REGISTERED NUMBER: 12251935 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

E.F.T. HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Taylor

REGISTERED OFFICE:

153-155 London Road

Hemel Hempstead

Hemel Hempstead

United Kingdom

HP3 9SQ

REGISTERED NUMBER:

12251935 (England and Wales)

FIXED ASSETS

Investments

4

1,576,526

1,839,032

CURRENT ASSETS

Cash at bank

412,398

4,304

CREDITORS

Amounts falling due within one year

5

1,153,953

324,202

NET CURRENT LIABILITIES

(741,555

)

(319,898

)

TOTAL ASSETS LESS CURRENT LIABILITIES

834,971

1,519,134

CAPITAL AND RESERVES

Called up share capital

6

400

400

Share premium

7

919,416

919,416

Retained earnings

7

(84,845

)

599,318

SHAREHOLDERS' FUNDS

834,971

1,519,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 June 2025 and were signed by:

J Taylor - Director

1.	STATUTORY INFORMATION

E.F.T. Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2024

1,839,032

Impairments

(262,506

)

At 31 December 2024

1,576,526

NET BOOK VALUE

At 31 December 2024

1,576,526

At 31 December 2023

1,839,032

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

1,133,144

322,639

Tax

637

-

Other creditors

499

501

Directors' current accounts

19,673

1,062

1,153,953

324,202

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

102

Ordinary

£1

102

102

298

Ordinary A, B and C

£1

298

298

400

400

The company was formed on 9th October 2019 with the issue of £1 ordinary share. In December 2019, an additional 99 ordinary shares were issued at a premium of £9,288 per share in exchange for shares in the subsidiary company N.H.G Accommodation Limited. In November 2020, 2 ordinary shares, 102 A ordinary shares, 98 B ordinary shares and 98 C ordinary shares were issued at nominal value.

7.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2024

599,318

919,416

1,518,734

Deficit for the year

(258,663

)

(258,663

)

Dividends

(425,500

)

(425,500

)

At 31 December 2024

(84,845

)

919,416

834,571