Company registration number 11227604 (England and Wales)
TOLSON HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
TOLSON HOLDINGS LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
TOLSON HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
21,250
-
0
Investments
4
100
100
21,350
100
Current assets
Debtors
5,000
-
0
Creditors: amounts falling due within one year
(4,845)
-
0
Net current assets
155
-
0
Net assets
21,505
100
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
21,405
-
0
Total equity
21,505
100

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

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

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.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 August 2025 and are signed on its behalf by:
D F Watson
Director
Company registration number 11227604 (England and Wales)
Tolson Holdings Limited
TOLSON HOLDINGS LIMITED
Notes to the financial statements
for the year ended 31 December 2024
- 2 -
1
Accounting policies
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 a mounts 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.

Group exemption

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% reducing balance
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Tolson Holdings Limited
TOLSON HOLDINGS LIMITED
Notes to the financial statements (CONTINUED)
for the year ended 31 December 2024
- 3 -
2
Employees

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

2024
2023
Number
Number
Total
3
3
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 January 2024
-
0
Additions
25,000
At 31 December 2024
25,000
Depreciation and impairment
At 1 January 2024
-
0
Depreciation charged in the year
3,750
At 31 December 2024
3,750
Carrying amount
At 31 December 2024
21,250
At 31 December 2023
-
0
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
100
100
2024-12-31 2024-01-01 false false false 29 August 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity D A Watson D F Watson S J Watson D F Watson 11227604 2024-01-01 2024-12-31 11227604 2024-12-31 11227604 2023-12-31 11227604 core:FurnitureFittings 2024-12-31 11227604 core:FurnitureFittings 2023-12-31 11227604 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 11227604 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11227604 core:ShareCapital 2024-12-31 11227604 core:ShareCapital 2023-12-31 11227604 core:RetainedEarningsAccumulatedLosses 2024-12-31 11227604 core:RetainedEarningsAccumulatedLosses 2023-12-31 11227604 bus:CompanySecretaryDirector1 2024-01-01 2024-12-31 11227604 core:FurnitureFittings 2024-01-01 2024-12-31 11227604 2023-01-01 2023-12-31 11227604 core:FurnitureFittings 2023-12-31 11227604 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11227604 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11227604 bus:FRS102 2024-01-01 2024-12-31 11227604 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11227604 bus:Director1 2024-01-01 2024-12-31 11227604 bus:Director2 2024-01-01 2024-12-31 11227604 bus:Director3 2024-01-01 2024-12-31 11227604 bus:CompanySecretary1 2024-01-01 2024-12-31 11227604 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP