Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03494022 Mrs Mary Holden Mr John Holden Mr James Holden Mr John Holden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03494022 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-03-31 03494022 2023-03-31 03494022 2024-03-31 03494022 2023-04-01 2024-03-31 03494022 frs-core:CurrentFinancialInstruments 2024-03-31 03494022 frs-core:Non-currentFinancialInstruments 2024-03-31 03494022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03494022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03494022 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 03494022 frs-core:PlantMachinery 2024-03-31 03494022 frs-core:PlantMachinery 2023-04-01 2024-03-31 03494022 frs-core:PlantMachinery 2023-03-31 03494022 frs-core:ShareCapital 2024-03-31 03494022 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03494022 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03494022 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03494022 frs-bus:SmallEntities 2023-04-01 2024-03-31 03494022 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03494022 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03494022 frs-bus:Director1 2023-04-01 2024-03-31 03494022 frs-bus:Director2 2023-04-01 2024-03-31 03494022 frs-bus:Director3 2023-04-01 2024-03-31 03494022 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03494022 1 2023-04-01 2024-03-31 03494022 frs-core:Non-currentFinancialInstruments 1 2024-03-31 03494022 frs-countries:EnglandWales 2023-04-01 2024-03-31 03494022 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-03-31 03494022 2022-03-31 03494022 2023-03-31 03494022 2022-04-01 2023-03-31 03494022 frs-core:CurrentFinancialInstruments 2023-03-31 03494022 frs-core:Non-currentFinancialInstruments 2023-03-31 03494022 frs-core:ShareCapital 2023-03-31 03494022 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 03494022 1 2022-04-01 2023-03-31 03494022 frs-core:Non-currentFinancialInstruments 1 2023-03-31
Registered number: 03494022
J & J Holden Homes Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03494022
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 271,003 274,592
271,003 274,592
CURRENT ASSETS
Stocks 5 2,835,979 1,489,648
Debtors 6 59,444 26,209
Cash at bank and in hand 416,716 419,133
3,312,139 1,934,990
Creditors: Amounts Falling Due Within One Year 7 (2,759,567 ) (1,271,049 )
NET CURRENT ASSETS (LIABILITIES) 552,572 663,941
TOTAL ASSETS LESS CURRENT LIABILITIES 823,575 938,533
Creditors: Amounts Falling Due After More Than One Year 8 (769,991 ) (825,472 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,467 ) (13,176 )
NET ASSETS 40,117 99,885
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 40,017 99,785
SHAREHOLDERS' FUNDS 40,117 99,885
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For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Holden
Director
20/11/2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
J & J Holden Homes Limited Registered number 03494022 is a private company limited by shares and incorporated in England & Wales. The Registered Office is 66 Derby Road, Longridge, Preston, PR3 3FE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the value of goods and services supplied by the company, net of Value Added Tax and adjusted for work in progress.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads including interest on development funding.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees during the year was as follows:
2024 2023
Directors 3 3
3 3
Page 3
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2023 205,242 146,719 351,961
Additions 11,891 1,890 13,781
As at 31 March 2024 217,133 148,609 365,742
Depreciation
As at 1 April 2023 - 77,369 77,369
Provided during the period - 17,370 17,370
As at 31 March 2024 - 94,739 94,739
Net Book Value
As at 31 March 2024 217,133 53,870 271,003
As at 1 April 2023 205,242 69,350 274,592
5. Stocks
2024 2023
£ £
Stock 654,784 921,286
Work in progress 2,181,195 568,362
2,835,979 1,489,648
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,581 416
Prepayments and accrued income 5,593 3,940
Corporation tax recoverable assets 14,666 13,897
VAT 12,604 7,956
59,444 26,209
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 104,046 15,491
Bank loans and overdrafts 5,556 5,555
Accruals and deferred income 33,891 35,003
Amounts owed to parent undertaking 2,616,074 1,215,000
2,759,567 1,271,049
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 29,169 34,722
Other creditors 740,822 790,750
769,991 825,472
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 6,944 12,500
Other Creditors 578,354 604,950
9. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured by debenture over the assets of the Company.
2024 2023
£ £
Other Creditors 3,356,896 2,005,750
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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11. Related Party Transactions
J.T.H. Construction LimitedDirectors John Holden and James Holden are also Directors of J.T.H. Construction Limited and James Holden is the sole shareholder of that Company.J.T.H. Construction Limited carried out construction work and provided marketing services for this Company during the year amounting to £90,246 (2023-£62,219) of which £5,755 (2023-£3,723) was outstanding at 31st March 2024. Profits on joint venture property development projects undertaken with this Company were payable to J.T.H. Construction Limited for the year amounting to £2,000 (2023-£30,743) and £NIL (2023-£NIL) was outstanding at 31st March 2024.

J.T.H. Construction Limited

Directors John Holden and James Holden are also Directors of J.T.H. Construction Limited and James Holden is the sole shareholder of that Company.

J.T.H. Construction Limited carried out construction work and provided marketing services for this Company during the year amounting to £90,246 (2023-£62,219) of which £5,755 (2023-£3,723) was outstanding at 31st March 2024. Profits on joint venture property development projects undertaken with this Company were payable to J.T.H. Construction Limited for the year amounting to £2,000 (2023-£30,743) and £NIL (2023-£NIL) was outstanding at 31st March 2024.

Holden Group Management LimitedDirectors John Holden and Mary Holden are also Directors and Shareholders of Holden Group Management Limited.Holden Group Management Limited owns 100% of the issued share capital in this Company. Holden Group Management Limited carried out consultancy work for this Company during the year amounting to £27,750 (2023-£21,990) of which nothing was outstanding at 31st March 2024 (2023-£NIL). This Company had a loan from Holden Group Management Limited during the year and the amount outstanding thereon at 31st March 2024 was £2,616,074 (2023-£1,215,000). The maximum amount outstanding on this loan during the year was £2,656,074 (2023-£1,215,000) and interest of £139,543 (2023-£39,030) was paid by this Company in respect of this loan. The loan was secured and repayable on demand.

Holden Group Management Limited

Directors John Holden and Mary Holden are also Directors and Shareholders of Holden Group Management Limited.

Holden Group Management Limited owns 100% of the issued share capital in this Company. Holden Group Management Limited carried out consultancy work for this Company during the year amounting to £27,750 (2023-£21,990) of which nothing was outstanding at 31st March 2024 (2023-£NIL). This Company had a loan from Holden Group Management Limited during the year and the amount outstanding thereon at 31st March 2024 was £2,616,074 (2023-£1,215,000). The maximum amount outstanding on this loan during the year was £2,656,074 (2023-£1,215,000) and interest of £139,543 (2023-£39,030) was paid by this Company in respect of this loan. The loan was secured and repayable on demand.

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