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REGISTERED NUMBER: 01264034 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HOLLINS BUILDING SUPPLIES LIMITED

HOLLINS BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01264034)






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




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


HOLLINS BUILDING SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr D Pearson
Mrs E Pearson



SECRETARY: Mrs E Pearson



REGISTERED OFFICE: 15 Hollins Lane
Marple
Cheshire
SK6 6AW



REGISTERED NUMBER: 01264034 (England and Wales)



ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH



BANKERS: Yorkshire Bank plc
34 Princess Street
Stockport
SK1 1RE

HOLLINS BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01264034)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 220,410 229,693

CURRENT ASSETS
Stocks 55,000 64,500
Debtors 5 7,904 9,213
Cash at bank and in hand 364,274 346,284
427,178 419,997
CREDITORS
Amounts falling due within one year 6 57,449 61,947
NET CURRENT ASSETS 369,729 358,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

590,139

587,743

PROVISIONS FOR LIABILITIES 2,208 2,149
NET ASSETS 587,931 585,594

CAPITAL AND RESERVES
Called up share capital 7 83 83
Capital redemption reserve 17 17
Retained earnings 587,831 585,494
SHAREHOLDERS' FUNDS 587,931 585,594

HOLLINS BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01264034)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2024 and were signed on its behalf by:





Mr D Pearson - Director


HOLLINS BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01264034)

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

1. STATUTORY INFORMATION

Hollins Building Supplies 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

HOLLINS BUILDING SUPPLIES LIMITED (REGISTERED NUMBER: 01264034)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 305,138 67,895 373,033
Additions - 335 335
At 31 March 2024 305,138 68,230 373,368
DEPRECIATION
At 1 April 2023 90,632 52,708 143,340
Charge for year 6,103 3,515 9,618
At 31 March 2024 96,735 56,223 152,958
NET BOOK VALUE
At 31 March 2024 208,403 12,007 220,410
At 31 March 2023 214,506 15,187 229,693

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 1,695 1,804
Other debtors 6,209 7,409
7,904 9,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 23,371 31,131
Taxation and social security 27,084 23,671
Other creditors 6,994 7,145
57,449 61,947

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
83 Ordinary £1 83 83

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr D Pearson, a director.