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Company Registration No. 14538766 (England and Wales)
862 HOLDINGS LTD Unaudited accounts for the year ended 31 December 2024
862 HOLDINGS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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862 HOLDINGS LTD Company Information for the year ended 31 December 2024
Directors
M L Ardis R E Ardis
Company Number
14538766 (England and Wales)
Registered Office
Lloyds Bank Chambers High Street Crediton Devon EX17 3AH United Kingdom
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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862 HOLDINGS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
48,823 
56,389 
Current assets
Debtors
5
6,262 
- 
Cash at bank and in hand
14,869 
18,239 
21,131 
18,239 
Creditors: amounts falling due within one year
6
(4,134)
(6,836)
Net current assets
16,997 
11,403 
Total assets less current liabilities
65,820 
67,792 
Creditors: amounts falling due after more than one year
7
(22,736)
(25,658)
Net assets
43,084 
42,134 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
42,984 
42,034 
Shareholders' funds
43,084 
42,134 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
M L Ardis Director Company Registration No. 14538766
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862 HOLDINGS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
862 HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 14538766. The registered office is Lloyds Bank Chambers, High Street, Crediton, Devon, EX17 3AH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance basis
Motor vehicles
15% reducing balance basis
Fixtures & fittings
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
21,716 
41,340 
2,132 
65,188 
At 31 December 2024
21,716 
41,340 
2,132 
65,188 
Depreciation
At 1 January 2024
2,172 
6,201 
426 
8,799 
Charge for the year
1,954 
5,271 
341 
7,566 
At 31 December 2024
4,126 
11,472 
767 
16,365 
Net book value
At 31 December 2024
17,590 
29,868 
1,365 
48,823 
At 31 December 2023
19,544 
35,139 
1,706 
56,389 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
6,262 
- 
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862 HOLDINGS LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
2,923 
2,923 
Loans from directors
1,211 
3,913 
4,134 
6,836 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
22,736 
25,658 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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