Hollamby Farming Ltd 13854780 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is Mixed farming Digita Accounts Production Advanced 6.30.9574.0 true true 13854780 2024-02-01 2025-01-31 13854780 2025-01-31 13854780 core:RetainedEarningsAccumulatedLosses 2025-01-31 13854780 core:ShareCapital 2025-01-31 13854780 core:CurrentFinancialInstruments 2025-01-31 13854780 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 13854780 bus:SmallEntities 2024-02-01 2025-01-31 13854780 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 13854780 bus:FilletedAccounts 2024-02-01 2025-01-31 13854780 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13854780 bus:RegisteredOffice 2024-02-01 2025-01-31 13854780 bus:Director1 2024-02-01 2025-01-31 13854780 bus:Director2 2024-02-01 2025-01-31 13854780 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13854780 countries:EnglandWales 2024-02-01 2025-01-31 13854780 2023-02-01 2024-01-31 13854780 2024-01-31 13854780 core:RetainedEarningsAccumulatedLosses 2024-01-31 13854780 core:ShareCapital 2024-01-31 13854780 core:CurrentFinancialInstruments 2024-01-31 13854780 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 13854780

Hollamby Farming Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Hollamby Farming Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Hollamby Farming Ltd

Company Information

Directors

R W Hollamby

J R Hollamby

Registered office

Woodwater House
Pynes Hill
Exeter
Devon
EX2 5WR

Accountants

Manningtons
Chartered Accountants
39 High Street
Battle
East Sussex
TN33 0EE

 

Hollamby Farming Ltd

(Registration number: 13854780)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Current assets

 

Cash at bank and in hand

 

1,541

-

Creditors: Amounts falling due within one year

5

(4,019)

(3,688)

Net liabilities

 

(2,478)

(3,688)

Capital and reserves

 

Called up share capital

10

10

Retained earnings

(2,488)

(3,698)

Shareholders' deficit

 

(2,478)

(3,688)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 May 2025 and signed on its behalf by:
 

.........................................
R W Hollamby
Director

 

Hollamby Farming Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Woodwater House
Pynes Hill
Exeter
Devon
EX2 5WR

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Hollamby Farming Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade creditors

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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 2).

4

Debtors

2025
£

2024
£

-

-

 

Hollamby Farming Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Bank loans and overdrafts

6

-

72

Accruals and deferred income

 

600

600

Other creditors

 

1,191

868

Director loan account

 

2,228

2,148

 

4,019

3,688

6

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Bank overdrafts

-

72