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Company Registration No. 09687154 (England and Wales)
HallNash Holdings Limited Unaudited accounts for the year ended 31 December 2024
HallNash Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HallNash Holdings Limited Company Information for the year ended 31 December 2024
Directors
James Hall Jonathan Hall
Company Number
09687154 (England and Wales)
Registered Office
Bridge House Packington Ashby de la Zouch Leicestershire LE65 1WB United Kingdom
Accountants
Lime Associates 12 New Mill The Flour Mills Burton on Trent Staffordshire DE15 0TP
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HallNash Holdings Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
858
32,015
Investment property
5
844,105
844,105
Investments
6
200
200
845,163
876,320
Current assets
Debtors
7
855,053
873,868
Cash at bank and in hand
25,474
24,583
880,527
898,451
Creditors: amounts falling due within one year
8
(74,125)
(83,376)
Net current assets
806,402
815,075
Total assets less current liabilities
1,651,565
1,691,395
Creditors: amounts falling due after more than one year
9
(1,188,347)
(1,253,472)
Net assets
463,218
437,923
Capital and reserves
Called up share capital
75
75
Capital redemption reserve
25
25
Profit and loss account
463,118
437,823
Shareholders' funds
463,218
437,923
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 3 March 2025 and were signed on its behalf by
James Hall Director Company Registration No. 09687154
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
HallNash Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 09687154. The registered office is Bridge House, Packington, Ashby de la Zouch, Leicestershire, LE65 1WB, 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:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
12,536
134,819
147,355
Additions
-
(70,000)
(70,000)
At 31 December 2024
12,536
64,819
77,355
Depreciation
At 1 January 2024
12,536
102,804
115,340
Charge for the year
-
17,158
17,158
On disposals
-
(56,001)
(56,001)
At 31 December 2024
12,536
63,961
76,497
Net book value
At 31 December 2024
-
858
858
At 31 December 2023
-
32,015
32,015
5
Investment property
2024
£
Fair value at 1 January 2024
844,105
At 31 December 2024
844,105
6
Investments
Subsidiary undertakings
£
Valuation at 1 January 2024
200
Valuation at 31 December 2024
200
The following were subsidiary undertakings at the Balance Sheet date: Sector 17 Ltd Registered Office: 15 Bridge Street, Packington, Ashby-de-la-Zouch, Leicestershire LE65 1WB Nature of Business: Other leisure activities Class of Shares: Ordinary Holding: 100% Bridge 15 Property Development Ltd Registered Office: 12 New Mill, The Flour Mills, Burton on Trent, Staffordshire, DE15 0TP Nature of Business: Property Development Class of Shares: Ordinary Holding: 100%
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HallNash Holdings Limited Notes to the Accounts for the year ended 31 December 2024
7
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
37,876
44,727
Amounts falling due after more than one year
Amounts due from group undertakings etc.
817,177
817,177
Other debtors
-
11,964
817,177
829,141
8
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
60,000
60,000
VAT
9,653
5,902
Taxes and social security
723
1,225
Other creditors
3,749
3,749
Deferred income
-
12,500
74,125
83,376
9
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
463,838
498,544
Loans from directors
724,509
754,928
1,188,347
1,253,472
Bank loans are secured by a first legal charge over the company's freehold investment property and a joint and several guarantee by the directors: Mr James Hall and Mr Jonathan Hall.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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