Hollis Motors Limited - Period Ending 2021-12-31

Hollis Motors Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 5

Hollis Motors Limited

Company Information

Directors

Mr JW Hollis Miss JA Lewis

Registered office

1 Crabble Hill Buckland Dover Kent CT17 0RS

Accountants

Beresfords Chartered Certified Accountants 1-2 Rhodium Point Spindle Close Hawkinge Folkestone Kent CT18 7TQ

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Hollis Motors Limited
for the Year Ended 31 December 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hollis Motors Limited for the year ended 31 December 2021 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-
and-standards/rulebook.html.

This report is made solely to the Board of Directors of Hollis Motors Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hollis Motors Limited and state those matters that we have agreed to state to the Board of Directors of Hollis Motors Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-
search/2009/october/factsheet-163-audit-exempt-companies.html.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hollis Motors Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hollis Motors Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Hollis Motors Limited. You consider that Hollis Motors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hollis Motors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge
Folkestone
Kent
CT18 7TQ

25 August 2022

Hollis Motors Limited

(Registration number: 00718154)
Balance Sheet as at 31 December 2021

	Note	2021 £	2020 £
Fixed assets
Investments	4	2,915	2,915
Capital and reserves
Called up share capital		2,000	2,000
Retained earnings		915	915
Shareholders' funds		2,915	2,915

For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 25 August 2022 and signed on its behalf by:
 

......................................... Mr JW Hollis Director

......................................... Miss JA Lewis Director

Hollis Motors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021

1	General information

Hollis Motors Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 00718154 and registered office address is as follows:

1 Crabble Hill
Buckland
Dover
Kent
CT17 0RS

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

No judgements have been made in the process of applying the above accounting policies that have had a significant effect on the amounts recognised in the financial statements.

No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made.

Investments

The investment represents a loan to the holding company W.& G.Hollis Limited.

Hollis Motors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021 (continued)

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2020 - 2).

4	Investments

	2021 £	2020 £
Loan to group company	2,915	2,915

5	Controlling party

W.& G.Hollis Limited is regarded by the directors as being the ultimate parent company. The ultimate controlling party is JW Hollis.