SZR Holdings Ltd 11878472 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is a holding company Digita Accounts Production Advanced 6.30.9574.0 true false 11878472 2024-01-01 2024-12-31 11878472 2024-12-31 11878472 core:RetainedEarningsAccumulatedLosses 2024-12-31 11878472 core:ShareCapital 2024-12-31 11878472 core:CurrentFinancialInstruments 2024-12-31 11878472 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11878472 bus:SmallEntities 2024-01-01 2024-12-31 11878472 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11878472 bus:FilletedAccounts 2024-01-01 2024-12-31 11878472 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11878472 bus:RegisteredOffice 2024-01-01 2024-12-31 11878472 bus:Director1 2024-01-01 2024-12-31 11878472 bus:Director2 2024-01-01 2024-12-31 11878472 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11878472 countries:EnglandWales 2024-01-01 2024-12-31 11878472 core:CostValuation 2023-12-31 11878472 2023-01-01 2023-12-31 11878472 2023-12-31 11878472 core:RetainedEarningsAccumulatedLosses 2023-12-31 11878472 core:ShareCapital 2023-12-31 11878472 core:CurrentFinancialInstruments 2023-12-31 11878472 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 11878472

SZR Holdings Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

SZR Holdings Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

SZR Holdings Ltd

Company Information

Directors

AG Mowbray

JL Sach

Registered office

Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 0RT

 

SZR Holdings Ltd

(Registration number: 11878472)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

4

4

Current assets

 

Debtors

5

8,445

6,440

Cash at bank and in hand

 

221,950

284,996

 

230,395

291,436

Creditors: Amounts falling due within one year

6

(70,544)

(94,728)

Net current assets

 

159,851

196,708

Net assets

 

159,855

196,712

Capital and reserves

 

Called up share capital

4

4

Retained earnings

159,851

196,708

Shareholders' funds

 

159,855

196,712

For the financial year ending 31 December 2024 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 20 May 2025 and signed on its behalf by:
 

.........................................
AG Mowbray
Director

.........................................
JL Sach
Director

 

SZR Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 11878472.

The address of its registered office is:
Kingfisher Court
Plaxton Bridge Road
Woodmansey
Beverley
East Yorkshire
HU17 0RT
England

These financial statements were authorised for issue by the Board on 20 May 2025.

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 financial statements have been prepared in sterling and are rounded to the nearest pound.

Group accounts not prepared

The financial statements contain information about SZR Holdings Ltd as an individual company and do not contain consolidated financial information as part of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. .

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

 

SZR Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2023 - 2).

4

Investments

2024
£

2023
£

Investments in subsidiaries

4

4

Subsidiaries

£

Cost or valuation

At 1 January 2024

4

Provision

Carrying amount

At 31 December 2024

4

At 31 December 2023

4

5

Debtors

2024
£

2023
£

Other debtors

8,445

6,440

8,445

6,440

 

SZR Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

836

651

Amounts owed to group undertakings

8

68,918

93,292

Accruals and deferred income

 

790

785

 

70,544

94,728

7

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

836

651

Other borrowings relate to an unsecured directors loan.

8

Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Other transactions with Directors

At the year end, the company owed the directors £836 (2023: £651). This amount is unsecured, interest free and repayable on demand.