0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 138,594 138,594 138,594 100 100 100 xbrli:pure xbrli:shares iso4217:GBP 09635569 2024-01-01 2024-12-31 09635569 2024-12-31 09635569 2023-12-31 09635569 2023-01-01 2023-12-31 09635569 2023-12-31 09635569 2022-12-31 09635569 bus:Director1 2024-01-01 2024-12-31 09635569 core:WithinOneYear 2024-12-31 09635569 core:WithinOneYear 2023-12-31 09635569 core:ShareCapital 2024-12-31 09635569 core:ShareCapital 2023-12-31 09635569 core:RetainedEarningsAccumulatedLosses 2024-12-31 09635569 core:RetainedEarningsAccumulatedLosses 2023-12-31 09635569 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 09635569 core:Non-currentFinancialInstruments 2024-12-31 09635569 core:Non-currentFinancialInstruments 2023-12-31 09635569 core:LandBuildings core:ShortLeaseholdAssets 2024-12-31 09635569 core:LandBuildings core:ShortLeaseholdAssets 2023-12-31 09635569 bus:SmallEntities 2024-01-01 2024-12-31 09635569 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09635569 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09635569 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09635569 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 09635569
Loxley Holdings Limited
Filleted Unaudited Financial Statements
31 December 2024
Loxley Holdings Limited
Financial Statements
Year ended 31 December 2024
Contents
Pages
Balance sheet
1
Notes to the financial statements
2 to 4
Loxley Holdings Limited
Balance Sheet
31 December 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
4
138,594
138,594
Investments
5
100
100
---------
---------
138,694
138,694
Creditors: amounts falling due within one year
6
99,465
107,668
--------
---------
Net current liabilities
99,465
107,668
---------
---------
Total assets less current liabilities
39,229
31,026
--------
--------
Net assets
39,229
31,026
--------
--------
Capital and reserves
Called up share capital
200
200
Profit and loss account
39,029
30,826
--------
--------
Shareholders funds
39,229
31,026
--------
--------
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 profit and loss account 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.
Directors' 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 directors acknowledge their 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 16 September 2025 , and are signed on behalf of the board by:
Mr J Keeling
Director
Company registration number: 09635569
Loxley Holdings Limited
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales, registration number 09635569 . The address of the registered office is Motor Clinic Limited, Trentham Road, Longton, Stoke-on-Trent, Staffordshire, ST3 4DJ.
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. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Consolidation
The company 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 company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover in respect of service contracts is recognised when the company obtains the right to receive consideration for services provided.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal values. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. Creditors Creditors are not interest bearing and are stated at their nominal value.
4. Tangible assets
Freehold Property
£
Cost
At 1 January 2024 and 31 December 2024
138,594
---------
Depreciation
At 1 January 2024 and 31 December 2024
–
---------
Carrying amount
At 31 December 2024
138,594
---------
At 31 December 2023
138,594
---------
5. Investments
Shares in group undertakings
£
Cost
At 1 January 2024 and 31 December 2024
100
----
Impairment
At 1 January 2024 and 31 December 2024
–
----
Carrying amount
At 31 December 2024
100
----
At 31 December 2023
100
----
6. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
81,896
80,008
Corporation tax
1,948
1,769
Other creditors
15,621
25,891
--------
---------
99,465
107,668
--------
---------
7. Employee numbers
The average number of persons employed by the company during the year amounted to nil (2023: nil).