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REGISTERED NUMBER: 12369456 (England and Wales)















HOLLYBANK QUARRY LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2024






HOLLYBANK QUARRY LIMITED (REGISTERED NUMBER: 12369456)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

HOLLYBANK QUARRY LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C R Davenhill
A Patrick-Smith
K I Preston
M A Rowlands





SECRETARY: P Sykes





REGISTERED OFFICE: Dreadnought Works
Pensnett
Brierley Hill
West Midlands
DY5 4TH





REGISTERED NUMBER: 12369456 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

HOLLYBANK QUARRY LIMITED (REGISTERED NUMBER: 12369456)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,441,987 1,717,056

CURRENT ASSETS
Stocks 199,587 161,178
Debtors 5 325,740 329,937
Cash at bank 1,540,390 1,408,465
2,065,717 1,899,580
CREDITORS
Amounts falling due within one year 6 430,221 497,311
NET CURRENT ASSETS 1,635,496 1,402,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,077,483

3,119,325

CAPITAL AND RESERVES
Called up share capital 2,759,690 2,759,690
Retained earnings 317,793 359,635
3,077,483 3,119,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 October 2024 and were signed on its behalf by:




A Patrick-Smith - Director


HOLLYBANK QUARRY LIMITED (REGISTERED NUMBER: 12369456)

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


1. STATUTORY INFORMATION

Hollybank Quarry Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and Straight line over remaining UEL

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

HOLLYBANK QUARRY LIMITED (REGISTERED NUMBER: 12369456)

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


4. TANGIBLE FIXED ASSETS
Freehold Plant and Mobile Mineral
property machinery plant reserves Totals
£    £    £    £    £   
COST
At 1 April 2023 483,929 214,086 20,565 1,995,238 2,713,818
Additions - 4,528 - - 4,528
At 31 March 2024 483,929 218,614 20,565 1,995,238 2,718,346
DEPRECIATION
At 1 April 2023 - 63,716 12,390 920,656 996,762
Charge for year - 23,065 2,044 254,488 279,597
At 31 March 2024 - 86,781 14,434 1,175,144 1,276,359
NET BOOK VALUE
At 31 March 2024 483,929 131,833 6,131 820,094 1,441,987
At 31 March 2023 483,929 150,370 8,175 1,074,582 1,717,056

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 325,403 329,613
Other debtors 337 324
325,740 329,937

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 116,908 70,756
Amounts owed to participating interests 29,467 139,596
Taxation and social security 133,329 104,923
Other creditors 150,517 182,036
430,221 497,311

7. RELATED PARTY DISCLOSURES

Included in turnover for the year was £141,008 sales made to a company controlled by the same shareholders. At the balance sheet date the company owed that entity £29,467 (2023: £139,596).

8. ULTIMATE CONTROLLING PARTY

The controlling party is Davenhill Quarries Holdings Limited.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hollybank Quarry Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hollybank Quarry Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hollybank Quarry Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hollybank Quarry Limited and state those matters that we have agreed to state to the Board of Directors of Hollybank Quarry Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hollybank Quarry Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hollybank Quarry Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hollybank Quarry Limited. You consider that Hollybank Quarry Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hollybank Quarry Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


30 October 2024