IRIS Accounts Production v25.1.4.42 07099719 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070997192023-12-31070997192024-12-31070997192024-01-012024-12-31070997192022-12-31070997192023-01-012023-12-31070997192023-12-3107099719ns15:EnglandWales2024-01-012024-12-3107099719ns14:PoundSterling2024-01-012024-12-3107099719ns10:Director12024-01-012024-12-3107099719ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107099719ns10:SmallEntities2024-01-012024-12-3107099719ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107099719ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107099719ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107099719ns10:FullAccounts2024-01-012024-12-310709971912024-01-012024-12-3107099719ns10:OrdinaryShareClass12024-01-012024-12-3107099719ns10:Director22024-01-012024-12-3107099719ns10:RegisteredOffice2024-01-012024-12-3107099719ns5:CurrentFinancialInstruments2024-12-3107099719ns5:CurrentFinancialInstruments2023-12-3107099719ns5:ShareCapital2024-12-3107099719ns5:ShareCapital2023-12-3107099719ns5:RetainedEarningsAccumulatedLosses2024-12-3107099719ns5:RetainedEarningsAccumulatedLosses2023-12-3107099719ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3107099719ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-012024-12-3107099719ns5:FurnitureFittings2024-01-012024-12-3107099719ns5:IntangibleAssetsOtherThanGoodwill2023-12-3107099719ns5:IntangibleAssetsOtherThanGoodwill2024-12-3107099719ns5:IntangibleAssetsOtherThanGoodwill2023-12-3107099719ns5:FurnitureFittings2023-12-3107099719ns5:FurnitureFittings2024-12-3107099719ns5:FurnitureFittings2023-12-3107099719ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107099719ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107099719ns5:DeferredTaxation2023-12-3107099719ns5:DeferredTaxation2024-12-3107099719ns10:OrdinaryShareClass12024-12-3107099719ns5:RetainedEarningsAccumulatedLosses2023-12-3107099719ns5:RetainedEarningsAccumulatedLosses2024-01-012024-12-31
REGISTERED NUMBER: 07099719 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Holitas Limited

Holitas Limited (Registered number: 07099719)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holitas Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs M Tasko
P E Tasko





REGISTERED OFFICE: 21 Lancaster Avenue
Hitchin
SG5 1PA





REGISTERED NUMBER: 07099719 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Holitas Limited (Registered number: 07099719)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,601 2,933
Tangible assets 5 799 1,066
3,400 3,999

CURRENT ASSETS
Stocks - 4,902
Debtors 6 3,569 784
Cash at bank 6,648 12,724
10,217 18,410
CREDITORS
Amounts falling due within one year 7 4,123 10,184
NET CURRENT ASSETS 6,094 8,226
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,494

12,225

PROVISIONS FOR LIABILITIES 8 152 202
NET ASSETS 9,342 12,023

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 8,342 11,023
SHAREHOLDERS' FUNDS 9,342 12,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Holitas Limited (Registered number: 07099719)

Balance Sheet - continued
31 December 2024


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 11 June 2025 and were signed on its behalf by:





P E Tasko - Director


Holitas Limited (Registered number: 07099719)

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

1. STATUTORY INFORMATION

Holitas 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 have been enacted or substantively enacted by the balance sheet date.


Holitas Limited (Registered number: 07099719)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 3,320
AMORTISATION
At 1 January 2024 387
Charge for year 332
At 31 December 2024 719
NET BOOK VALUE
At 31 December 2024 2,601
At 31 December 2023 2,933

Holitas Limited (Registered number: 07099719)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 12,814
DEPRECIATION
At 1 January 2024 11,748
Charge for year 267
At 31 December 2024 12,015
NET BOOK VALUE
At 31 December 2024 799
At 31 December 2023 1,066

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 3,404 784
Other debtors 165 -
3,569 784

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Tax 1,533 7,220
VAT 1,697 2,067
Directors' current accounts - 4
Accrued expenses 893 893
4,123 10,184

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 152 202

Holitas Limited (Registered number: 07099719)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 202
Accelerated Capital Allowances (50 )
Balance at 31 December 2024 152

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Retained
earnings
£   

At 1 January 2024 11,023
Profit for the year 6,319
Dividends (9,000 )
At 31 December 2024 8,342

11. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors, no individual controls the company.