IRIS Accounts Production v25.1.0.734 11640678 Board of Directors 1.12.23 30.11.24 30.11.24 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116406782023-11-30116406782024-11-30116406782023-12-012024-11-30116406782022-11-30116406782022-12-012023-11-30116406782023-11-3011640678ns15:EnglandWales2023-12-012024-11-3011640678ns14:PoundSterling2023-12-012024-11-3011640678ns10:Director12023-12-012024-11-3011640678ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011640678ns10:SmallEntities2023-12-012024-11-3011640678ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011640678ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011640678ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011640678ns10:FullAccounts2023-12-012024-11-3011640678ns10:OrdinaryShareClass12023-12-012024-11-3011640678ns10:Director22023-12-012024-11-3011640678ns10:RegisteredOffice2023-12-012024-11-3011640678ns5:CurrentFinancialInstruments2024-11-3011640678ns5:CurrentFinancialInstruments2023-11-3011640678ns5:Non-currentFinancialInstruments2024-11-3011640678ns5:Non-currentFinancialInstruments2023-11-3011640678ns5:ShareCapital2024-11-3011640678ns5:ShareCapital2023-11-3011640678ns5:RetainedEarningsAccumulatedLosses2024-11-3011640678ns5:RetainedEarningsAccumulatedLosses2023-11-3011640678ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-11-3011640678ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011640678ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 11640678 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Focused Holdings Limited

Focused Holdings Limited (Registered number: 11640678)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Focused Holdings Limited

Company Information
for the Year Ended 30 November 2024







Directors: Mr D R Alty
Mrs C Weaver





Registered office: Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND





Registered number: 11640678 (England and Wales)





Accountants: Allen Mills Howard & Co
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Focused Holdings Limited (Registered number: 11640678)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £   
Fixed assets
Investment property 4 417,445 492,480

Current assets
Debtors 5 7,631 1,977
Cash at bank 3,271 8,716
10,902 10,693
Creditors
Amounts falling due within one year 6 103,329 175,734
Net current liabilities (92,427 ) (165,041 )
Total assets less current liabilities 325,018 327,439

Creditors
Amounts falling due after more than one year 7 187,470 187,470
Net assets 137,548 139,969

Capital and reserves
Called up share capital 8 100 100
Retained earnings 137,448 139,869
Shareholders' funds 137,548 139,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Focused Holdings Limited (Registered number: 11640678)

Balance Sheet - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





Mr D R Alty - Director


Focused Holdings Limited (Registered number: 11640678)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. Statutory information

Focused 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.

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

Investment property
Investment property is shown at 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 and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2023 - NIL ) .

Focused Holdings Limited (Registered number: 11640678)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. Investment property
Total
£   
Fair value
At 1 December 2023 492,480
Additions 83,906
Disposals (158,941 )
At 30 November 2024 417,445
Net book value
At 30 November 2024 417,445
At 30 November 2023 492,480

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 7,631 1,977

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 1 -
Taxation and social security 8,952 31,933
Other creditors 94,376 143,801
103,329 175,734

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 97,470 97,470
Other creditors 90,000 90,000
187,470 187,470

Amounts falling due in more than five years:

Repayable by instalments
Mortgage - Halebank 97,470 97,470

Focused Holdings Limited (Registered number: 11640678)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100