Nolan Holdings Limited - Accounts to registrar (filleted) - small 22.3

Nolan Holdings Limited - Accounts to registrar (filleted) - small 22.3


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REGISTERED NUMBER: 02023134 (England and Wales)















Financial Statements for the Year Ended 31 March 2022

for

Nolan Holdings Limited

Nolan Holdings Limited (Registered number: 02023134)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Nolan Holdings Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: H Nolan
Mrs M E Nolan
Mrs T A Westlake
M Nolan





SECRETARY: Streatham Secretarial Limited





REGISTERED OFFICE: Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY





REGISTERED NUMBER: 02023134 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
Chartered Accountants
Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY

Nolan Holdings Limited (Registered number: 02023134)

Abridged Balance Sheet
31 March 2022

31/3/22 31/3/21
Notes £ £
FIXED ASSETS
Tangible assets 4 - -
Investments 5 15,000 15,000
Investment property 6 560,000 560,000
575,000 575,000

CURRENT ASSETS
Cash at bank 99,742 88,651

CREDITORS
Amounts falling due within one year (143,486 ) (139,138 )
NET CURRENT LIABILITIES (43,744 ) (50,487 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

531,256

524,513

CAPITAL AND RESERVES
Called up share capital 900 900
Revaluation reserve 7 514,061 514,061
Retained earnings 16,295 9,552
SHAREHOLDERS' FUNDS 531,256 524,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Nolan Holdings Limited (Registered number: 02023134)

Abridged Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2022 and were signed on its behalf by:





H Nolan - Director


Nolan Holdings Limited (Registered number: 02023134)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Nolan Holdings Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Nolan Holdings Limited (Registered number: 02023134)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 April 2021
and 31 March 2022 3,200
DEPRECIATION
At 1 April 2021
and 31 March 2022 3,200
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 -

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£
COST
At 1 April 2021
and 31 March 2022 15,000
NET BOOK VALUE
At 31 March 2022 15,000
At 31 March 2021 15,000

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2021
and 31 March 2022 560,000
NET BOOK VALUE
At 31 March 2022 560,000
At 31 March 2021 560,000

Nolan Holdings Limited (Registered number: 02023134)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. RESERVES
Revaluation
reserve
£
At 1 April 2021
and 31 March 2022 514,061