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REGISTERED NUMBER: 02956340 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THE HOLLIES SERVICES LTD

THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE HOLLIES SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr S D Assinder
Mrs R T Assinder





SECRETARY: Mr S D Assinder





REGISTERED OFFICE: The Hollies
The Green
Twycross
Atherstone
Warwickshire
CV9 3PQ





REGISTERED NUMBER: 02956340 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 287,100 255,936

CURRENT ASSETS
Debtors 5 - 19,000
Investments 6 151,406 62,795
Prepayments and accrued income - 5,000
Cash at bank 10,219 56,956
161,625 143,751
CREDITORS
Amounts falling due within one year 7 25,661 15,358
NET CURRENT ASSETS 135,964 128,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

423,064

384,329

PROVISIONS FOR LIABILITIES 200 700
NET ASSETS 422,864 383,629

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 422,764 383,529
SHAREHOLDERS' FUNDS 422,864 383,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)

BALANCE SHEET - continued
31 AUGUST 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





Mr S D Assinder - Director


THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)

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

1. STATUTORY INFORMATION

The Hollies Services Ltd 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.

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.

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

Turnover
Turnover represents revenue recognised by the company in respect of services supplied during the period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Ground lease - Nil
Leasehold sports hall - 2% on cost
Improvements to property - 25% reducing balance
Sports hall equipment - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. 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 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.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Investments are included at fair value. Listed investments are valued at their market value at the balance sheet date and any changes in their fair value between the previous year end or acquisition, as applicable, are recognised in the profit and loss account.

THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)

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

3. EMPLOYEES

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

4. TANGIBLE FIXED ASSETS
Leasehold Improvements Sports
Ground sports to hall
lease hall property equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 631 286,472 57,222 41,435 385,760
Additions - - 41,558 - 41,558
At 31 August 2024 631 286,472 98,780 41,435 427,318
DEPRECIATION
At 1 September 2023 - 40,103 51,065 38,656 129,824
Charge for year - 5,729 3,970 695 10,394
At 31 August 2024 - 45,832 55,035 39,351 140,218
NET BOOK VALUE
At 31 August 2024 631 240,640 43,745 2,084 287,100
At 31 August 2023 631 246,369 6,157 2,779 255,936

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 19,000

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 151,406 62,795

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,474 -
Taxation and social security - 7,800
Other creditors 24,187 7,558
25,661 15,358

8. CALLED UP SHARE CAPITAL

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

THE HOLLIES SERVICES LTD (REGISTERED NUMBER: 02956340)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr S D Assinder and Mrs R T Assinder
Balance outstanding at start of year 1,841 1,841
Amounts advanced 25,000 -
Amounts repaid (9,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,341 1,841