REGISTERED NUMBER: 05868746 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Holly Mansions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J H Pinchin

A E Pinchin

N S Pinchin

SECRETARIES:

Mrs S El-Ansary

A E Pinchin

REGISTERED OFFICE:

141 Pepys Road

London

SW20 8NP

REGISTERED NUMBER:

05868746 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

FIXED ASSETS

Property, plant and equipment

4

-

-

Investment property

5

860,000

860,000

860,000

860,000

CURRENT ASSETS

Debtors

6

600,000

584,479

Cash at bank

40,149

31,966

640,149

616,445

CREDITORS

Amounts falling due within one year

7

(12,758

)

(2,008

)

NET CURRENT ASSETS

627,391

614,437

TOTAL ASSETS LESS CURRENT LIABILITIES

1,487,391

1,474,437

PROVISIONS FOR LIABILITIES

(40,033

)

(40,033

)

NET ASSETS

1,447,358

1,434,404

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,447,356

1,434,402

SHAREHOLDERS' FUNDS

1,447,358

1,434,404

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 19 June 2025 and were signed on its behalf by:

A E Pinchin - Director

1.	STATUTORY INFORMATION

Holly Mansions 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 as modified by the revaluation of certain assets.

Revenue

Revenue represents amounts received from the rental of investment properties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Investment property

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

863

DEPRECIATION

At 1 April 2024

and 31 March 2025

863

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

860,000

NET BOOK VALUE

At 31 March 2025

860,000

At 31 March 2024

860,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2011

109,875

Valuation in 2012

50,000

Valuation in 2014

175,000

Valuation in 2015

153,025

Valuation in 2016

(203,950

)

Valuation in 2019

60,000

Valuation in 2022

10,000

Cost

506,050

860,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

506,050

506,050

The investment property was valued on an open market basis on 31 March 2023 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

600,000

584,479

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

3,038

1,289

Other creditors

9,000

-

Accrued expenses

720

719

12,758

2,008

8.	RETAINED EARNINGS

At 31 March 2025 the total retained earnings of £1,447,356 (2024: £1,434,402) includes non-distributable profits of £313,917 (2024: £313,917) which relate to non-realised gains.