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REGISTERED NUMBER: 03702921 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

HOLAW (479) LIMITED

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 5


HOLAW (479) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: E M Lyons
Ms. C Lyons





SECRETARY: B Meah





REGISTERED OFFICE: Cole Street Studios
6-8 Cole Street
London
SE1 4YH





REGISTERED NUMBER: 03702921 (England and Wales)





ACCOUNTANTS: EZ ACCOUNTING
Chartered Certified Accountants
Cole Street Studios
6-8 Cole Street
London
SE1 4YH

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

30.4.24 30.4.23
Notes £    £   

TURNOVER - -

Administrative expenses 164,166 219,019
(164,166 ) (219,019 )

Other operating income 211,041 201,412
OPERATING PROFIT/(LOSS) 4 46,875 (17,607 )


Interest payable and similar expenses 129,436 87,151
LOSS BEFORE TAXATION (82,561 ) (104,758 )

Tax on loss 70,098 34,643
LOSS FOR THE FINANCIAL YEAR (152,659 ) (139,401 )

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 6,117 8,156
Investment property 6 4,006,720 4,006,720
4,012,837 4,014,876

CURRENT ASSETS
Debtors 7 106,679 194,069
Cash at bank 10,154 13,233
116,833 207,302
CREDITORS
Amounts falling due within one year 8 422,268 432,215
NET CURRENT LIABILITIES (305,435 ) (224,913 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,707,402

3,789,963

CREDITORS
Amounts falling due after more than one
year

9

(1,584,334

)

(1,584,334

)

PROVISIONS FOR LIABILITIES 10 (532,518 ) (462,420 )
NET ASSETS 1,590,550 1,743,209

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 11 1,456,263 1,456,263
Retained earnings 134,285 286,944
1,590,550 1,743,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





E M Lyons - Director


HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Holaw (479) 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 accounting
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

Fixed assets
All fixed assets are initially recorded at cost.

Investment properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

Properties are valued by the directors with reference to the values of similar properties in the local area.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Income Statement and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

3. EMPLOYEES AND DIRECTORS

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

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

30.4.24 30.4.23
£    £   
Depreciation - owned assets 2,039 2,719

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 14,500
DEPRECIATION
At 1 May 2023 6,344
Charge for year 2,039
At 30 April 2024 8,383
NET BOOK VALUE
At 30 April 2024 6,117
At 30 April 2023 8,156

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 4,006,720
NET BOOK VALUE
At 30 April 2024 4,006,720
At 30 April 2023 4,006,720

If the properties had not been stated at valuation, their historic costs at 30 April 2024 was £999,087 (2023: £999,087).


The investment properties are let under operating leases and are valued by the directors with reference to the values of similar properties in the local area.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 106,679 194,069

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 422,268 432,215

HOLAW (479) LIMITED (REGISTERED NUMBER: 03702921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 1,584,334 1,584,334

The above liabilities disclosed under creditors falling due after more than one year are secured by the company.

10. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 532,518 462,420

Deferred
tax
£   
Balance at 1 May 2023 462,420
Provided during year 70,098
Balance at 30 April 2024 532,518

11. RESERVES
Revaluatio
reserve
£   
At 1 May 2023
and 30 April 2024 1,456,263

12. RELATED PARTY TRANSACTIONS

Mr E Lyons has given a personal guarantee over the company's bank borrowings.