Holywell Yarns Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03435916

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		44		59

			44		59
CURRENT ASSETS
Debtors	5	55,207		15,600
Cash at bank and in hand		39,276		108,582

		94,483		124,182
Creditors: Amounts Falling Due Within One Year	6	(13,446 )		(14,224 )

NET CURRENT ASSETS (LIABILITIES)			81,037		109,958

TOTAL ASSETS LESS CURRENT LIABILITIES			81,081		110,017

NET ASSETS			81,081		110,017

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			80,981		109,917

SHAREHOLDERS' FUNDS			81,081		110,017

Page 1

Page 2

Holywell Yarns Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms S S Haynes

Director

19th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Holywell Yarns Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03435916 . The registered office is 1 Princes Court, Royal Way, Loughborough, Leicestershire, LE11 5XR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15% of net book value per annum

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	7,063

As at 31 March 2025	7,063

Depreciation
As at 1 April 2024	7,004
Provided during the period	15

As at 31 March 2025	7,019

Net Book Value
As at 31 March 2025	44

As at 1 April 2024	59

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Holywell Yarns Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	10,000	10,000
Loan to Holywell Lettings ltd	10,000	5,000
Directors' loan accounts	35,207	600

	55,207	15,600

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Other taxes and social security	879	364
Accruals and deferred income	1,540	1,540
Directors' loan accounts	11,027	12,320

	13,446	14,224

7. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	100	100