REGISTERED NUMBER: 05081494 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Holloway Ceilings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Holloway

Mrs D A Holloway

REGISTERED OFFICE:

126

Corbets Tey Road

Upminster

Essex

RM14 2ED

REGISTERED NUMBER:

05081494 (England and Wales)

FIXED ASSETS

Tangible assets

4

5,165

6,546

CURRENT ASSETS

Stocks

95,597

75,683

Debtors

5

478,199

754,213

Cash at bank and in hand

476,052

424,244

1,049,848

1,254,140

CREDITORS

Amounts falling due within one year

6

520,420

501,506

NET CURRENT ASSETS

529,428

752,634

TOTAL ASSETS LESS CURRENT LIABILITIES

534,593

759,180

CREDITORS

Amounts falling due after more than one year

7

(12,500

)

(22,500

)

PROVISIONS FOR LIABILITIES

(1,637

)

(1,637

)

NET ASSETS

520,456

735,043

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

520,356

734,943

520,456

735,043

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2025 and were signed on its behalf by:

J D Holloway - Director

1.	STATUTORY INFORMATION

Holloway Ceilings 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.

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.

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

47,680

DEPRECIATION

At 1 April 2024

41,134

Charge for year

1,381

At 31 March 2025

42,515

NET BOOK VALUE

At 31 March 2025

5,165

At 31 March 2024

6,546

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

(543,108

)

(334,314

)

Amounts owed by associates

800,297

800,297

S455 Recoverable

54,210

54,210

Other debtors

-

67,220

311,399

587,413

Amounts falling due after more than one year:

Other debtors

166,800

166,800

Aggregate amounts

478,199

754,213

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

239,429

218,006

Taxation and social security

259,644

252,022

Other creditors

21,347

31,478

520,420

501,506

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

12,500

22,500

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

J D Holloway

Balance outstanding at start of year

166,800

166,800

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

166,800

166,800

9.	RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £800,297 was due back to the business by way of a loan to an associated company with common directors.