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REGISTERED NUMBER: 06312621 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

HOLLERAN PROPERTY MANAGEMENT LIMITED

HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOLLERAN PROPERTY MANAGEMENT LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2024







DIRECTOR: Mr J M Holleran





REGISTERED OFFICE: 260 - 270
Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





BUSINESS ADDRESS: 36 William Hunt Mansions
4 Somerville Avenue
London
SW13 8HT





REGISTERED NUMBER: 06312621 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8 12

CURRENT ASSETS
Debtors 5 793,834 798,934
Cash at bank 300 2,068
794,134 801,002
CREDITORS
Amounts falling due within one year 6 575,662 561,227
NET CURRENT ASSETS 218,472 239,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,480

239,787

CREDITORS
Amounts falling due after more than one
year

7

35,562

50,630
NET ASSETS 182,918 189,157

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 182,917 189,156
SHAREHOLDERS' FUNDS 182,918 189,157

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 director acknowledges his 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.

HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)

BALANCE SHEET - 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 director and authorised for issue on 28 March 2025 and were signed by:





Mr J M Holleran - Director


HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024

1. STATUTORY INFORMATION

Holleran Property Management 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.

Turnover
Turnover represents rents received and service charge income recorded quarterly on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Investment property
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold

In accordance with the FRS 102 section 1A, fair value gains and losses are accounted for under the Fair Value Accounting Rules and hence are taken to profit or loss. No depreciation is provided in respect of investment properties.

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.

3. EMPLOYEES AND DIRECTORS

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

HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 1,024
DEPRECIATION
At 1 July 2023 1,012
Charge for year 4
At 30 June 2024 1,016
NET BOOK VALUE
At 30 June 2024 8
At 30 June 2023 12

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 793,834 798,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,233 -
Trade creditors 34,003 29,945
Corporation tax 13,792 12,668
Other creditors 516,614 515,014
Accruals and deferred income 4,020 3,600
575,662 561,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,233 -
Bank loans - 2-5 years 28,329 50,630
35,562 50,630

HOLLERAN PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 06312621)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 42,795 50,630

The director has given a personal guarantee on the loan of £200,000.

There are also fixed and floating charges over the undertakings and all property and assets.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J M Holleran, who is the majority shareholder of Holleran Group Limited.