PTP Accounts Production v24.3.2.46 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh023289742023-03-31023289742024-03-31023289742023-04-012024-03-31023289742022-03-31023289742022-04-012023-03-31023289742023-03-3102328974ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3102328974ns15:PoundSterling2023-04-012024-03-3102328974ns11:FRS1022023-04-012024-03-3102328974ns11:IndependentExaminationCharity2023-04-012024-03-3102328974ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102328974ns11:FullAccounts2023-04-012024-03-3102328974ns11:CharitiesSORP2023-04-012024-03-3102328974ns16:EnglandWales2023-04-012024-03-3102328974ns11:RegisteredOffice2023-04-012024-03-3102328974ns0:Trustee22023-04-012024-03-3102328974ns0:Trustee12023-04-012024-03-3102328974ns0:Trustee32023-04-012024-03-3102328974ns0:Trustee42023-04-012024-03-3102328974ns11:CompanySecretary12023-04-012024-03-3102328974ns10:WithinOneYear2024-03-3102328974ns10:WithinOneYear2023-03-3102328974ns0:TotalUnrestrictedFunds2024-03-310232897422023-04-012024-03-3102328974ns10:OwnedAssets2023-04-012024-03-3102328974ns10:OwnedAssets2022-04-012023-03-3102328974ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-3102328974ns10:FurnitureFittings2023-03-3102328974ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-012024-03-3102328974ns10:FurnitureFittings2023-04-012024-03-3102328974ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-03-3102328974ns10:FurnitureFittings2024-03-3102328974ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-3102328974ns10:FurnitureFittings2023-03-3102328974ns10:ListedExchangeTradedns10:CostValuation2023-03-3102328974ns10:RevaluationsIncreaseDecreaseInInvestmentsns10:ListedExchangeTraded2024-03-3102328974ns10:ListedExchangeTradedns10:CostValuation2024-03-31
REGISTERED COMPANY NUMBER: 02328974
REGISTERED CHARITY NUMBER: 803149














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Holdville Limited

Holdville Limited






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




Page

Report of the Trustees 1

Independent Examiner's Report 2

Statement of Financial Activities 3

Balance Sheet 4 to 5

Notes to the Financial Statements 6 to 11

Holdville Limited (Registered number: 02328974)

Report of the Trustees
for the Year Ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02328974 (Not specified/Other)

Registered Charity number
803149

Registered office
4 Quex Road
London
NW6 4PJ

Trustees
Mrs. E. Hoffman
Mrs. M. Feingold
Mrs. A. Gefilhaus
Mrs. N. Brenig

Company Secretary

Independent Examiner
Purcells
Chartered Accountants
4 Quex Road
London
NW6 4PJ

Approved by order of the board of trustees on 24 December 2024 and signed on its behalf by:





Mrs. M. Feingold - Trustee

Independent Examiner's Report to the Trustees of
Holdville Limited

Independent examiner's report to the trustees of Holdville Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








D. Zaroovabeli, A.C.A

Purcells
Chartered Accountants
4 Quex Road
London
NW6 4PJ

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

Holdville Limited

Statement of Financial Activities
for the Year Ended 31 March 2024

31.3.24 31.3.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM

Investment income 2 55,730 249,664

EXPENDITURE ON
Charitable activities
Charitable donations paid 427,351 5,485,377
Support costs 199 4,140

Investment management costs 29,453 55,033
Total 457,003 5,544,550

Net gains/(losses) on investments (391 ) 160,971

NET INCOME/(EXPENDITURE) (401,664 ) (5,133,915 )


RECONCILIATION OF FUNDS
Total funds brought forward 1,954,769 7,088,684

TOTAL FUNDS CARRIED FORWARD 1,553,105 1,954,769

Holdville Limited (Registered number: 02328974)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Total Total
funds funds
Notes £    £   
FIXED ASSETS
Tangible assets 6 1,150,009 1,150,011
Investments 7 7,153 7,544
1,157,162 1,157,555

CURRENT ASSETS
Debtors 8 4,112 4,112
Cash at bank 558,996 966,075
563,108 970,187

CREDITORS
Amounts falling due within one year 9 (167,165 ) (172,973 )

NET CURRENT ASSETS 395,943 797,214

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,553,105

1,954,769

NET ASSETS 1,553,105 1,954,769
FUNDS 10
Unrestricted funds 1,553,105 1,954,769
TOTAL FUNDS 1,553,105 1,954,769

The charitable 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 trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.


Holdville Limited (Registered number: 02328974)

Balance Sheet - continued
31 March 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 24 December 2024 and were signed on its behalf by:





M. Feingold - Trustee

Holdville Limited

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

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.



Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


Holdville Limited

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

2. INVESTMENT INCOME
31.3.24 31.3.23
£    £   
Rents received 49,889 245,748
Dividend income 413 278
Interest receivable 5,428 3,638
55,730 249,664

3. GRANTS PAYABLE

CHARITABLE DONATIONS 31.3.24 31.3.23

Achisomoch Aid Company Limited 6,800
Chaim Bechesed 15,000
Beis Chinuch Primary School Limited 1,600
Beis Soroh Schenierer Seminary 1,500
Beth Jacob Foundation 850
Comet Charities 33,500
Ezer Viznitz 1,000
Gateshead Yeshiva 2,500
Kahal Imrei Chaim 1,000
Kehillas M Haddas 3,000
Keren Amha 75,000
L & N Brenig Trust 75,000
Matan Esther Limited 75,000
Meonorah High School 1,500
Mercaz Torah Vechesed 15,000
Moreshat Hatorah 92,000
North London Welfare & Educational 5,000
Shir Chesed Beis 10,000
Tomchai Torah BAM 10,000
Youth Start 300


Total for the year 425,550 5,485,096

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.24 31.3.23
£    £   
Depreciation - owned assets 2 3


Holdville Limited

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

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


6. TANGIBLE FIXED ASSETS
UK
freehold
and
leasehold
properties Fixtures
and and
improvements fittings Totals
£    £    £   
COST
At 1 April 2023 and 31 March 2024 1,150,000 40,998 1,190,998
DEPRECIATION
At 1 April 2023 - 40,987 40,987
Charge for year - 2 2
At 31 March 2024 - 40,989 40,989
NET BOOK VALUE
At 31 March 2024 1,150,000 9 1,150,009
At 31 March 2023 1,150,000 11 1,150,011

The UK freehold and leasehold properties and improvements are shown at valuation. Their original cost/transfer value is £3,819,732.


Holdville Limited

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

7. FIXED ASSET INVESTMENTS
Quoted
investments
£   
MARKET VALUE
At 1 April 2023 12,876
Revaluation for this year (391 )
At 31 March 2024 12,485
PROVISIONS
At 1 April 2023 and 31 March 2024 5,332
NET BOOK VALUE
At 31 March 2024 7,153
At 31 March 2023 7,544

There were no investment assets outside the UK.

The fixed asset investments are recognised at valuation.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Prepayments & accrued income 4,112 4,112

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Rent received in advance 1,570 6,250
Related party loan - Rokach Family Charitable Trust 119,514 119,514
Directors' loan account 40,801 38,749
Accruals 5,280 8,460
167,165 172,973


Holdville Limited

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

10. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 1,954,769 (401,664 ) 1,553,105

TOTAL FUNDS 1,954,769 (401,664 ) 1,553,105

Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 55,730 (457,003 ) (391 ) (401,664 )

TOTAL FUNDS 55,730 (457,003 ) (391 ) (401,664 )


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 7,088,684 (5,133,915 ) 1,954,769

TOTAL FUNDS 7,088,684 (5,133,915 ) 1,954,769

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£    £    £    £   
Unrestricted funds
General fund 249,664 (5,544,550 ) 160,971 (5,133,915 )

TOTAL FUNDS 249,664 (5,544,550 ) 160,971 (5,133,915 )


Holdville Limited

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

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.