REGISTERED NUMBER: 07718238 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

FOR

HOLLY 1 LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D E Bayntun

H J Grainger

REGISTERED OFFICE:

146-148 Newington Butts

S L S

London

SW11 4RN

REGISTERED NUMBER:

07718238 (England and Wales)

ACCOUNTANTS:

Underwood Barron Associates Limited

13 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

4,320,000

4,475,000

4,320,000

4,475,000

CURRENT ASSETS

Debtors

6

1,208,123

1,197,964

Cash at bank

65,021

26,411

1,273,144

1,224,375

CREDITORS

Amounts falling due within one year

7

283,869

115,380

NET CURRENT ASSETS

989,275

1,108,995

TOTAL ASSETS LESS CURRENT LIABILITIES

5,309,275

5,583,995

CREDITORS

Amounts falling due after more than one year

8

(2,150,498

)

(2,347,718

)

PROVISIONS FOR LIABILITIES

(570,699

)

(609,449

)

NET ASSETS

2,588,078

2,626,828

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

1,827,965

1,827,965

Retained earnings

760,013

798,763

SHAREHOLDERS' FUNDS

2,588,078

2,626,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23rd April 2026 and were signed on its behalf by:

M D E Bayntun - Director

1.	STATUTORY INFORMATION

Holly 1 Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income from the investment properties.

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 etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st August 2024

and 31st July 2025

23,907

DEPRECIATION

At 1st August 2024

and 31st July 2025

23,907

NET BOOK VALUE

At 31st July 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2024

4,475,000

Revaluations

(155,000

)

At 31st July 2025

4,320,000

NET BOOK VALUE

At 31st July 2025

4,320,000

At 31st July 2024

4,475,000

Fair value at 31st July 2025 is represented by:

£

Valuation in 2015

1,435,503

Valuation in 2017

(129

)

Valuation in 2018

394,237

Valuation in 2019

46,565

Valuation in 2020

300,000

Valuation in 2021

253,434

Valuation in 2022

99,187

Valuation in 2024

(91,000

)

Valuation in 2025

(155,000

)

Cost

2,037,203

4,320,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

2,037,203

2,037,203

Aggregate depreciation

(523,509

)

(482,629

)

Investment properties were valued on an open market basis basis on 31st July 2025 by the directors .

6.

DEBTORS

31.7.25

31.7.24

£

£

Amounts falling due within one year:

Trade debtors

1,192

79

Amounts owed by associates

20,275

14,181

Other debtors

6,648

3,696

28,115

17,956

Amounts falling due after more than one year:

Amounts owed by associates

1,180,008

1,180,008

Aggregate amounts

1,208,123

1,197,964

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

184,111

37,688

Taxation and social security

25,600

6,028

Other creditors

74,158

71,664

283,869

115,380

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

2,119,027

2,310,937

Amounts owed to associates

1,400

-

Other creditors

30,071

36,781

2,150,498

2,347,718

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

2,014,731

2,160,185

Other loans more 5yrs instal

2,111

8,172

2,016,842

2,168,357

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

2,303,138

2,348,625

The loans are secured by charges on the company's investment properties.

10.

RESERVES

Fair

value

reserve

£

At 1st August 2024

and 31st July 2025

1,827,965