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REGISTERED NUMBER: 01826498 (England and Wales)















HENRY OLDERSHAW LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 6


HENRY OLDERSHAW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Mrs L Oldershaw
Ms V K Oldershaw



SECRETARY: Ms V K Oldershaw



REGISTERED OFFICE: Welland House
Saracens Head
Holbeach
Lincolnshire
PE12 8AU



REGISTERED NUMBER: 01826498 (England and Wales)



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



BANKERS: National Westminster Bank
Market Place
Spalding
Lincolnshire
PE11 1ST

HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 12,861 14,996
Investment property 5 3,600,000 3,600,000
3,612,861 3,614,996

CURRENT ASSETS
Debtors 6 163,439 209,462
Investments 7 618,739 738,737
Cash at bank 20,540 67,108
802,718 1,015,307
CREDITORS
Amounts falling due within one year 8 42,080 76,787
NET CURRENT ASSETS 760,638 938,520
TOTAL ASSETS LESS CURRENT LIABILITIES 4,373,499 4,553,516

PROVISIONS FOR LIABILITIES 9 214,233 239,835
NET ASSETS 4,159,266 4,313,681

CAPITAL AND RESERVES
Called up share capital 10 27,500 27,500
Share premium 409,020 409,020
Fair value reserve 11 1,948,826 2,014,909
Retained earnings 1,773,920 1,862,252
SHAREHOLDERS' FUNDS 4,159,266 4,313,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 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 16 May 2025 and were signed on its behalf by:




Ms V K Oldershaw - Director


HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Henry Oldershaw 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises the fair value of consideration received for land and property rents, which are accounted for on a receivable basis.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

Tangible fixed assets are held at cost less accumulated depreciation.

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 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 that have been enacted or substantively enacted by the statement of financial position statement of financial positiondate.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Current asset investments
Current asset investments are stated at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 51,126
Additions 1,400
Disposals (12,215 )
At 31 January 2025 40,311
DEPRECIATION
At 1 February 2024 36,130
Charge for year 3,416
Eliminated on disposal (12,096 )
At 31 January 2025 27,450
NET BOOK VALUE
At 31 January 2025 12,861
At 31 January 2024 14,996

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 3,600,000
NET BOOK VALUE
At 31 January 2025 3,600,000
At 31 January 2024 3,600,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2025 2,229,719
Cost 1,370,281
3,600,000

The investment properties were valued by the directors as at 31 January 2025 by considering cost and the fair values of recent, comparable property sales in the local area.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 16,786 11,254
Director's loan account 143,227 194,014
Prepayments and accrued income 3,426 4,194
163,439 209,462

7. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Unlisted investments 618,739 738,737

HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,410 37,670
Other creditors 11,445 11,445
Accruals and deferred income 28,225 27,672
42,080 76,787

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 3,216 3,749
Other timing differences 211,017 236,086
214,233 239,835

Deferred
tax
£   
Balance at 1 February 2024 239,835
Credit to Income Statement during year (25,602 )
Balance at 31 January 2025 214,233

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2,500 Ordinary A £1 2,500 2,500
20,000 Ordinary B £1 20,000 20,000
5,000 Ordinary C £1 5,000 5,000
27,500 27,500

11. RESERVES
Fair
value
reserve
£   
At 1 February 2024 2,014,909
Reserves transfer (66,083 )

At 31 January 2025 1,948,826

The aggregate surplus on re-measurement of investment property, net of associated deferred tax, is transferred to a separate non-distributable fair value reserve in order to assist with the identification of profits available for distribution.

HENRY OLDERSHAW LIMITED (REGISTERED NUMBER: 01826498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

20252024
£ £
Balance outstanding at start of year194,01485,728
Amounts advanced71,063145,136
Amounts repaid(121,850)(36,850)
Balance outstanding at end of year143,227194,014
The loan is interest-free, unsecured and repayable on demand.