REGISTERED NUMBER: 07597750 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 APRIL 2025

FOR

HOLMTREE DEVELOPMENTS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P N Spence

Mrs J L Ellicott

REGISTERED OFFICE:

Woodhouse Fold Farm

Woodhouse Lane

Norden

Rochdale

Lancashire

OL12 7TB

REGISTERED NUMBER:

07597750 (England and Wales)

ACCOUNTANTS:

TC Group

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

4

18,448

15,203

CURRENT ASSETS

Stocks

1,004,570

819,092

Debtors

224,922

204,209

Cash at bank

309,968

101,965

1,539,460

1,125,266

CREDITORS

Amounts falling due within one year

690,344

284,860

NET CURRENT ASSETS

849,116

840,406

TOTAL ASSETS LESS CURRENT LIABILITIES

867,564

855,609

CREDITORS

Amounts falling due after more than one year

5,001

15,000

NET ASSETS

862,563

840,609

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

862,463

840,509

SHAREHOLDERS' FUNDS

862,563

840,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 29 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

P N Spence - Director

Mrs J L Ellicott - Director

1.	STATUTORY INFORMATION

Holmtree Developments 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

-

15% on reducing balance

Fixtures and fittings

-

15% 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 Statement of Income and Retained Earnings, 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 30 April 2024

34,750

Additions

6,500

At 29 April 2025

41,250

DEPRECIATION

At 30 April 2024

19,547

Charge for year

3,255

At 29 April 2025

22,802

NET BOOK VALUE

At 29 April 2025

18,448

At 29 April 2024

15,203

5.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other creditors

417,500

-

Amounts secured included in other creditors are secured on the land and building project included withing stocks and work in progress.

6.	RELATED PARTY DISCLOSURES

The company received a loan from Peter Spence Limited during the year of £200,000 which is included in other creditors falling due within 1 year. The loan is interest free and repayable upon demand. Mr. P. Spence is a director and shareholder of both Peter Spence Limited and Holmtree Developments Limited.