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REGISTERED NUMBER: 09024081 (England and Wales)















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: Miss V A Cox
Mr D M Cox





REGISTERED OFFICE: 19 Queen Elizabeth Street
London
SE1 2LP





REGISTERED NUMBER: 09024081 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
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 4 200 200

CURRENT ASSETS
Debtors 5 10,627,827 10,886,711
Cash at bank and in hand 5,733 5,133
10,633,560 10,891,844
CREDITORS
Amounts falling due within one year (205,304 ) (207,670 )
NET CURRENT ASSETS 10,428,256 10,684,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,428,456

10,684,374

CREDITORS
Amounts falling due after more than one
year

6

(10,399,200

)

(10,659,200

)
NET ASSETS 29,256 25,174

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 29,156 25,074
SHAREHOLDERS' FUNDS 29,256 25,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Hollybrook Finance Limited (Registered number: 09024081)

Abridged Balance Sheet - continued
30 September 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 2 June 2025 and were signed on its behalf by:





Miss V A Cox - Director


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 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.

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:

Hollybrook (19 QE Street) Ltd
Registered office: England
Nature of business: Property investor
%
Class of shares: holding
Ordinary 100.00
30/9/24 30/9/23
£ £
Aggregate capital and reserves 4,399,314 4,392,954
Profit for the year 6,360 112,591

Southview House Ltd
Registered office: England
Nature of business: Property investor
%
Class of shares: holding
Ordianry 100.00
30/9/24 30/9/23
£ £
Aggregate capital and reserves 972,239 969,286
Profit for the year 2,953 1,386

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 18,937 42,937
Amounts owed by group undertakings 10,584,890 10,819,774
10,603,827 10,862,711

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 200 200

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 200,000 200,000

Amounts falling due between two and five years:
Bank loans 2-5 years 10,399,000 10,659,000

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 10,599,000 10,859,000

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: £ £
100 Ordinary £1 100 100

10. ULTIMATE PARENT

The company is a wholly owned subsidiary undertaking of Hollybrook (UK) Ltd, incorporated in England.