HOLY COW (PUTNEY) LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06758382

HOLY COW (PUTNEY) LIMITED

Filleted Unaudited Financial Statements

31 December 2024

HOLY COW (PUTNEY) LIMITED

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	6		30,462	28,281

Current assets

Stocks		3,135	3,852
Debtors	7	14,052	30,341
Investments	8	104,684	104,684
Cash at bank and in hand		30,315	26,117
		---------	---------
		152,186	164,994

Creditors: amounts falling due within one year	9	69,405		38,044
		---------		---------
Net current assets			82,781	126,950
			---------	---------
Total assets less current liabilities			113,243	155,231

Creditors: amounts falling due after more than one year	10	15,000	24,947
		---------	---------
Net assets		98,243	130,284
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	98,143	130,184
	--------	---------
Shareholders funds	98,243	130,284
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

HOLY COW (PUTNEY) LIMITED

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 29 December 2025 , and are signed on behalf of the board by:

K Acharya
Director

Company registration number: 06758382

HOLY COW (PUTNEY) LIMITED

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 792 Wickham Road, Croydon, Surrey, CR0 8EA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	over 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Equipment	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2023: 19 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2024 and 31 December 2024	64,751
	--------
Amortisation
At 1 January 2024 and 31 December 2024	64,751
	--------
Carrying amount
At 31 December 2024	–
	--------
At 31 December 2023	–
	--------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 January 2024	39,731	17,683	38,556	95,970
Additions	–	7,558	–	7,558
	--------	--------	--------	---------
At 31 December 2024	39,731	25,241	38,556	103,528
	--------	--------	--------	---------
Depreciation
At 1 January 2024	25,014	13,879	28,796	67,689
Charge for the year	2,208	1,705	1,464	5,377
	--------	--------	--------	---------
At 31 December 2024	27,222	15,584	30,260	73,066
	--------	--------	--------	---------
Carrying amount
At 31 December 2024	12,509	9,657	8,296	30,462
	--------	--------	--------	---------
At 31 December 2023	14,717	3,804	9,760	28,281
	--------	--------	--------	---------

7. Debtors

	2024	2023
	£	£
Trade debtors	9,963	21,120
Other debtors	4,089	9,221
	--------	--------
	14,052	30,341
	--------	--------

8. Investments

	2024	2023
	£	£
Other investment-166 Battersea Bridge Road	30,000	30,000
Other investment- 240 Upper Richmond Road	45,684	45,684
Other investments - Kebab property	29,000	29,000
	---------	---------
	104,684	104,684
	---------	---------

9. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	24,359	871
Corporation tax	12,732	4,603
Social security and other taxes	29,814	32,570
Other creditors	2,500	–
	--------	--------
	69,405	38,044
	--------	--------

10. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	15,000	24,947
	--------	--------

11. Director's advances, credits and guarantees

	2024	2023
	£	£
(Advances)/ Credits
Director Loan Accounts	(4,089)	(9,221)
	-------	-------