Holexa Limited - Accounts

Registered number

07508322

Holexa Limited

Report and Accounts

30 September 2014

Holexa Limited
Report and accounts
Contents
Page
Company information	1
Directors' report	2 - 3
Independent auditors' report	4
Profit and loss account	5
Balance sheet	6
Notes to the accounts	7 - 8
The following do not form part of the statutory accounts:
Detailed profit and loss account	9
Schedule to the detailed profit and loss account	10

Holexa Limited

Company Information

Directors

J B Fry

J P Shuker - resigned 22 September 2014

J L Bedlow - appointed 22 September 2014

Auditors

White Hart Associates (London) Limited

East House

109 South Worple Way

London

SW14 8TN

Bankers

National Westminster Bank Plc

22 Kings Mall

Hammersmith

London

W6 OQD

Registered office

Plantation House

261-263 Ecclesall Road

Sheffield

South Yorkshire

S11 8NX

Registered number

07508322

Holexa Limited
Registered number:			07508322
Directors' Report
The directors present their report and accounts for the year ended 30 September 2014.
Principal activities
The company did not trade during the year.
Directors
The following persons served as directors during the year:
	J B Fry
	J P Shuker - resigned 22 September 2014
	J L Bedlow - appointed 22 September 2014
Directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are also responsible for the maintenance and integrity of the corporate and financial information included on the company's website.
Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 17 February 2015 and signed on its behalf.

J B Fry

Director

Holexa Limited

Independent auditors' report

to the member of Holexa Limited

We have audited the accounts of Holexa Limited for the year ended 30 September 2014 which comprise the Profit and Loss Account, the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and the Financial Reporting Standard For Smaller Entities (effective January 2015) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities).

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of directors and auditors

As explained more fully in the Statement of Directors' Responsibilities, the directors are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the accounts in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's (APB's) Ethical Standards for Auditors.

In accordance with the exemption provided by APB Ethical Standard - Provisions Available for Smaller Entities (Revised), we have prepared and submitted the company’s returns to the tax authorities and assisted with the preparation of the accounts.

Scope of the audit of the accounts

A description of the scope of an audit of financial statements is provided on the APB’s website at www.frc.org.uk/auditscopeukprivate

Opinion on the accounts
In our opinion the accounts:
●	give a true and fair view of the state of the company's affairs as at 30 September 2014 and of its loss for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities; and
●	have been prepared in accordance with the requirements of the Companies Act 2006.

Opinion on other matters prescribed by the Companies Act 2006
In our opinion the information given in the Directors' Report for the financial year for which the accounts are prepared is consistent with the accounts.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the accounts are not in agreement with the accounting records and returns; or
●	certain disclosures of directors’ remuneration specified by law are not made; or
●	we have not received all the information and explanations we require for our audit; or
●	the directors were not entitled to prepare the accounts in accordance with the small companies regime and take advantage of the small companies’ exemption in preparing the directors’ report and take advantage of the small companies exemption from the requirement to prepare a strategic report.
M S Caldicott ACA FCCA CTA
(Senior Statutory Auditor)		East House
for and on behalf of		109 South Worple Way
White Hart Associates (London) Limited		London
Accountants and Statutory Auditors		SW14 8TN
17 February 2015

Holexa Limited
Profit and Loss Account
for the year ended 30 September 2014
Notes						2014		2013
£							£
Administrative expenses						(69)		(61)
Operating loss						(69)		(61)
Interest receivable						16		-
Loss on ordinary activities before taxation						(53)		(61)
Tax on loss on ordinary activities				2		-		20,969
(Loss)/profit for the financial year						(53)		20,908

Holexa Limited
Balance Sheet
as at 30 September 2014
Notes				2014			2013
£					£
Fixed assets
Intangible assets	3			158,844			158,844
Current assets
Debtors	4		-			20,969
Cash at bank and in hand			31,858			10,942
			31,858			31,911
Creditors: amounts falling due within one year	5		(175,121)			(175,121)
Net current liabilities				(143,263)			(143,210)
Net assets				15,581			15,634
Capital and reserves
Called up share capital	6			100			100
Profit and loss account	7			15,481			15,534
Shareholder's funds				15,581			15,634
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
J B Fry
Director
Approved by the board on 17 February 2015

Holexa Limited
Notes to the Accounts
for the year ended 30 September 2014
1	Accounting policies
	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2	Taxation					2014		2013
£							£
	UK corporation tax					-		(20,969)
3	Intangible fixed assets							£
	Development costs and domain name:
	Cost
	At 1 October 2013							158,844
	At 30 September 2014							158,844
	Amortisation
	At 30 September 2014							-
	Net book value
	At 30 September 2014							158,844
	At 30 September 2013							158,844
	Development and domain name costs are to be written off in equal instalments over their respective estimated economic lives of 4 years and 10 years.
4	Debtors					2014		2013
£							£
	Other debtors					-		20,969
5	Creditors: amounts falling due within one year					2014		2013
£							£
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					175,121		175,121
6	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100
7	Profit and loss account					2014
£
	At 1 October 2013					15,534
	Loss for the year					(53)
	At 30 September 2014					15,481
8	Related party transactions
	The company has taken advantage of the exemptions conferred in Financial Reporting Standards No 8 from the requirement to disclose transactions with other group companies on the basis that consolidated accounts are prepared for the immediate and ultimate holding company, Alpha International Accommodation Limited.
9	Ultimate controlling party
	The company's immediate and ultimate holding company is Alpha International Accommodation Limited, a company registered in England and Wales. Copies of the financial statements of Alpha International Accommodation Limited can be obtained from Plantation House, 261 - 263 Ecclesall Road, Sheffield, South Yorkshire, S11 8NX. The ultimate controlling party is a director, J B Fry, by virtue of his majority shareholding in the issued share capital of the immediate and ultimate holding company, Alpha International Accommodation Limited.