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Company registration number:
08097710
Julian R Holmes Limited
Unaudited Filleted Financial Statements for the year ended
30 June 2025
The Barker Partnership
Chartered Accountants
44 Kirkgate, Ripon, North Yorkshire, HG4 1PB, England
Julian R Holmes Limited
Statement of Financial Position
30 June 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 6 | 285,828 |  | 148,598 |
Current assets |  |  |  |  |
Stocks |  | 2,500 |  | 2,500 |
Debtors | 7 | 176,301 |  | 156,087 |
Cash at bank and in hand |  | 509,987 |  | 67,883 |
|  | 688,788 |  | 226,470 |
Creditors: amounts falling due within one year | 8 | (263,908 | ) | (99,357 | )
Net current assets |  | 424,880 |  | 127,113 |
Total assets less current liabilities |  | 710,708 |  | 275,711 |
Creditors: amounts falling due after more than one year | 9 | (66,584 | ) | (41,134 | )
Provisions for liabilities |  | (65,967 | ) | (31,518 | )
Net assets |  | 578,157 |  | 203,059 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 578,057 |  | 202,959 |
Shareholders funds |  | 578,157 |  | 203,059 |

For the year ending
30 June 2025
, 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.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
16 March 2026
, and are signed on behalf of the board by:

J R Holmes | S J Holmes
Director | Director

Company registration number:
08097710
Julian R Holmes Limited
Notes to the Financial Statements
Year ended
30 June 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Highfield Farm Runs Bank
,
Bellerby
,
Leyburn
,
North Yorkshire
,
DL8 5JH
, United Kingdom.

## 2 Statement of compliance

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

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis. The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, 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.

## Current tax

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.

## Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed ten years.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | 2% straight line
Plant and machinery | 15% reducing balance
Fixtures, fittings and equipment | 15% reducing balance
Motor vehicles | 25% 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 stocks to their present location and condition.

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

## 5 Intangible assets

| Goodwill
--- | ---
| £
Cost |  |
At 1 July 2024 and 30 June 2025 | 25,000 |
Amortisation |  |
At 1 July 2024 and 30 June 2025 | 25,000 |
Carrying amount |  |
At 30 June 2025 | - |
At 30 June 2024 | - |

## 6 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 July 2024 | 28,156 |  | 267,854 |  | 296,010 |
Additions | - |  | 201,619 |  | 201,619 |
Disposals | - |  | (22,500 | ) | (22,500 | )
At 30 June 2025 | 28,156 |  | 446,973 |  | 475,129 |
Depreciation |  |  |  |  |  |
At 1 July 2024 | 5,630 |  | 141,782 |  | 147,412 |
Charge | 563 |  | 38,387 |  | 38,950 |
Disposals | - |  | 2,939 |  | 2,939 |
At 30 June 2025 | 6,193 |  | 183,108 |  | 189,301 |
Carrying amount |  |  |  |  |  |
At 30 June 2025 | 21,963 |  | 263,865 |  | 285,828 |
At 30 June 2024 | 22,526 |  | 126,072 |  | 148,598 |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 134,111 |  | 23,033 |
Other debtors | 42,190 |  | 133,054 |
| 176,301 |  | 156,087 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 21,776 |  | 22,000 |
Trade creditors | 4,736 |  | 13,192 |
Taxation and social security | 179,809 |  | 32,277 |
Other creditors | 57,587 |  | 31,888 |
| 263,908 |  | 99,357 |

The bank loans and overdraft are secured fixed and floating charges over the assets of the company. Included in other creditors are amounts under HP agreements that are secured on the assets that were purchased.

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

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | - |  | 27,471 |
Other creditors | 66,584 |  | 13,663 |
| 66,584 |  | 41,134 |

## 10 Directors' advances, credit and guarantees

During the year the company was provided by Mr J Holmes with an unsecured loan with no fixed repayment terms. At the start of the year the balance was £88,950 and advances of £140,966 were made while £250,860 was repaid leaving a closing figure included in current liabilities of £20,944 (2024 - start of the year the balance was £113,252 and advances of £51,698 were made while £76,000 was repaid leaving a closing figure included in current assets of £88,950).