0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05847294 2024-04-01 2025-03-31 05847294 2025-03-31 05847294 2024-03-31 05847294 2023-04-01 2024-03-31 05847294 2024-03-31 05847294 2023-03-31 05847294 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 05847294 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 05847294 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 05847294 bus:Director1 2024-04-01 2025-03-31 05847294 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 05847294 core:FurnitureFittingsToolsEquipment 2024-03-31 05847294 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 05847294 core:FurnitureFittingsToolsEquipment 2025-03-31 05847294 core:WithinOneYear 2025-03-31 05847294 core:WithinOneYear 2024-03-31 05847294 bus:AllOrdinaryShares 2024-04-01 2025-03-31 05847294 bus:AllOrdinaryShares 2023-04-01 2024-03-31 05847294 bus:OrdinaryShareClass1 core:ShareCapital 2025-03-31 05847294 bus:OrdinaryShareClass1 core:ShareCapital 2024-03-31 05847294 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 05847294 core:FurnitureFittingsToolsEquipment 2024-03-31 05847294 bus:Micro-entities 2024-04-01 2025-03-31 05847294 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05847294 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05847294 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05847294 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 05847294
HONEYSUCKLE COTTAGE LTD
UNAUDITED FINANCIAL STATEMENTS
31 March 2025
Contents
Accountants report 1
Profit and loss account 2
Balance sheet 3
Notes to the financial statements 4 - 6
The following pages do not form part of the statutory accounts
Trading accounts for the year to 31st March 2025 7
HONEYSUCKLE COTTAGE LTD
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HONEYSUCKLE COTTAGE LTD
YEAR ENDED 31ST MARCH 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Honeysuckle Cottage Ltd for the year ended 31st March 2025 which comprise the Profit and loss account, Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the board of directors of Honeysuckle Cottage Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Honeysuckle Cottage Ltd and state those matters that we have agreed to state to the board of directors of Honeysuckle Cottage Ltd as a body, in this report in accordance with To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Honeysuckle Cottage Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Honeysuckle Cottage Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Honeysuckle Cottage Ltd. You consider that Honeysuckle Cottage Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Honeysuckle Cottage Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Martin and Company (Bridport) Limited
2 Victoria Grove
Bridport
Dorset
DT6 3AA
3rd June 2025
HONEYSUCKLE COTTAGE LTD
PROFIT AND LOSS ACCOUNT
YEAR ENDED 31ST MARCH 2025
2025 2024
£ £
Turnover 32,310 31,708
Cost of raw materials and consumables ( 921) ( 1,135)
Depreciation and other amounts written off assets ( 274) ( 349)
Other charges (12,282) (23,455)
Tax ( 3,643) ( 1,352)
_______ _______
Profit 15,190 5,417
_______ _______
HONEYSUCKLE COTTAGE LTD
BALANCE SHEET
31ST MARCH 2025
2025 2024
£ £ £ £
Fixed assets 224,686 225,028
_______ _______
Current assets 30,893 18,767
Prepayments and accrued income 334 801
_______ _______
31,227 19,568
Creditors: amounts falling due within one year ( 73,446) ( 75,355)
_______ _______
Net current liabilities ( 42,219) ( 55,787)
_______ _______
Total assets less current liabilities 182,467 169,241
Accruals and deferred income ( 996) ( 960)
_______ _______
Net assets 181,471 168,281
_______ _______
Capital and reserves 181,471 168,281
_______ _______
Notes to the financial statements
HONEYSUCKLE COTTAGE LTD
YEAR ENDED 31ST MARCH 2025
Notes to the financial statements
1. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 15 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
2. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: Nil).
3. Dividends
Equity dividends
2025 2024
£ £
Dividends paid during the year 2,000 4,000
_______ _______
4. Tangible assets
Freehold property Fixtures, fittings and equipment Total
£ £ £
Cost
At 1st April 2024 223,063 6,793 229,856
Additions - 160 160
Disposals - ( 1,574) ( 1,574)
_______ _______ _______
At 31st March 2025 223,063 5,379 228,442
_______ _______ _______
Depreciation
At 1st April 2024 - 4,828 4,828
Charge for the year - 274 274
Disposals - ( 1,346) ( 1,346)
_______ _______ _______
At 31st March 2025 - 3,756 3,756
_______ _______ _______
Carrying amount
At 31st March 2025 223,063 1,623 224,686
_______ _______ _______
At 31st March 2024 223,063 1,965 225,028
_______ _______ _______
5. Net current assets
2025 2024
£ £
Cash at bank and in hand 17,843 6,767
Trade debtors 1,050 0
Prepayments 334 801
_______ _______
19,227 7,568
_______ _______
6. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 89 365
Corporation tax 3,643 1,352
Other creditors 70,710 74,598
_______ _______
74,442 76,315
_______ _______
7. Called up share capital
Issued, called up and fully paid
2025 2024
No £ No £
Ordinary shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
8. Reserves
Share Dividends Profit Total
Capital in the and loss
Account year Account
£ £ £ £
At 1st April 2024 100 - 168,181 168,281
Profit for the year (2,000) 15,190 13,190
_______ _______ _______ _______
At 31st March 2025 100 (2,000) 183,371 181,471
_______ _______ _______ _______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 03 June 2025 , and are signed on behalf of the board by:
Mr. S L Holmes
Director
Company registration number: 05847294
The company is a private company limited by shares, registered in England and Wales.
HONEYSUCKLE COTTAGE LTD
DETAILED PROFIT AND LOSS ACCOUNT
YEAR ENDED 31ST MARCH 2025
2025 2024
£ £ £ £
Turnover
Holiday lettings 19,710 19,108
Permanent lets 12,600 12,600
_______ _______
32,310 31,708
Cost of materials and consumables
Consumables 921 1,135
_______ _______
(921) (1,135)
Depreciation and other amounts written off assets
Depreciation of tangible assets 274 349
_______ _______
(274) (349)
Other charges
Commissions payable 3,302 3,757
Rates 760 666
Insurance 489 369
Light and heat 2,002 2,251
Cleaning 2,557 3,081
Repairs and renewals 613 529
Property repairs 52 10,342
Printing, postage and stationery - 19
Advertising 96 353
Telephone 397 563
Television costs 478 450
Bank charges 102 104
General expenses 1,206 971
Gain/loss on disposal of tangible assets 228 -
_______ _______
(12,282) (23,455)
_______ | _______ |
Opearting Profit 18,833 6,769
Taxation on profit on ordinary activities (3,643) (1,352)
_______ | _______ |
Profit After Tax 15,190 5,417
_______ | _______ |