HOLIDAY OWNERSHIP LTD

Company Registration Number:
08104228 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

HOLIDAY OWNERSHIP LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

HOLIDAY OWNERSHIP LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,142 2,856
Investments: 4 925,000 925,000
Total fixed assets: 927,142 927,856
Current assets
Debtors:   11,487 1,000
Cash at bank and in hand: 5,381 28,328
Total current assets: 16,868 29,328
Creditors: amounts falling due within one year:   (334,865) (320,106)
Net current assets (liabilities): (317,997) (290,778)
Total assets less current liabilities: 609,145 637,078
Creditors: amounts falling due after more than one year:   (510,087) (511,601)
Provision for liabilities: (91,090) (91,090)
Total net assets (liabilities): 7,968 34,387
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:581,00081,000
Profit and loss account: (73,132) (46,713)
Shareholders funds: 7,968 34,387

The notes form part of these financial statements

HOLIDAY OWNERSHIP LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Mr T Philips
Status: Director

The notes form part of these financial statements

HOLIDAY OWNERSHIP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. Fixtures & Fittings - 25% reducing balance

Other accounting policies

Investment Property: Investment property is shown at its 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 taxation. Tax is recognised in the Profit and loss account, 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 taxation: 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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HOLIDAY OWNERSHIP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

HOLIDAY OWNERSHIP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 10,997
At 30 June 2024 10,997
Depreciation
At 01 July 2023 8,141
Charge for year 714
At 30 June 2024 8,855
Net book value
At 30 June 2024 2,142
At 30 June 2023 2,856

HOLIDAY OWNERSHIP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

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

HOLIDAY OWNERSHIP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Revaluation reserve

2024
£
Balance at 01 July 2023 81,000
Surplus or deficit after revaluation 0
Balance at 30 June 2024 81,000