IRIS Accounts Production v24.3.2.46 09352908 director 1.4.23 31.3.24 31.3.24 26.3.25 0 0 true false true true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093529082023-03-31093529082024-03-31093529082023-04-012024-03-31093529082022-03-31093529082022-04-012023-03-31093529082023-03-3109352908ns15:EnglandWales2023-04-012024-03-3109352908ns14:PoundSterling2023-04-012024-03-3109352908ns10:Director12023-04-012024-03-3109352908ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109352908ns10:SmallEntities2023-04-012024-03-3109352908ns10:Audited2023-04-012024-03-3109352908ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109352908ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109352908ns10:FullAccounts2023-04-012024-03-3109352908ns10:RegisteredOffice2023-04-012024-03-3109352908ns5:CurrentFinancialInstruments2024-03-3109352908ns5:CurrentFinancialInstruments2023-03-3109352908ns5:ShareCapital2024-03-3109352908ns5:ShareCapital2023-03-3109352908ns5:RetainedEarningsAccumulatedLosses2024-03-3109352908ns5:RetainedEarningsAccumulatedLosses2023-03-3109352908ns5:CostValuation2023-03-3109352908ns5:DisposalsRepaymentsInvestments2024-03-3109352908ns5:CostValuation2024-03-3109352908ns5:Subsidiary22023-04-012024-03-31093529083ns5:Subsidiary22023-04-012024-03-3109352908ns5:Subsidiary32023-04-012024-03-3109352908ns5:Subsidiary352023-04-012024-03-3109352908ns5:Subsidiary42023-04-012024-03-31093529087ns5:Subsidiary42023-04-012024-03-3109352908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109352908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 09352908 (England and Wales)






















Financial Statements

for the Year Ended 31 March 2024

for

Neil Hudgell Holdings Ltd

Neil Hudgell Holdings Ltd (Registered number: 09352908)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Neil Hudgell Holdings Ltd

Company Information
for the year ended 31 March 2024







DIRECTOR: N Hudgell





REGISTERED OFFICE: No 2 At The Dock
46 Humber Street
Hull
East Riding
HU1 1TU





REGISTERED NUMBER: 09352908 (England and Wales)





AUDITORS: Bennett Brooks & Co Limited
Chartered Accountants
& Statutory Auditors
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Neil Hudgell Holdings Ltd (Registered number: 09352908)

Balance Sheet
31 March 2024

2024 2023
(Unaudited)
Notes £ £
FIXED ASSETS
Investments 4 2 10,002

CURRENT ASSETS
Debtors 5 20,000 -

CREDITORS
Amounts falling due within one year 6 (2 ) (2 )
NET CURRENT ASSETS/(LIABILITIES) 19,998 (2 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,000

10,000

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 10,000 -
20,000 10,000

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 director and authorised for issue on 26 March 2025 and were signed by:





N Hudgell - Director


Neil Hudgell Holdings Ltd (Registered number: 09352908)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Neil Hudgell 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 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis under the historical cost convention in accordance with the Companies Act 2006.

The preparation of financial statements in conformity with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company's accounting policies.

The company is exempt by virtue of section 383 of the Companies Act from the requirement to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Dividends
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

3. EMPLOYEES AND DIRECTORS

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

Neil Hudgell Holdings Ltd (Registered number: 09352908)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 April 2023 10,002
Disposals (10,000 )
At 31 March 2024 2
NET BOOK VALUE
At 31 March 2024 2
At 31 March 2023 10,002

The company's investments at the Balance Sheet date in the share capital of companies include the following:


Neil Hudgell (Leeds) Limited
Registered office: No 2 At The Dock, 46 Humber Street, Hull, East Riding, England, HU1 1TU
Nature of business: Dormant Company
%
Class of shares: holding
Ordinary 100.00

Neil Hudgell (London) Limited
Registered office: No 2 At The Dock, 46 Humber Street, Hull, East Riding, England, HU1 1TU
Nature of business: Dormant Company
%
Class of shares: holding
Ordinary 100.00

Kingston Developments 1882 Limited
Registered office: No 2 At The Dock, 46 Humber Street, Hull, East Riding, England, HU1 1TU
Nature of business: Residential Property
%
Class of shares: holding
Ordinary 51.00

On 8 December 2023 Neil Hudgell Ltd, owned by Neil Hudgell Holdings Ltd, was demerged from the group as part of a restructure to facilitate the sale of Neil Hudgell Ltd to an EOT.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
(Unaudited)
£ £
Other debtors 20,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
(Unaudited)
£ £
Other creditors 2 2

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

The Report of the Auditors was unqualified.

Jason Leach FCA (Senior Statutory Auditor)
for and on behalf of Bennett Brooks & Co Limited

Neil Hudgell Holdings Ltd (Registered number: 09352908)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

8. ULTIMATE CONTROLLING PARTY

Up until 8 December 2023 Neil Hudgell Group Limited was regarded by the director as being the company's ultimate parent company. The registered address is No 2 @ The Dock, 46 Humber Street, Hull, HU1 1TU. Following a group reorganisation dated 8 December 2023, the company's ultimate parent company became Hudgell Property Holdings Limited. The immediate parent continues to be Neil Hudgell Group Limited.

The ultimate controlling party is N Hudgell.