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REGISTERED NUMBER: 11707405 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

HOLMEDALE VALLEY DEVELOPMENTS LTD

HOLMEDALE VALLEY DEVELOPMENTS LTD (REGISTERED NUMBER: 11707405)






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


HOLMEDALE VALLEY DEVELOPMENTS LTD

Company Information
for the year ended 31 March 2024







DIRECTORS: M A Bisicker
Ms D J D'Silva





SECRETARY:





REGISTERED OFFICE: 34a Maison Dieu
Richmond
North Yorkshire
DL10 7AU





REGISTERED NUMBER: 11707405 (England and Wales)





ACCOUNTANTS: King Hope
Chartered Accountants
31-33 Victoria Road
Darlington
Co. Durham
DL1 5SB

HOLMEDALE VALLEY DEVELOPMENTS LTD (REGISTERED NUMBER: 11707405)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks - 801,210
Debtors 4 80,122 98,595
Cash at bank 684,068 233,626
764,190 1,133,431
CREDITORS
Amounts falling due within one year 5 122,446 574,162
NET CURRENT ASSETS 641,744 559,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

641,744

559,269

CREDITORS
Amounts falling due after more than one year 6 16,666 26,666
NET ASSETS 625,078 532,603

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 624,978 532,503
SHAREHOLDERS' FUNDS 625,078 532,603

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 14 November 2024 and were signed on its behalf by:




M A Bisicker - Director


HOLMEDALE VALLEY DEVELOPMENTS LTD (REGISTERED NUMBER: 11707405)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Holmedale Valley Developments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Amounts claimed under Research and Development or Land Remediation legislation are only recognised when their recovery is reasonably expected at the date the accounts are signed.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

HOLMEDALE VALLEY DEVELOPMENTS LTD (REGISTERED NUMBER: 11707405)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 260 1,499
Other debtors - 68,808
Directors' current accounts 68,438 438
VAT 10,971 27,193
Prepayments 453 657
80,122 98,595

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Other loans - 235,271
Trade creditors 17,776 97,413
Tax 60,688 117,395
Social security and other taxes 903 1,720
Other creditors 161 -
Deferred income - 109,500
Accrued expenses 32,918 2,863
122,446 574,162

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 16,666 26,666

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans - 235,271

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Ms D J D'Silva
Balance outstanding at start of year - 50
Amounts advanced 79,000 -
Amounts repaid (45,000 ) (50 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,000 -

HOLMEDALE VALLEY DEVELOPMENTS LTD (REGISTERED NUMBER: 11707405)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M A Bisicker
Balance outstanding at start of year 488 -
Amounts advanced 79,000 15,438
Amounts repaid (45,050 ) (14,950 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,438 488