COMPANY REGISTRATION NUMBER:
02411372
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Holmwood House Management Limited |
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Filleted Unaudited Abridged Financial Statements |
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Holmwood House Management Limited |
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Abridged Financial Statements |
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Year ended 31 December 2024
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
1 |
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Abridged statement of financial position |
2 |
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Notes to the abridged financial statements |
4 |
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Holmwood House Management Limited |
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Abridged Financial Statements of
Holmwood House Management Limited |
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Year ended 31 December 2024
As described on the abridged statement of financial position, the directors of the company are responsible for the preparation of the abridged financial statements for the year ended 31 December 2024, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
HARPER SHELDON LIMITED
Chartered Accountants
Midway House
Staverton Technology Park
Herrick Way, Staverton
Cheltenham, Glos.
GL51 6TQ
24 September 2025
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Holmwood House Management Limited |
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Abridged Statement of Financial Position |
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31 December 2024
Fixed assets
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Tangible assets |
4 |
6,584 |
6,584 |
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Current assets
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Creditors: amounts falling due within one year |
190 |
190 |
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------- |
------- |
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Net current assets |
5,480 |
4,670 |
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-------- |
-------- |
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Total assets less current liabilities |
12,064 |
11,254 |
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-------- |
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Capital and reserves
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Profit and loss account |
12,064 |
11,254 |
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-------- |
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Shareholders funds |
12,064 |
11,254 |
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-------- |
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These abridged 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 abridged statement of income and retained earnings 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:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.
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Holmwood House Management Limited |
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Abridged Statement of Financial Position (continued) |
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31 December 2024
These abridged financial statements were approved by the
board of directors
and authorised for issue on
24 September 2025
, and are signed on behalf of the board by:
Company registration number:
02411372
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Holmwood House Management Limited |
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Notes to the Abridged Financial Statements |
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Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 1-3 Merstow Green, Evesham, Worcestershire, WR11 4BP, UK.
2.
Statement of compliance
These abridged 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 abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
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
The fixed assets represent the interest in the freehold of the land and therefore depreciation has not been charged.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4.
Tangible assets
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£ |
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Cost |
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At 1 January 2024 and 31 December 2024 |
6,584 |
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------- |
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Depreciation |
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At 1 January 2024 and 31 December 2024 |
– |
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------- |
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Carrying amount |
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At 31 December 2024 |
6,584 |
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------- |
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At 31 December 2023 |
6,584 |
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------- |
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5.
Related party transactions
The company was under the control of the directors throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under FRS102.