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REGISTERED NUMBER: 04174169 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HOLLINGARTH LIMITED

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


HOLLINGARTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr R Rowley
Mrs D Rowley





SECRETARY: Mr R Rowley





REGISTERED OFFICE: 1 Prospect Road
Barrow-in-Furness
Cumbria
LA13 9AA





REGISTERED NUMBER: 04174169 (England and Wales)





ACCOUNTANTS: R F Miller & Co
Double Tree Court
10A Cavendish St
Ulverston
Cumbria
LA12 7AD

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HOLLINGARTH 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 accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the
accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has
been undertaken to prepare for approval by the director the financial statements that we have been
engaged to compile, to report to the director that we have done so, and to state those matters that
we have agreed to state to them in this report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the Company and
the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at 31 March 2024 your duty to ensure
that the company has kept proper accounting records and to prepare financial statements that give
a true and fair view under the Companies Act 2006. You consider that the company is exempt from
the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial
statements.






R F Miller & Co
Double Tree Court
10A Cavendish St
Ulverston
Cumbria
LA12 7AD


Date: .............................................

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 565,790 506,870
Investment property 5 1,189,622 1,762,560
1,755,412 2,269,430

CURRENT ASSETS
Debtors 6 12,071 8,815
Cash at bank and in hand 77,886 139,460
89,957 148,275
CREDITORS
Amounts falling due within one year 7 103,288 123,098
NET CURRENT (LIABILITIES)/ASSETS (13,331 ) 25,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,742,081

2,294,607

CREDITORS
Amounts falling due after more than one
year

8

(308,045

)

(633,687

)

PROVISIONS FOR LIABILITIES (13,084 ) (13,084 )
NET ASSETS 1,420,952 1,647,836

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 1,419,952 1,646,836
SHAREHOLDERS' FUNDS 1,420,952 1,647,836

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.

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

BALANCE SHEET - continued
31 MARCH 2024


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 25 November 2024 and were signed on its behalf by:




Mr R Rowley - Director



Mrs D Rowley - Director


HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Hollingarth 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

GOVERNMENT GRANTS
Government grants in respect of capital expenditure are credited to the relevant asset addition so as to match them with the expenditure to which they relate.

Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 64 (2023 - 60 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 1 April 2023 443,364 35,472 9,939
Additions - - -
Disposals - - -
At 31 March 2024 443,364 35,472 9,939
DEPRECIATION
At 1 April 2023 - 1,419 9,846
Charge for year - 1,419 24
Eliminated on disposal - - -
At 31 March 2024 - 2,838 9,870
NET BOOK VALUE
At 31 March 2024 443,364 32,634 69
At 31 March 2023 443,364 34,053 93

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 139,793 17,740 646,308
Additions 67,660 - 67,660
Disposals (1,186 ) - (1,186 )
At 31 March 2024 206,267 17,740 712,782
DEPRECIATION
At 1 April 2023 113,590 14,583 139,438
Charge for year 6,486 789 8,718
Eliminated on disposal (1,164 ) - (1,164 )
At 31 March 2024 118,912 15,372 146,992
NET BOOK VALUE
At 31 March 2024 87,355 2,368 565,790
At 31 March 2023 26,203 3,157 506,870

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,762,560
Additions 4,190
Disposals (577,128 )
At 31 March 2024 1,189,622
NET BOOK VALUE
At 31 March 2024 1,189,622
At 31 March 2023 1,762,560

The freehold and leasehold properties were valued by the directors on 31 March 2013. The directors consider that the above value is a true representation of the market value as at 31 March 2023.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,585 11,066
Provision for bad debts (3,594 ) (4,095 )
Prepayments 2,080 1,844
12,071 8,815

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 34,598 34,598
Trade creditors 38,838 2,400
Corporation tax 6,740 63,844
Social security and other taxes 5,985 -
Business card account 2,591 2,335
Directors' current accounts 639 1,032
Accruals and deferred income 5,924 7,872
Accrued expenses 7,973 11,017
103,288 123,098

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 138,393 138,393
Bank loans over 5 years 169,652 495,294
308,045 633,687

HOLLINGARTH LIMITED (REGISTERED NUMBER: 04174169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years 169,652 495,294

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 Shares £1 1,000 1,000

10. RESERVES
Retained
earnings
£   

At 1 April 2023 1,646,836
Deficit for the year (51,884 )
Dividends (175,000 )
At 31 March 2024 1,419,952

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors are amounts due to the directors of £639 (2023: £1,032). The directors' current account was not overdrawn at any time during the current or previous years.

12. RELATED PARTY DISCLOSURES

During the year the directors, Mr R Rowley and Mrs D Rowley jointly received a dividend of £175,000 (2023: £159,400)

13. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the current and previous years, who jointly own 100% of the issued share capital of the company.