Holly Heights Company Limited iXBRL

Company Registration Number: NI673267

Holly Heights Company Limited

Unaudited Financial Statements

for the financial period ended 31 December 2025

Holly Heights Company Limited

Company Registration Number: NI673267

STATEMENT OF FINANCIAL POSITION

as at 31 December 2025

Dec 25

Sep 24

Notes

Current Assets

Debtors

26,930,335

26,930,109

Creditors: amounts falling due within one year

(29,385,909)

(29,048,766)

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Net Current Liabilities

(2,455,574)

(2,118,657)

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Total Assets less Current Liabilities

(2,455,574)

(2,118,657)

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Capital and Reserves

Called up share capital

Retained earnings

(2,455,575)

(2,118,658)

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Equity attributable to owners of the company

(2,455,574)

(2,118,657)

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Director and authorised for issue on 13 August 2026



________________________________
Mr E Laverty
Director

Holly Heights Company Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial period ended 31 December 2025

General Information

Holly Heights Company Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI673267. The registered office of the company is 17-19 Dungannon Road, Cookstown which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial period ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Cash flow exemption

Under the small entity provision within FRS102 Section 1A small companies can claim exemption from preparing a cash flow statement.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Significant accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Period of financial statements

The financial statements are for the 15 month period ended 31 December 2025.

Going concern

The Company made a loss during the period ended 31 December 2025 and at that date the Companies liabilities exceeded its assets.

The ability of the Company to continue as a going concern will depend on the continuing availability of its related party funding.

The directors are confident that should additional funding be required, that they would be able to source this, if necessary, from within related companies. After making enquiries the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and the financial statements.

Employees

There were no employees other than the director during the year. The directors did not receive any remuneration from the Company during the year. The directors are the key management of the Company.


7.	Debtors	Dec 25	Sep 24
		£	£

	Amounts owed by group undertakings	65,091	1,191
	Amounts owed by related parties	26,865,243	26,928,917
	Other debtors	1	1
		─────────	─────────
		26,930,335	26,930,109
		═════════	═════════


8.	Creditors	Dec 25	Sep 24
	Amounts falling due within one year	£	£

	Amounts owed to related parties (Note 12)	29,062,906	28,402,080
	Taxation (Note 9)	323,003	614,487
	Accruals	-	32,199
		─────────	─────────
		29,385,909	29,048,766
		═════════	═════════


9.	Taxation	Dec 25	Sep 24
		£	£

	Creditors:
	Corporation tax	323,003	614,487
		═════════	═════════

10.

Capital commitments

The company had no material capital commitments at the financial period-ended 31 December 2025.

11.

Contingent liabilities

The company had no contingent liabilities at the financial period-ended 31 December 2025.

12.

Related party transactions

Dec 25

Sep 24

Finance amounts owed to related parties

2,197,663

1,473,163

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The Company has taken the advantage of the exemption under FRS 102 Section 33.1A not to disclose transactions with entities that are part of the group.

13.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial period-end.


14.	Called up share capital

	Issued, called up and fully paid

		Dec 25	Sep 24
		£	£

	Ordinary shares of £0.001 each	1	1
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