Registered number
13450307
Hollingreave Ltd
Filleted Accounts
30 June 2024
Hollingreave Ltd
Registered number: 13450307
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 163,658 75,394
Current assets
Cash at bank and in hand 644 35
Creditors: amounts falling due within one year 4 (82,525) (72,087)
Net current liabilities (81,881) (72,052)
Total assets less current liabilities 81,777 3,342
Creditors: amounts falling due after more than one year 5 (65,480) -
Net assets 16,297 3,342
Capital and reserves
Called up share capital 30 30
Revaluation reserve 6 14,606 -
Profit and loss account 1,661 3,312
Shareholder's funds 16,297 3,342
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Leon Tauber
Director
Approved by the board on 21 March 2025
Hollingreave Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments and investment properties are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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 or 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Investment property
£
Cost
At 1 July 2023 75,394
Additions 73,658
Surplus on revaluation 14,606
At 30 June 2024 163,658
Depreciation
At 30 June 2024 -
Net book value
At 30 June 2024 163,658
At 30 June 2023 75,394
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 1,916
Taxation and social security costs - 777
Other creditors 82,525 69,394
82,525 72,087
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 65,480 -
6 Revaluation reserve 2024 2023
£ £
Gain on revaluation of land and buildings 14,606 -
At 30 June 2024 14,606 -
7 Other information
Hollingreave Ltd is a private company limited by shares and incorporated in England. Its registered office is:
34 Waterpark Road
Salford
M7 4ET
Hollingreave Ltd 13450307 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 Leon Tauber No description of principal activity 13450307 2022-07-01 2023-06-30 13450307 core:RevaluationReserve core:LandBuildings 2022-07-01 2023-06-30 13450307 core:WithinOneYear 2023-06-30 13450307 core:AfterOneYear 2023-06-30 13450307 core:ShareCapital 2023-06-30 13450307 core:OtherReservesSubtotal 2023-06-30 13450307 core:RetainedEarningsAccumulatedLosses 2023-06-30 13450307 core:RevaluationReserve 2023-06-30 13450307 2023-07-01 2024-06-30 13450307 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13450307 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13450307 bus:Director40 2023-07-01 2024-06-30 13450307 1 2023-07-01 2024-06-30 13450307 2 2023-07-01 2024-06-30 13450307 core:LandBuildings 2023-07-01 2024-06-30 13450307 core:RevaluationReserve core:LandBuildings 2023-07-01 2024-06-30 13450307 countries:England 2023-07-01 2024-06-30 13450307 bus:FRS102 2023-07-01 2024-06-30 13450307 bus:FilletedAccounts 2023-07-01 2024-06-30 13450307 2024-06-30 13450307 core:WithinOneYear 2024-06-30 13450307 core:AfterOneYear 2024-06-30 13450307 core:ShareCapital 2024-06-30 13450307 core:OtherReservesSubtotal 2024-06-30 13450307 core:RetainedEarningsAccumulatedLosses 2024-06-30 13450307 core:LandBuildings 2024-06-30 13450307 core:RevaluationReserve 2024-06-30 13450307 2023-06-30 13450307 core:LandBuildings 2023-06-30 iso4217:GBP xbrli:pure