REGISTERED NUMBER: 00572363 (England and Wales)

HOLLMAN GARAGES (1979) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

3,000,000

3,000,000

CURRENT ASSETS

Cash at bank

111,835

127,154

CREDITORS

Amounts falling due within one year

5

173,546

145,075

NET CURRENT LIABILITIES

(61,711

)

(17,921

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,938,289

2,982,079

PROVISIONS FOR LIABILITIES

598,000

598,000

NET ASSETS

2,340,289

2,384,079

CAPITAL AND RESERVES

Called up share capital

102,800

102,800

Retained earnings

2,237,489

2,281,279

2,340,289

2,384,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 December 2025 and were signed by:

R C Parsons - Director

1.	STATUTORY INFORMATION

Hollman Garages (1979) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00572363

Registered office:

136 Park Avenue

Enfield

Middlesex

EN1 2BJ

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 October 2024

and 30 September 2025

3,000,000

NET BOOK VALUE

At 30 September 2025

3,000,000

At 30 September 2024

3,000,000

Cost or valuation at 30 September 2025 is represented by:

Land and

buildings

£

Valuation in 2007

450,000

Valuation in 2018

2,550,000

3,000,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,327

-

Taxation and social security

23,810

22,313

Other creditors

147,409

122,762

173,546

145,075

6.	RELATED PARTY DISCLOSURES

During the year, Mr Parsons (Director) loaned the company money with no set repayment date. At the year end the amount due from the company to the director was £88,953.

In accordance with the shareholdings, dividends were received by Mr Parsons £59,855 (2024: £60,000), Mrs Parsons £34,999 (2024: £35,084), Miss L Parsons £11,822 (2024: £5,400) and Mrs S Etheridge £11,822 (2024: £5,400).

7.	ULTIMATE CONTROLLING PARTY

The controlling party is R C Parsons.