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
Holloway Food Ltd
Company Information
for the year ended 28 February 2025
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
Holloway Food Ltd
Statement of financial position
as at 28 February 2025
Intangible assets
9,500
11,400
Tangible assets
8,720
10,172
Cash at bank and in hand
6,425
8,080
Creditors: amounts falling due within one year
(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
(1,089)
(5,089)
Called up share capital
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
Holloway Food Ltd
Notes to the Accounts
for the year ended 28 February 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Holloway Food Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Intangible fixed assets
Goodwill
At 28 February 2025
19,000
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
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
At 28 February 2025
529
2,959
5,232
8,720
At 29 February 2024
661
3,698
5,813
10,172
Amounts falling due within one year
Accrued income and prepayments
798
798
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
Obligations under finance leases and hire purchase contracts
-
1,722
Taxes and social security
1,017
1,328
Loans from directors
34,719
32,609
8
Creditors: amounts falling due after more than one year
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).