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REGISTERED NUMBER: 03750749 (England and Wales)












Audited Financial Statements

for the Year Ended 29 June 2024

for

And Holdings Ltd

And Holdings Ltd (Registered number: 03750749)






Contents of the Financial Statements
for the Year Ended 29 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


And Holdings Ltd

Company Information
for the Year Ended 29 June 2024







DIRECTORS: Mr I A Robinson
Mr R A Howes





SECRETARY: Mr R A Howes





REGISTERED OFFICE: Tanners Bank
North Shields
Tyne and Wear
NE30 1JH





REGISTERED NUMBER: 03750749 (England and Wales)





AUDITORS: CLA Evelyn Partners Limited
17 Queens Lane
Newcastle
NE1 1RN

And Holdings Ltd (Registered number: 03750749)

Balance Sheet
29 June 2024

2024 2023
Notes $    $   
FIXED ASSETS
Investments 5 850,378 850,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

850,378

850,378

CAPITAL AND RESERVES
Called up share capital 158,714 158,714
Share premium 691,664 691,664
850,378 850,378

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





Mr R A Howes - Director


And Holdings Ltd (Registered number: 03750749)

Notes to the Financial Statements
for the Year Ended 29 June 2024

1. STATUTORY INFORMATION

And Holdings 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 US Dollar ($).


Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

During the current and previous accounting periods the company is a non trading holding company.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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 and other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Current and deferred tax assets and liabilities are not discounted.

Foreign currencies
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

4. EMPLOYEES AND DIRECTORS

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

And Holdings Ltd (Registered number: 03750749)

Notes to the Financial Statements - continued
for the Year Ended 29 June 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
$   
COST
At 30 June 2023
and 29 June 2024 850,378
NET BOOK VALUE
At 29 June 2024 850,378
At 29 June 2023 850,378

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Craig Henderson (Senior Statutory Auditor)
for and on behalf of CLA Evelyn Partners Limited

7. ULTIMATE CONTROLLING PARTY

Broadband Satellite Services Limited is regarded by the directors as being the company's ultimate parent company.

A copy of the consolidated financial statements can be obtained via the Companies House website.

The ultimate controlling party is Mr B Howes and Mr I Robinson through their shareholding in Broadband Satellite Services Limited.