REGISTERED NUMBER: 07263078 (England and Wales)

HOLMWOOD DEVELOPMENTS (DERBY)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs E M Cholerton

Mr J E Cholerton

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

07263078 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Investment property

4

1,625,000

-

CURRENT ASSETS

Stocks

-

867,775

Debtors

5

864

755

Cash at bank

1,917

27,426

2,781

895,956

CREDITORS

Amounts falling due within one year

6

369,128

428,143

NET CURRENT (LIABILITIES)/ASSETS

(366,347

)

467,813

TOTAL ASSETS LESS CURRENT LIABILITIES

1,258,653

467,813

PROVISIONS FOR LIABILITIES

189,306

-

NET ASSETS

1,069,347

467,813

CAPITAL AND RESERVES

Called up share capital

7

200

200

Fair value reserve

8

567,919

-

Retained earnings

501,228

467,613

SHAREHOLDERS' FUNDS

1,069,347

467,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr J E Cholerton - Director

1.	STATUTORY INFORMATION

Holmwood Developments (Derby) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

867,775

Revaluations

757,225

At 31 May 2025

1,625,000

NET BOOK VALUE

At 31 May 2025

1,625,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2025

1,625,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

867,775

-

Aggregate depreciation

(17,355

)

-

Investment property was valued on an open market basis on 31 May 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

864

755

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

8,125

-

VAT

-

2,500

Other creditors

5,000

5,000

Directors' current accounts

355,013

419,701

Accruals and deferred income

990

942

369,128

428,143

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

200

8.

RESERVES

Fair

value

reserve

£

Transfer

757,225

Deferred tax adjustment on

revalued assets

(189,306

)

At 31 May 2025

567,919