Company registration number 12668140 (England and Wales)
HOLYHEAD ROAD DEVELOPMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
HOLYHEAD ROAD DEVELOPMENT LTD
COMPANY INFORMATION
Directors
Mr M A Bennett
Mr O P Stapleton
Company number
12668140
Registered office
1-3 Merlin House
Halesfield 19
Telford
Shropshire
TF7 4QT
Accountants
Jerroms GCN Limited
West Point, Second Floor
Mucklow Office Park
Mucklow Hill
Halesowen
B62 8DY
HOLYHEAD ROAD DEVELOPMENT LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 5
HOLYHEAD ROAD DEVELOPMENT LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HOLYHEAD ROAD DEVELOPMENT LTD
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Holyhead Road Development Ltd for the Period ended 31 July 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of Holyhead Road Development Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Holyhead Road Development Ltd and state those matters that we have agreed to state to the board of directors of Holyhead Road Development Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Holyhead Road Development Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Holyhead Road Development 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 loss of Holyhead Road Development Ltd. You consider that Holyhead Road Development Ltd is exempt from the statutory audit requirement for the Period.

We have not been instructed to carry out an audit or a review of the financial statements of Holyhead Road Development 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.

Jerroms GCN Limited
9 July 2025
Chartered Certified Accountants
West Point, Second Floor
Mucklow Office Park
Mucklow Hill
Halesowen
B62 8DY
HOLYHEAD ROAD DEVELOPMENT LTD
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
- 2 -
31 July 2024
30 June 2023
Notes
£
£
£
£
Current assets
Stocks
2,362,222
1,206,372
Debtors
3
246
-
0
Cash at bank and in hand
152
100
2,362,620
1,206,472
Creditors: amounts falling due within one year
4
(2,372,402)
(1,208,210)
Net current liabilities
(9,782)
(1,738)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(9,882)
(1,838)
Total equity
(9,782)
(1,738)
HOLYHEAD ROAD DEVELOPMENT LTD
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
31 July 2024
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial Period ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 9 July 2025 and are signed on its behalf by:
Mr M A Bennett
Director
Company registration number 12668140 (England and Wales)
HOLYHEAD ROAD DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
- 4 -
1
Accounting policies
Company information

Holyhead Road Development Ltd is a private company, limited by shares, incorporated in England and Wales. The registered number and registered office address can be found on the Company Information page.

1.1
Reporting period

The company changed it's year end to 31st July 2024 to align with other related party companies.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

The company has received confirmation from related party creditors, that financial support will be provided for a period of twelve months from the date of approval of these financial statements, to ensure the company is able to meets its obligations as they fall due.true

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2024
2023
Number
Number
Total
2
2
HOLYHEAD ROAD DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2024
- 5 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
246
-
0

Amounts owed by participating interests do not bear interest, are unsecured and are recoverable on demand.

4
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
1,749,381
605,751
Trade creditors
176,186
176,186
Amounts owed to undertakings in which the company has a participating interest
444,935
424,473
Accruals and deferred income
1,900
1,800
2,372,402
1,208,210

Amounts owed to participating interests do not bear interest, are unsecured and are repayable on demand.

5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2024-07-312023-07-01falsefalsefalse09 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr M A BennettMr O P Stapleton126681402023-07-012024-07-3112668140bus:Director12023-07-012024-07-3112668140bus:Director22023-07-012024-07-3112668140bus:RegisteredOffice2023-07-012024-07-31126681402024-07-31126681402023-06-3012668140core:CurrentFinancialInstrumentscore:WithinOneYear2024-07-3112668140core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3012668140core:CurrentFinancialInstruments2024-07-3112668140core:CurrentFinancialInstruments2023-06-3012668140core:ShareCapital2024-07-3112668140core:ShareCapital2023-06-3012668140core:RetainedEarningsAccumulatedLosses2024-07-3112668140core:RetainedEarningsAccumulatedLosses2023-06-3012668140core:ShareCapitalOrdinaryShareClass12024-07-3112668140core:ShareCapitalOrdinaryShareClass12023-06-30126681402022-07-012023-06-3012668140bus:OrdinaryShareClass12023-07-012024-07-3112668140bus:OrdinaryShareClass12024-07-3112668140bus:OrdinaryShareClass12023-06-3012668140bus:PrivateLimitedCompanyLtd2023-07-012024-07-3112668140bus:SmallCompaniesRegimeForAccounts2023-07-012024-07-3112668140bus:FRS1022023-07-012024-07-3112668140bus:AuditExemptWithAccountantsReport2023-07-012024-07-3112668140bus:FullAccounts2023-07-012024-07-31xbrli:purexbrli:sharesiso4217:GBP