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Company Registration No. 12446424 (England and Wales)
Holloway Food Ltd Unaudited accounts for the year ended 28 February 2025
Holloway Food Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Holloway Food Ltd Company Information for the year ended 28 February 2025
Director
Mr G Killi
Company Number
12446424 (England and Wales)
Registered Office
191 Holloway Road London N7 8DJ England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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Holloway Food Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
9,500
11,400
Tangible assets
5
8,720
10,172
18,220
21,572
Current assets
Inventories
25,725
25,225
Debtors
6
798
823
Cash at bank and in hand
6,425
8,080
32,948
34,128
Creditors: amounts falling due within one year
7
(43,463)
(45,109)
Net current liabilities
(10,515)
(10,981)
Total assets less current liabilities
7,705
10,591
Creditors: amounts falling due after more than one year
8
(1,089)
(5,089)
Net assets
6,616
5,502
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
6,516
5,402
Shareholders' funds
6,616
5,502
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 10 October 2025 and were signed on its behalf by
Mr G Killi Director Company Registration No. 12446424
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Holloway Food Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Holloway Food Ltd is a private company, limited by shares, registered in England and Wales, registration number 12446424. The registered office is 191 Holloway Road, London, N7 8DJ, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
5 years - reducing balance method
Motor vehicles
5 years - reducing balance method
Fixtures & fittings
10 years - reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Holloway Food Ltd Notes to the Accounts for the year ended 28 February 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2024
19,000
At 28 February 2025
19,000
Amortisation
At 1 March 2024
7,600
Charge for the year
1,900
At 28 February 2025
9,500
Net book value
At 28 February 2025
9,500
At 29 February 2024
11,400
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
1,290
7,221
8,574
17,085
At 28 February 2025
1,290
7,221
8,574
17,085
Depreciation
At 1 March 2024
629
3,523
2,761
6,913
Charge for the year
132
739
581
1,452
At 28 February 2025
761
4,262
3,342
8,365
Net book value
At 28 February 2025
529
2,959
5,232
8,720
At 29 February 2024
661
3,698
5,813
10,172
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
25
Accrued income and prepayments
798
798
798
823
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Holloway Food Ltd Notes to the Accounts for the year ended 28 February 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,000
4,000
VAT
1,999
2,027
Obligations under finance leases and hire purchase contracts
-
1,722
Trade creditors
561
2,256
Taxes and social security
1,017
1,328
Loans from directors
34,719
32,609
Accruals
1,167
1,167
43,463
45,109
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,089
5,089
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Included within other creditors is an amount of £34,719 (2024: £32,609) due to its director. There are no terms as to interest or repayment in respect of this balance.
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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