| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 September 2024 |
| for |
| Hollybrook Finance Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 September 2024 |
| for |
| Hollybrook Finance Limited |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2024 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Hollybrook Finance Limited |
| Company Information |
| for the Year Ended 30 September 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Foresters Hall |
| 25/27 Westow Street |
| Upper Norwood |
| London |
| SE19 3RY |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Abridged Balance Sheet |
| 30 September 2024 |
| 30/9/24 | 30/9/23 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Abridged Balance Sheet - continued |
| 30 September 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2024 |
| 1. | STATUTORY INFORMATION |
| Hollybrook Finance Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Hollybrook Finance Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Related party exemption |
| 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. |
| Critical accounting judgements and key sources of estimation uncertainty |
| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
| Financial instruments |
| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors, loans from banks and other third parties. |
| Debt instruments which are payable or receivable within one year are measured at the undiscounted amount of cash consideration expected to be paid or received. |
| Debt instruments which are payable or receivable after more than one year are initially measured at the fair value of the cash consideration and thereafter at amortised cost using the effective interest method. |
| Taxation |
| Taxation for the year relates to current tax which is recognised in the Income Statement. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date. |
| Investments |
| Fixed asset investments are stated at cost. |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Borrowing costs |
| Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1 October 2023 |
| and 30 September 2024 | 200 |
| NET BOOK VALUE |
| At 30 September 2024 | 200 |
| At 30 September 2023 | 200 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: England |
| Nature of business: |
| % |
| Class of shares: | holding |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: England |
| Nature of business: |
| % |
| Class of shares: | holding |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Repayable otherwise than by instalments |
| Other loans more 5yrs non-inst |
| 7. | LOANS |
| An analysis of the maturity of loans is given below: |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Amounts falling due between two and five years: |
| Bank loans 2-5 years |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Other loans more 5yrs non-inst | 200 | 200 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/9/24 | 30/9/23 |
| £ | £ |
| Bank loans |
| The company's bank borrowings are secured by a charge over the company's fixed asset investments. The borrowings are also secured by fixed charges over the company's subsidiary undertakings' investment properties. |
| Hollybrook Finance Limited (Registered number: 09024081) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2024 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30/9/24 | 30/9/23 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | ULTIMATE PARENT |
| The company is a wholly owned subsidiary undertaking of Hollybrook (UK) Ltd, incorporated in England. |