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REGISTERED NUMBER: 12487606 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Halbik Holdings Limited

Halbik Holdings Limited (Registered number: 12487606)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Halbik Holdings Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: N de la Bedoyere
F V M de la Bedoyere
Mrs C J de la Bedoyere





REGISTERED OFFICE: Wellwood
North Farm Road
Tunbridge Wells
Kent
TN2 3DR





REGISTERED NUMBER: 12487606 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Halbik Holdings Limited (Registered number: 12487606)

Balance Sheet
28 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investments 4 64 64
Investment property 5 1,191,829 1,191,829
1,191,893 1,191,893

CURRENT ASSETS
Debtors 6 - 127,641

CREDITORS
Amounts falling due within one year 7 (218,119 ) (52,744 )
NET CURRENT (LIABILITIES)/ASSETS (218,119 ) 74,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

973,774

1,266,790

CAPITAL AND RESERVES
Called up share capital 64 64
Retained earnings 8 973,710 1,266,726
SHAREHOLDERS' FUNDS 973,774 1,266,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Halbik Holdings Limited (Registered number: 12487606)

Balance Sheet - continued
28 February 2025


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 23 May 2025 and were signed on its behalf by:





F V M de la Bedoyere - Director


Halbik Holdings Limited (Registered number: 12487606)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Halbik 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

FIXED ASSET INVESTMENTS
Investments are stated at cost less any provision for impairment.

The Company assess investments for impairment whenever events or changes in circumstances indicate that carrying value of an investment may not be recoverable. If any such indication of impairment exists an adjustment is made by the company to reflect the carrying value. An impairment loss is recognised immediately in the profit and loss account.

The Company will also assess if a revaluation of the investments is necessary each year and will adjust the carrying value if appropriate.

3. EMPLOYEES AND DIRECTORS

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

Halbik Holdings Limited (Registered number: 12487606)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2024
and 28 February 2025 64
NET BOOK VALUE
At 28 February 2025 64
At 29 February 2024 64

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024
and 28 February 2025 1,191,829
NET BOOK VALUE
At 28 February 2025 1,191,829
At 29 February 2024 1,191,829

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings - 127,641

The directors consider the carrying value of trade and other receivables approximate to their fair values.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 163,345 -
Corporation tax 52,479 50,570
Accrued expenses 2,295 2,174
218,119 52,744

The directors consider the carrying amounts of current liabilities approximate to their fair values.

Halbik Holdings Limited (Registered number: 12487606)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. RESERVES
Retained
earnings
£   

At 1 March 2024 1,266,726
Profit for the year 356,984
Dividends (650,000 )
At 28 February 2025 973,710

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9. RELATED PARTY DISCLOSURES

During the financial year, the company received rental income of £200,000 (2024: £200,000) from Search Press Limited, its fully owned subsidiary.

As at the end of the financial year, the company had £163,345 (2024: £127,641 owed by) owed to Search Press Limited, its fully owned subsidiary.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is F V M de la Bedoyere.