HOHS Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08592848

HOHS Holdings Ltd

Unaudited financial statements

For the year ended

31 December 2024

HOHS Holdings Ltd

Statement of financial position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	6	1,069,240	1,093,070
Investments	7	842,477	842,477
		-----------	-----------
		1,911,717	1,935,547

Current assets

Cash at bank and in hand	401		749

Creditors: Amounts falling due within one year	8	( 1,094,144)		( 1,172,268)
		-----------		-----------
Net current liabilities			( 1,093,743)		( 1,171,519)
			-----------		-----------
Total assets less current liabilities			817,974		764,028

Provisions

Taxation including deferred tax	( 34,230)	( 35,084)
	---------	---------
Net assets	783,744	728,944
	---------	---------

Capital and reserves

Called up share capital	9	207,500	207,500
Profit and loss account		576,244	521,444
		---------	---------
Shareholders funds		783,744	728,944
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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

Director's responsibilities:

- The 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 September 2025 , and are signed on behalf of the board by:

D P Church
Director

Company registration number: 08592848

HOHS Holdings Ltd

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company, registration number 08592848 , is a private company limited by shares, registered in England and Wales. The address of the registered office is Units G2 - G4 Boundary Road, Great Yarmouth, Norfolk, NR31 0LY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

The accounts have been prepared on a going concern basis which assumes the continued support of the subsidiary company.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Turnover represents rental income from the letting of the company's freehold property. Income from property rental is accounted for in the period in which it relates.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Tangible assets

Tangible assets are initially recorded at cost, and 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:

	Freehold property	-	2% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

4. Employee numbers

The average number of employees during the year was 1 (2023: 1 ).

5. Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

6. Tangible assets

	Freehold property
	£
Cost
At 1 January 2024 and 31 December 2024	1,311,421
	-----------
Depreciation
At 1 January 2024	218,351
Charge for the year	23,830
	-----------
At 31 December 2024	242,181
	-----------
Carrying amount
At 31 December 2024	1,069,240
	-----------
At 31 December 2023	1,093,070
	-----------

Included within freehold land and buildings is land with a value of £120,000 which is not depreciated.

7. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	870,802
	---------
Impairment
At 1 January 2024 and 31 December 2024	28,325
	---------

Carrying amount
At 31 December 2024	842,477
	---------
At 31 December 2023	842,477
	---------

The company owns 100% of the issued share capital of Hydramec Offshore Hydraulic Systems Limited (registration number 04364570).

8. Creditors: Amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	–	61,124
Amounts owed to group undertakings and undertakings in which the company has a participating interest	935,144	944,254
Social security and other taxes	–	3,890
Other creditors	159,000	163,000
	-----------	-----------
	1,094,144	1,172,268
	-----------	-----------

Included within creditors amounts falling due within one year is an amount of £0 (2023: £61,124) which is secured by a fixed and floating charge over the assets of the company.

9. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	207,500	207,500	207,500	207,500
	---------	---------	---------	---------

10. Related party transactions

As at 31 December 2024 the company owed subsidiary company Hydramec Offshore Hydraulic Systems Limited £935,144 (2023: £944,254). No interest is payable on this loan.