Acorah Software Products - Accounts Production 16.4.675 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 13181109 Mr Alexander Holdsworth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13181109 2024-02-28 13181109 2025-02-28 13181109 2024-02-29 2025-02-28 13181109 frs-core:Non-currentFinancialInstruments 2025-02-28 13181109 frs-core:RevaluationReserve 2024-02-29 2025-02-28 13181109 frs-core:RevaluationReserve 2025-02-28 13181109 frs-core:ShareCapital 2025-02-28 13181109 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 13181109 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 13181109 frs-bus:AbridgedAccounts 2024-02-29 2025-02-28 13181109 frs-bus:SmallEntities 2024-02-29 2025-02-28 13181109 frs-bus:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 13181109 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 13181109 frs-bus:Director1 2024-02-29 2025-02-28 13181109 frs-countries:EnglandWales 2024-02-29 2025-02-28 13181109 2023-02-28 13181109 2024-02-28 13181109 2023-03-01 2024-02-28 13181109 frs-core:Non-currentFinancialInstruments 2024-02-28 13181109 frs-core:RevaluationReserve 2024-02-28 13181109 frs-core:ShareCapital 2024-02-28 13181109 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 13181109
Holdsworth Rentals Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Company Information 1
Accountant's Report 2
Abridged Balance Sheet 3—4
Notes to the Abridged Financial Statements 5—6
Page 1
Company Information
Director Mr Alexander Holdsworth
Company Number 13181109
Registered Office The Glasshouse
126 Upgate
Louth
Lincolnshire
LN11 9HG
Accountants Chris Rooke Management Limited
F.M.A.A.T.
Greetwell Place
2 Lime Kiln Way
Lincoln
Lincolnshire
LN2 4US
Page 1
Page 2
Accountant's Report
Report of the Accountant to the director of Holdsworth Rentals Ltd
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 28 February 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Mr CF Rooke
6th August 2025
Chris Rooke Management Limited
F.M.A.A.T.
Greetwell Place
2 Lime Kiln Way
Lincoln
Lincolnshire
LN2 4US
Page 2
Page 3
Abridged Balance Sheet
Registered number: 13181109
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,112,365 921,438
1,112,365 921,438
CURRENT ASSETS
Cash at bank and in hand 10,202 48,526
10,202 48,526
Creditors: Amounts Falling Due Within One Year (4,561 ) (1,841 )
NET CURRENT ASSETS (LIABILITIES) 5,641 46,685
TOTAL ASSETS LESS CURRENT LIABILITIES 1,118,006 968,123
Creditors: Amounts Falling Due After More Than One Year (1,098,800 ) (964,010 )
NET ASSETS 19,206 4,113
CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 6 65,829 -
Profit and Loss Account (46,723 ) 4,013
SHAREHOLDERS' FUNDS 19,206 4,113
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Page 4
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Alexander Holdsworth
Director
6th August 2025
The notes on pages 5 to 6 form part of these financial statements.
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Page 5
Notes to the Abridged Financial Statements
1. General Information
Holdsworth Rentals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13181109 . The registered office is The Glasshouse, 126 Upgate, Louth, Lincolnshire, LN11 9HG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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4. Investment Property
2025
£
Fair Value
As at 29 February 2024 921,438
Additions 125,098
Revaluations 65,829
As at 28 February 2025 1,112,365
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Revaluation Reserve
£
Net investment property revaluation reserve 65,829
As at 28 February 2025 65,829
Page 6