Company registration number 05622862 (England and Wales)
HOLBI GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
HOLBI GROUP LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
HOLBI GROUP LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1,528
2,992
Tangible assets
4
12,314
6,338
Investments
5
261
261
14,103
9,591
Current assets
Debtors
6
197,105
258,296
Cash at bank and in hand
4,523
4,594
201,628
262,890
Creditors: amounts falling due within one year
7
(23,193)
(110,688)
Net current assets
178,435
152,202
Total assets less current liabilities
192,538
161,793
Creditors: amounts falling due after more than one year
8
-
(25,268)
Net assets
192,538
136,525
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
192,338
136,325
Total equity
192,538
136,525

The notes on pages 3 to 6 form part of these financial statements.

HOLBI GROUP LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024
30 November 2024
- 2 -

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 June 2025 and are signed on its behalf by:
Mr V Gurevych
Director
Company registration number 05622862 (England and Wales)
HOLBI GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 3 -
1
Accounting policies
Company information

Holbi Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Old Station House, Station Approach, Swindon, Wiltshire, SN1 3DU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract.

1.3
Intangible fixed assets other than goodwill

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Patents & licences
Evenly over estimated useful life of ten years
Development costs
Evenly over estimated useful life of twenty years
1.4
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Fixtures and fittings
25% on reducing balance
1.5
Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

HOLBI GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 4 -
Current tax

Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

1.7
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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Intangible fixed assets
Other
£
Cost
At 1 December 2023 and 30 November 2024
18,751
Amortisation and impairment
At 1 December 2023
15,759
Amortisation charged for the year
1,464
At 30 November 2024
17,223
Carrying amount
At 30 November 2024
1,528
At 30 November 2023
2,992
HOLBI GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023
23,140
Additions
9,178
At 30 November 2024
32,318
Depreciation and impairment
At 1 December 2023
16,802
Depreciation charged in the year
3,202
At 30 November 2024
20,004
Carrying amount
At 30 November 2024
12,314
At 30 November 2023
6,338
5
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
261
261

The company held the following shares in group undertakings:

 

Holbi Link Limited        

Class of share: Ordinary            

Shareholding: 80%            

 

Holbi Retail Limited

Class of share: Ordinary

Shareholding: 100%

 

Data Integration Solutions Limited        

Class of share: Ordinary            

Shareholding: 80%            

 

Oscommerce Limited

Class of share: Ordinary

Shareholding: 100%

HOLBI GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 6 -
6
Debtors
2024
2023
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
0
43,308
Other debtors
192,762
188,341
192,762
231,649
Deferred tax asset
4,343
26,647
197,105
258,296
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
-
0
85,677
Trade creditors
-
0
2,878
Amounts owed to group undertakings
261
261
Taxation and social security
16,926
16,915
Other creditors
6,006
4,957
23,193
110,688
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
-
0
25,268
9
Directors' transactions

The following advances and credits to a director subsisted during the year:

Description
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Mr V Gurevych -
2.25
(106,990)
38,196
(2,508)
(38,452)
(109,754)
(106,990)
38,196
(2,508)
(38,452)
(109,754)
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