liabilities
(564,216)
Net assets
125,130
Capital and reserves
Called up share capital
130
Profit and loss reserves
125,000
Total equity
125,130
For the financial period ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 25 October 2024
S Beeby
Director
Company registration number 14647792 (England and Wales)
Hall and Rhodes Holdings Ltd
Notes to the financial statements
for the period ended 30 June 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
1
Hall and Rhodes Holdings Ltd
Notes to the financial statements (continued)
for the period ended 30 June 2024
- 3 -
4
Fixed asset investments
2024
£
Shares in group undertakings and participating interests
689,346
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 8 February 2023
-
Additions
689,346
At 30 June 2024
689,346
Carrying amount
At 30 June 2024
689,346
5
Creditors: amounts falling due within one year
2024
£
Amounts owed to group undertakings
237,149
Other creditors
327,197
564,346
6
Company information
Hall and Rhodes Holdings Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 138-140 Blackmoor Foot Road, Huddersfield, West Yorkshire, HD4 5RL.