Registered number
10664269
HOLZ PANELS LTD
Filleted Accounts
31 March 2025
HOLZ PANELS LTD
Registered number: 10664269
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 2,762 3,738
Current assets
Stocks 43,250 44,580
Debtors 4 47,029 30,667
Cash at bank and in hand 79,707 132,570
169,986 207,817
Creditors: amounts falling due within one year 5 (54,707) (63,003)
Net current assets 115,279 144,814
Total assets less current liabilities 118,041 148,552
Creditors: amounts falling due after more than one year 6 (85,018) (80,018)
Net assets 33,023 68,534
Capital and reserves
Called up share capital 100 100
Profit and loss account 32,923 68,434
Shareholders' funds 33,023 68,534
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 members have 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.
SHAUKAT MAHMOOD
Director
Approved by the board on 22 April 2025
HOLZ PANELS LTD
Notes to the Accounts
for the year ended 31 March 2025
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).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Fixtures, fittings, tools and equipment over 10 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 9,759
At 31 March 2025 9,759
Depreciation
At 1 April 2024 6,021
Charge for the year 976
At 31 March 2025 6,997
Net book value
At 31 March 2025 2,762
At 31 March 2024 3,738
4 Debtors 2025 2024
£ £
Trade debtors 47,029 30,667
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 43,068 35,687
Corporation Tax 10,543 17,176
Other creditors 1,096 10,140
54,707 63,003
6 Creditors: amounts falling due after one year 2025 2024
£ £
Directors Loans 85,018 80,018
7 Controlling party
The company is under the ultimate control of the Director and his spouse who owns 100% of the issued share capital.
8 Other information
HOLZ PANELS LTD is a private company limited by shares and incorporated in England. Its registered office is:
UNIT 5b, MILL ST WEST
ANCHOR BRIDGE WAY
DEWSBURY
WF12 9QS
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