FRS102 1A Filleted


Company registration number:						14320166
Holland & James Limited

Balance sheet
as at 31 March 2025

		2025		2024
	Note	£	£	£	£
Fixed assets
Tangible assets	4	41,372		47,559
			41,372		47,559
Current assets
Stocks		36,638		28,763
Debtors		8,611		16,236
Cash at bank and in hand		4,848		14,647
			50,097		59,646
Creditors: amounts falling due within one year			(53,597)		(42,421)
Net current (liabilities)/assets			(3,500)		17,225
Total assets less current liabilities			37,872		64,784
Creditors: Amounts falling due after more than one year			(21,710)		(36,497)
Provisions for liabilities			(7,861)		(2,419)
NET ASSETS			8,301		25,868

Capital and reserves
Called up share capital			2		2
Profit and loss account			8,299		25,866
TOTAL EQUITY			8,301		25,868


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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	Company registration number:		14320166
	Holland & James Limited

	Balance sheet - continued
	as at 31 March 2025

	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 to the Registrar.

	These financial statements were approved by the Board of directors and authorised for issue on 17 July 2025 and signed on its behalf by:

	Mr C Holland, Director
	17 July 2025

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Holland & James Limited

Notes to the financial statements
for the year ended 31 March 2025


1	Company information

	Holland & James Limited is a private company registered in England and Wales. Its registered number is 14320166. The company is limited by shares. Its registered office is 53 Solar Avenue, Leeds, LS9 8FU.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	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 or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Plant and machinery	-	10% straight line
	Computer equipment	-	33.3% straight line

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

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Holland & James Limited

Notes to the financial statements - continued
for the year ended 31 March 2025

2	Accounting policies - continued

	Taxation
	Taxation for the year comprises current and deferred taxation. 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 taxation
	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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3	Average number of employees

	During the year the average number of employees was 2 (2024 - 1).

4	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	At 1 April 2024	54,978
	Additions	318
	At 31 March 2025	55,296

	Depreciation
	At 1 April 2024	7,419
	Charge for year	6,505
	At 31 March 2025	13,924


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	Company registration number:	14320166

	Unaudited financial statements
	for the year ended 31 March 2025
	for
	Holland & James Limited


	Pages for filing with the Registrar