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REGISTERED NUMBER: 07730706














HOLKEN DESIGN LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HOLKEN DESIGN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R K Warman





REGISTERED OFFICE: Benchmark
174 Anmore Road
Denmead
Hampshire
PO7 6HW





REGISTERED NUMBER: 07730706





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 14,600 14,629

CURRENT ASSETS
Debtors 5 378 1,369
Cash at bank 38,034 28,128
38,412 29,497
CREDITORS
Amounts falling due within one year 6 15,100 12,042
NET CURRENT ASSETS 23,312 17,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,912

32,084

CREDITORS
Amounts falling due after more than one
year

7

(7,288

)

(10,402

)

PROVISIONS FOR LIABILITIES 9 (2,774 ) (2,780 )
NET ASSETS 27,850 18,902

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 27,849 18,901
SHAREHOLDERS' FUNDS 27,850 18,902

HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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 director acknowledges his 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 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 director and authorised for issue on 24 April 2025 and were signed by:





R K Warman - Director


HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)

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

1. STATUTORY INFORMATION

Holken Design Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover represents net invoiced sales of goods and services, 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)

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

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 68,006 660 576 69,242
Additions 3,640 - - 3,640
At 31 August 2024 71,646 660 576 72,882
DEPRECIATION
At 1 September 2023 53,762 315 536 54,613
Charge for year 3,577 52 40 3,669
At 31 August 2024 57,339 367 576 58,282
NET BOOK VALUE
At 31 August 2024 14,307 293 - 14,600
At 31 August 2023 14,244 345 40 14,629

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax recoverable - 1,051
Prepayments 378 318
378 1,369

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 606 -
Corporation tax 1,915 -
Other creditors 89 305
Directors' current accounts 11,890 11,074
Accrued expenses 600 663
15,100 12,042

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 7,288 10,402

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 7,288 10,402

HOLKEN DESIGN LTD (REGISTERED NUMBER: 07730706)

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

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 2,774 2,780

Deferred
tax
£   
Balance at 1 September 2023 2,780
Accelerated capital allowances (6 )
Balance at 31 August 2024 2,774

10. CALLED UP SHARE CAPITAL

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

11. RESERVES
Retained
earnings
£   

At 1 September 2023 18,901
Profit for the year 8,948
At 31 August 2024 27,849

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R K Warman.

By virtue of his ownership of 100% of the issued share capital in the company.