Company Registration No. 06422149 (England and Wales)
HLN Holdings Limited
Unaudited accounts
for the year ended 30 April 2022
HLN Holdings Limited
Unaudited accounts
Contents
HLN Holdings Limited
Company Information
for the year ended 30 April 2022
Directors
M J O'Brien
D Callaghan
T O'Brien
Secretary
Mrs S E O'Brien
Company Number
06422149 (England and Wales)
Registered Office
THE MALTINGS
EAST TYNDALL STREET
CARDIFF
CF24 5EA
WALES
HLN Holdings Limited
Statement of financial position
as at
30 April 2022
Investments
1,137,950
1,137,950
Creditors: amounts falling due within one year
(730,229)
(1,133,708)
Net current liabilities
(729,159)
(1,132,218)
Called up share capital
104
104
Profit and loss account
408,687
5,628
Shareholders' funds
408,791
5,732
For the year ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 December 2022 and were signed on its behalf by
M J O'Brien
Director
Company Registration No. 06422149
HLN Holdings Limited
Notes to the Accounts
for the year ended 30 April 2022
HLN Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 06422149. The registered office is THE MALTINGS, EAST TYNDALL STREET, CARDIFF, CF24 5EA, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Fixed asset investments are stated at historical cost less provision for any permanent diminution in value
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Investments
Subsidiary undertakings
Valuation at 1 May 2021
1,137,950
Valuation at 30 April 2022
1,137,950
Amounts falling due within one year
HLN Holdings Limited
Notes to the Accounts
for the year ended 30 April 2022
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
725,577
1,079,056
Loans from directors
4,351
54,351
The following secured debts are included within credtiors falling due witin one year:
Bank overdrafts £675,327 (2021: £1,015,698)
Bank loans £50,249 (2021: £63,358)
Unlimited multilateral guarantee dated 20 January 2014 given to HLN Holdings Limited, HLN Limited, HLN Architects (Midlands) Limited, HLN Engineering Limited, John Pryke & Partners Limited
Debenture including Fixed Charge over all present freehold and leasehold property. First Fixed Charge over book and other debts, chattels, goodwill and uncalled capital, both present and future, and First Floating Charge over all assets and undertaking both present and future dated 12 November 2010
Debenture held against other creditors including Fixed Charge over all present freehold and leasehold property and Floating Charge over all assets and undertaking both present and future dated 1 June 2012
Debenture including a fixed and floating charge over all assets dated 24 October 2013
Debenture including Fixed Charge over all present freehold and leasehold property, First Fixed Charge over book and other debts, chattels, goodwill and uncalled capital, both present and future, and First Floating Charge over all assets and undertakings both present and future dated 23 April 2015
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Share capital
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
2 B shares of £1 each
2
2
2 C shares of £1 each
2
2
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Average number of employees
During the year the average number of employees was 3 (2021: 3).