2 2 Holbee Limited 10360924 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of information technology consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 10360924 2023-10-01 2024-09-30 10360924 2024-09-30 10360924 bus:OrdinaryShareClass1 2024-09-30 10360924 bus:OrdinaryShareClass2 2024-09-30 10360924 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 10360924 core:FurnitureFittingsToolsEquipment 2024-09-30 10360924 bus:SmallEntities 2023-10-01 2024-09-30 10360924 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10360924 bus:FilletedAccounts 2023-10-01 2024-09-30 10360924 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10360924 bus:RegisteredOffice 2023-10-01 2024-09-30 10360924 bus:Director1 2023-10-01 2024-09-30 10360924 bus:Director2 2023-10-01 2024-09-30 10360924 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 10360924 bus:OrdinaryShareClass2 2023-10-01 2024-09-30 10360924 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10360924 bus:Agent1 2023-10-01 2024-09-30 10360924 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 10360924 core:OfficeEquipment 2023-10-01 2024-09-30 10360924 countries:EnglandWales 2023-10-01 2024-09-30 10360924 2023-09-30 10360924 core:FurnitureFittingsToolsEquipment 2023-09-30 10360924 2022-10-01 2023-09-30 10360924 2023-09-30 10360924 bus:OrdinaryShareClass1 2023-09-30 10360924 bus:OrdinaryShareClass2 2023-09-30 10360924 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 10360924 core:FurnitureFittingsToolsEquipment 2023-09-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 10360924

Holbee Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Holbee Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Holbee Limited

Company Information

Directors

Mr Colin Hollingsbee

Mrs Esther Hollingsbee

Registered office

4 Sunnyhill Cottages
Munsgore Lane
Borden
Sittingbourne
Kent
ME9 8JT

Accountants

Stilltho Limited 5 West Street
Hunton
Maidstone
Kent
ME15 0RS

 

Holbee Limited

(Registration number: 10360924)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

70

106

Current assets

 

Cash at bank and in hand

 

114,871

65,219

Creditors: Amounts falling due within one year

5

(40,121)

(15,528)

Net current assets

 

74,750

49,691

Net assets

 

74,820

49,797

Capital and reserves

 

Called up share capital

6

2

2

Retained earnings

74,818

49,795

Shareholders' funds

 

74,820

49,797

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 January 2025 and signed on its behalf by:
 

.........................................
Mrs Esther Hollingsbee
Director

 

Holbee Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Sunnyhill Cottages
Munsgore Lane
Borden
Sittingbourne
Kent
ME9 8JT
England

These financial statements were authorised for issue by the Board on 30 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Holbee Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Going concern

Judgements

Judgements The company may be required to make estimates and assumptions concerning the future. These estimates and judgements are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The resulting accounting estimates will, by definition, seldom equal the related actual results. The principal areas where judgement was exercised are as follows:

i) Recoverability of trade debtors: the directors annually assess whether a bad debt provision is required for any bad or doubtful debtor balances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33.3% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Holbee Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Holbee Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 October 2023

1,736

1,736

At 30 September 2024

1,736

1,736

Depreciation

At 1 October 2023

1,630

1,630

Charge for the year

36

36

At 30 September 2024

1,666

1,666

Carrying amount

At 30 September 2024

70

70

At 30 September 2023

106

106

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

38,266

14,495

Accruals and deferred income

950

763

Other creditors

905

270

40,121

15,528

 

Holbee Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £0.01 each

100

1

100

1

Ordinary B of £0.01 each

100

1

100

1

200

2

200

2