Hay Cinema Bookshop Holdings Limited

Registered number

04464003

Unaudited Filleted Accounts

31 August 2025

Hay Cinema Bookshop Holdings Limited
Registered number:		04464003
Balance Sheet
as at 31 August 2025

Notes			2025		2024
£				£
Fixed assets
Investments	3		500,000		500,000


Net current assets			-		-

Net assets			500,000		500,000

Capital and reserves
Called up share capital			500,000		500,000

Shareholder's funds			500,000		500,000

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 480 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Gregory Coombes
Director
Approved by the board on 26 May 2026

Hay Cinema Bookshop Holdings Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	0		0


3	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 September 2024			500,000

	At 31 August 2025			500,000

	Historically, the classification of share capital and investments between fixed assets and investments has been inconsistent, and establishing the appropriate treatment has been complicated by the historic accounting entries. Companies House records the share capital at £500,000, while the investment in Hay Cinema Bookshop Limited is reflected at £250,002 in the subsidiary accounts. It appears that an original loan of £250,000 payable by the holding company was subsequently cleared and effectively converted into equity through reserves. As a result, the investment appears to have been uplifted or reclassified within the holding company accounts only.


4	Related party transactions

	During the year, the company had a loan outstanding to Hay Cinema Bookshop Limited which Hay Cinema Bookshop Holdings Limited is the sole shareholder of. As at 31st August 2025, the amount owed to Hay Cinema Bookshop Limited was £NIL.

5	Transactions with Directors

	During the year Director, Gregory Coombes used a current account with the company to record amounts due to him and amounts drawn by him. As at 31st August 2025 the account owed £NIL back to Gregory Coombes (2024: £NIL). During the year Director, Deborah Clark used a current account with the company to record amounts due to her and amounts drawn by her. As at 31st Agust 2025 the account owed £NIL back to Deborah Clark (2024: £NIL).

6	Controlling party

	Deborah Clarke and Gregory Coombes each hold 20% of the share capital and are the directors of the holding company, together they are the controlling party of Hay Cinema Bookshop Holdings Limited


7	Other information

	Hay Cinema Bookshop Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	The Old Cinema
	Castle Street
	Hay-on-Wye
	Hereford
	HR3 5DF