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REGISTERED NUMBER: 09317348 (England and Wales)















GILMOUR AND HOLLAND HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


GILMOUR AND HOLLAND HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: S M Holland
A J Gilmour





REGISTERED OFFICE: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF





REGISTERED NUMBER: 09317348 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,656,355 1,644,413
Investments 5 1,600,000 1,600,000
3,256,355 3,244,413

CURRENT ASSETS
Cash at bank 25,223 13,810

CREDITORS
Amounts falling due within one year 6 414,342 280,491
NET CURRENT LIABILITIES (389,119 ) (266,681 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,867,236 2,977,732

CREDITORS
Amounts falling due after more than one year 7 195,984 364,407
NET ASSETS 2,671,252 2,613,325

CAPITAL AND RESERVES
Called up share capital 8 680 680
Merger reserve 1,599,000 1,599,000
Retained earnings 1,071,572 1,013,645
SHAREHOLDERS' FUNDS 2,671,252 2,613,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:




A J Gilmour - Director



S M Holland - Director


GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Gilmour and Holland Holdings 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Revenue 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 statement of financial position date.

GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Consolidation
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company is therefore not required to and has not chosen to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 January 2024 1,825,639
Additions 46,886
At 31 December 2024 1,872,525
DEPRECIATION
At 1 January 2024 181,226
Charge for year 34,944
At 31 December 2024 216,170
NET BOOK VALUE
At 31 December 2024 1,656,355
At 31 December 2023 1,644,413

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 2,141,497
PROVISIONS
At 1 January 2024
and 31 December 2024 541,497
NET BOOK VALUE
At 31 December 2024 1,600,000
At 31 December 2023 1,600,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 38,441 52,653
Taxation 30,417 14,751
Other creditors 22,500 53,100
Amount due to subsidiary
company 320,479 158,232
Accrued expenses 2,505 1,755
414,342 280,491

GILMOUR AND HOLLAND HOLDINGS LIMITED (REGISTERED NUMBER: 09317348)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 38,441 55,023
Bank loans - 2-5 years 157,543 309,384
195,984 364,407

8. CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £

80 Ordinary A £1 80 80
500 Ordinary B £1 500 500
50 Ordinary C £1 50 50
50 Ordinary D £1 50 50
680 680