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

COMPANY REGISTRATION NUMBER: 07147207

HOLY COW (ARCHWAY) LIMITED

Filleted Unaudited Financial Statements

31 December 2024

HOLY COW (ARCHWAY) LIMITED

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		17,859	9,849

Current assets

Stocks		2,660	3,866
Debtors	6	27,512	43,378
Investments	7	76,226	37,000
Cash at bank and in hand		26,312	22,655
		---------	---------
		132,710	106,899

Creditors: amounts falling due within one year	8	96,794		68,501
		---------		---------
Net current assets			35,916	38,398
			--------	--------
Total assets less current liabilities			53,775	48,247

Creditors: amounts falling due after more than one year	9	13,687	23,649
		--------	--------
Net assets		40,088	24,598
		--------	--------

Capital and reserves

Called up share capital	200	200
Profit and loss account	39,888	24,398
	--------	--------
Shareholders funds	40,088	24,598
	--------	--------

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 comprehensive income 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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

HOLY COW (ARCHWAY) LIMITED

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 31 December 2025 , and are signed on behalf of the board by:

K Acharya

Director

Company registration number: 07147207

HOLY COW (ARCHWAY) 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.

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	-	20% reducing balance
Equipment	-	20% reducing balance

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.

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.

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: 22 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 January 2024	18,083	14,248	18,028	50,359
Additions	1,325	8,774	–	10,099
	--------	--------	--------	--------
At 31 December 2024	19,408	23,022	18,028	60,458
	--------	--------	--------	--------
Depreciation
At 1 January 2024	16,490	9,146	14,874	40,510
Charge for the year	438	1,020	631	2,089
	--------	--------	--------	--------
At 31 December 2024	16,928	10,166	15,505	42,599
	--------	--------	--------	--------
Carrying amount
At 31 December 2024	2,480	12,856	2,523	17,859
	--------	--------	--------	--------
At 31 December 2023	1,593	5,102	3,154	9,849
	--------	--------	--------	--------

6. Debtors

	2024	2023
	£	£
Trade debtors	17,677	42,054
Other debtors	9,835	1,324
	--------	--------
	27,512	43,378
	--------	--------

7. Investments

	2024	2023
	£	£
Kebab Property	37,000	37,000
Other investments	39,226	–
	--------	--------
	76,226	37,000
	--------	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	23,263	21,691
Corporation tax	28,211	11,050
Social security and other taxes	34,400	34,505
Other creditors	10,920	1,255
	--------	--------
	96,794	68,501
	--------	--------

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

	2024	2023
	£	£
Bank loans and overdrafts	13,687	23,649
	--------	--------

10. Directors' advances, credits and guarantees

	2024	2023
	£	£
(advances)/credits
Director Loan Accounts	(9,835)	(1,324)
	-------	-------