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REGISTERED NUMBER: 04519895 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Hollymount Services Limited

Hollymount Services Limited (Registered number: 04519895)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Hollymount Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: G A Budgen
P G Budgen





SECRETARY: P G Budgen





REGISTERED OFFICE: Mereworth
Shipley Bridge Lane
Copthorne
West Sussex
RH10 3JL





REGISTERED NUMBER: 04519895 (England and Wales)





ACCOUNTANTS: Warren House Accountants Limited
4 The Courtyard
Holmsted Farm
Staplefield Road
Haywards Heath
RH17 5JF

Hollymount Services Limited (Registered number: 04519895)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 7,500 7,500

CURRENT ASSETS
Cash at bank 134 124

CREDITORS
Amounts falling due within one year 5 4,134 3,548
NET CURRENT LIABILITIES (4,000 ) (3,424 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,500

4,076

PROVISIONS FOR LIABILITIES 901 901
NET ASSETS 2,599 3,175

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Revaluation reserve 3,842 3,842
Retained earnings (16,243 ) (15,667 )
SHAREHOLDERS' FUNDS 2,599 3,175

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

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

Hollymount Services Limited (Registered number: 04519895)

Statement of Financial Position - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:




G A Budgen - Director



P G Budgen - Director


Hollymount Services Limited (Registered number: 04519895)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Hollymount Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

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

Hollymount Services Limited (Registered number: 04519895)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 7,500
NET BOOK VALUE
At 30 June 2024 7,500
At 30 June 2023 7,500

On historical costs basis these would have been included at the original cost of £2,757 (2023: £2,757) and aggregate depreciation of £nil (2023: £nil)

Cost or valuation at 30 June 2024 is represented by:
£   
Valuation in 2022 4,743
Cost 2,757
7,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to associates 3,606 3,098
Other creditors 528 450
4,134 3,548

6. RELATED PARTY DISCLOSURES

At the statement of financial position date, the company owed £3,606 (2023 - £3,098) to Alfred Budgen Ltd, a company in which the directors, G A Budgen and P G Budgen are directors and shareholders.The amount is unsecured, repayable on demand and no interest is charged.

7. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors.