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 04584186 Mr John Holden Mr James Holden Mrs. Josephine May iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04584186 2023-03-31 04584186 2024-03-31 04584186 2023-04-01 2024-03-31 04584186 frs-core:CurrentFinancialInstruments 2024-03-31 04584186 frs-core:ShareCapital 2024-03-31 04584186 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04584186 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04584186 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04584186 frs-bus:SmallEntities 2023-04-01 2024-03-31 04584186 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04584186 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04584186 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 04584186 frs-bus:Director1 2023-04-01 2024-03-31 04584186 frs-bus:Director2 2023-04-01 2024-03-31 04584186 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04584186 1 2023-04-01 2024-03-31 04584186 frs-core:CurrentFinancialInstruments 2 2024-03-31 04584186 frs-countries:EnglandWales 2023-04-01 2024-03-31 04584186 2022-03-31 04584186 2023-03-31 04584186 2022-04-01 2023-03-31 04584186 frs-core:CurrentFinancialInstruments 2023-03-31 04584186 frs-core:ShareCapital 2023-03-31 04584186 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 04584186 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 04584186 1 2022-04-01 2023-03-31 04584186 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 04584186
Holden Group Property Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04584186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,020,000 2,294,463
2,020,000 2,294,463
CURRENT ASSETS
Debtors 5 494,909 49,541
Cash at bank and in hand 147 6,551
495,056 56,092
Creditors: Amounts Falling Due Within One Year 6 (995,995 ) (747,623 )
NET CURRENT ASSETS (LIABILITIES) (500,939 ) (691,531 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,519,061 1,602,932
NET ASSETS 1,519,061 1,602,932
CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 170,483 -
Profit and Loss Account 1,348,478 1,602,832
SHAREHOLDERS' FUNDS 1,519,061 1,602,932
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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 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Holden Group Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04584186 . The registered office is 66 Derby Road, Longridge, Preston, Lancashire, 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 rental income from property letting, net of VAT.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Deferred taxation is provided on these adjustments at current rates but current capital losses brought forward currently exceed net gains potentially chargeable in this respect.
2.4. Taxation
Taxation represents the sum of the tax currently payable.


3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Directors 2 2
3 3
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4. Investment Property
2024
£
Fair Value
As at 1 April 2023 2,294,463
Additions 181,025
Disposals (625,971 )
Fair value adjustments 170,483
As at 31 March 2024 2,020,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 289 29,541
Loan - Holden Group Management Limited 494,620 20,000
494,909 49,541
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,600 4,315
Corporation tax 26,134 16,987
VAT 3,084 2,933
Loans 950,000 720,000
Accruals and deferred income 13,177 3,388
995,995 747,623
7. Reserves
Fair Value Reserve
£
Movements in fair value reserve 170,483
As at 31 March 2024 170,483
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8. Related Party Transactions
J & M B HoldenJohn Holden and Mary Bernadette Holden, shareholders of this company, sold a commercial property to the company at its open market value of £180,000. They loaned monies to the company during the year of that sum which was outstanding at 31st March 2024. This loan is interest free and repayable on demand.

J & M B Holden

John Holden and Mary Bernadette Holden, shareholders of this company, sold a commercial property to the company at its open market value of £180,000. They loaned monies to the company during the year of that sum which was outstanding at 31st March 2024. This loan is interest free and repayable on demand.

Holden Group Management LimitedJohn Holden and Mary Bernadette Holden, shareholders of this Company, are shareholders of Holden Group Management Limited. This Company loaned £494,620 (2023-£20,000) to Holden Group Management Limited during the year and this amount was outstanding at 31st March 2024, which is the maximum amount owing during the year.. The loan is repayable on demand and interest is payable on the loan at commercial rates of which £22,162 (2023-£NIL) was received during the year.

Holden Group Management Limited

John Holden and Mary Bernadette Holden, shareholders of this Company, are shareholders of Holden Group Management Limited. This Company loaned £494,620 (2023-£20,000) to Holden Group Management Limited during the year and this amount was outstanding at 31st March 2024, which is the maximum amount owing during the year.. The loan is repayable on demand and interest is payable on the loan at commercial rates of which £22,162 (2023-£NIL) was received during the year.

Holdens Estate Agents LimitedThe son of the sole shareholder of this Company is the sole shareholder in Holdens Estate Agents Limited which paid rent to this Company during the year on commercial premises it occupies amounting to £12,000 (2023-£12,000). The amount owed to this Company in this respect at 31st March 2024 was £NIL (2023-£NIL).

Holdens Estate Agents Limited

The son of the sole shareholder of this Company is the sole shareholder in Holdens Estate Agents Limited which paid rent to this Company during the year on commercial premises it occupies amounting to £12,000 (2023-£12,000). The amount owed to this Company in this respect at 31st March 2024 was £NIL (2023-£NIL).

The above transactions were carried out on normal commercial terms in furtherance of the interests of the respective parties.
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