Registered number: 04273383
**Holden F5 Steam Locomotive Trust**
**UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/08/2022**
## **Prepared By:**
Trafalgar Accounting and Taxation LLP 8 Emsons Close Linton Cambridge Cambs CB21 4NB
## **Holden F5 Steam Locomotive Trust**
**ACCOUNTS FOR THE YEAR ENDED 31/08/2022**
## **DIRECTORS**
S Cooper R W Ayton A B Kelly
## **SECRETARY**
S Cooper
## **REGISTERED OFFICE**
49 Beech Avenue Halstead Essex CO9 2TT
## **COMPANY DETAILS**
Private company limited by shares registered in EW - England and Wales, registered number 04273383
## **ACCOUNTANTS**
Trafalgar Accounting and Taxation LLP 8 Emsons Close Linton Cambridge Cambs CB21 4NB
page 1
## **Holden F5 Steam Locomotive Trust**
## **ACCOUNTS**
## **FOR THE YEAR ENDED 31/08/2022**
## **CONTENTS**
||Page|
|---|---|
|Directors' Report|3|
|Accountants' Report|4|
|Statement Of Comprehensive Income|5|
|Balance Sheet|6|
|Notes To The Accounts|7|
|The following do not form part of the statutory financial statements:||
|Trading And Profit And Loss Account|9|
|Profit And Loss Account Summaries|10|
page 2
## **Holden F5 Steam Locomotive Trust**
## **DIRECTORS' REPORT**
## **FOR THE YEAR ENDED 31/08/2022**
The directors present their report and accounts for the year ended 31/08/2022
## **DIRECTORS**
The directors who served during the year were as follows:
S Cooper R W Ayton A B Kelly
## **STATEMENT OF DIRECTORS RESPONSIBILITIES**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements 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 financial statements 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 financial statements the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements 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 disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements 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 report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on 24/03/2023
S Cooper Director
page 3
## **Holden F5 Steam Locomotive Trust**
## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF HOLDEN F5 STEAM LOCOMOTIVE TRUST, FOR THE YEAR ENDED 31/08/2022**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Holden F5 Steam Locomotive Trust for the year ended 31/08/2022 as set out on pages 5 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member of the ICAEW, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Holden F5 Steam Locomotive Trust, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Holden F5 Steam Locomotive Trust and state those matters that we have agreed to state to the Board of Directors of Holden F5 Steam Locomotive Trust, as a body, in this report, in accordance with the requirements of the ICAEW as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Holden F5 Steam Locomotive Trust and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Holden F5 Steam Locomotive Trust has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Holden F5 Steam Locomotive Trust. You consider that Holden F5 Steam Locomotive Trust 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 Holden F5 Steam Locomotive Trust. 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.
Trafalgar Accounting and Taxation LLP 8 Emsons Close Linton Cambridge Cambs CB21 4NB 24/03/2023
page 4
## **Holden F5 Steam Locomotive Trust**
## **STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31/08/2022**
|**STATEMENT OF COMPREHENSIVE INCOME**
**FOR THE YEAR ENDED 31/08/2022**|||
|---|---|---|
|**Notes**
**TURNOVER**
**GROSS PROFIT**
Distribution costs and selling expenses
Administrative expenses
**OPERATING PROFIT**
**PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION**
**PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION**|**2022**
**£**
116,125
116,125
(1,063)
(508)
114,554
114,554
114,554|2021
£
258,773|
|||258,773
(238)
(1,145)|
|||257,390|
|||257,390|
|||257,390|
page 5
## **Holden F5 Steam Locomotive Trust**
|**BALANCE SHEET AT 31/08/2022**
**Notes**
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Debtors
5
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: Amounts falling due after more than one year**
7
**NET ASSETS**
**CAPITAL AND RESERVES**
Profit and loss account
**SHAREHOLDERS' FUNDS**|6,978
238,398
245,376
640|**2022**
**£**
266,054
244,736
510,790
1,014
509,776
509,776
509,776|2,851
184,860
187,711
640|2021
£
209,165
187,071|
|---|---|---|---|---|
|||||396,236
1,014|
|||||395,222|
|||||395,222|
|||||395,222|
For the year ending 31/08/2022 the company was entitled to exemption 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.
## **Approved by the board on 24/03/2023 and signed on their behalf by**
.............................
S Cooper Director
page 6
## **Holden F5 Steam Locomotive Trust**
## **NOTES TO THE ACCOUNTS**
**FOR THE YEAR ENDED 31/08/2022**
## **1. ACCOUNTING POLICIES**
## **1a. Basis Of Accounting**
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
## **1b. Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. No depreciation has been provided on the engine which is in the course of construction.
Equipment
%
## **1c. Turnover**
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
## **2. EMPLOYEES**
**2022** 2021 **No. No.** - - Average number of employees **3. TAX ON ORDINARY ACTIVITIES 2022** 2021 **£** £
page 7
## **Holden F5 Steam Locomotive Trust**
## **4. TANGIBLE FIXED ASSETS**
|**Cost**
At 01/09/2021
Additions
At 31/08/2022
**Depreciation**
At 01/09/2021
At 31/08/2022
**Net Book Amounts**
At 31/08/2022
At 31/08/2021
**5. DEBTORS**
**Amounts falling due within one year**
VAT
**6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
**7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Loans >1yr|**Plant and**
**Machinery Equipment**
**£**
**£**
209,164
138
56,889
-
266,053
138
-
137
-
137
266,053
1
209,164
1
**2022**
**£**
6,978
6,978
**2022**
**£**
640
640
**2022**
**£**
1,014
1,014|**Total**
**£**
209,302
56,889|
|---|---|---|
|||266,191|
|||137|
|||137|
|||266,054|
|||209,165|
|||2021
£
2,851|
|||2,851|
|||2021
£
640
640
2021
£
1,014|
|||1,014|
page 8
## **Holden F5 Steam Locomotive Trust**
|**TRADING AND PROFIT AND LOSS ACCOUNT**
**FOR THE YEAR ENDED 31/08/2022**
Turnover
Cost of Sales:
Gross Profit
Less:
Distribution costs
1,063
Administrative expenses
508
Net profit for the year before taxation
Net profit for the year after taxation
Retained profits brought forward
Retained profits carried forward|**2022**
**£**
116,125
116,125
116,125
1,571
114,554
114,554
395,222
509,776|238
1,145|2021
£
258,773
258,773|
|---|---|---|---|
||||258,773
1,383|
||||257,390|
||||257,390
137,832|
||||395,222|
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
page 9
## **Holden F5 Steam Locomotive Trust**
|**PROFIT AND LOSS ACCOUNT SUMMARIES**
**FOR THE YEAR ENDED 31/08/2022**
**Distribution Costs:**
Advertising and sales promotion
Travel
**Administrative Expenses:**
Accountancy fees
Printing
Stationery & office supplies
Subscriptions
Sundry expenses
**Depreciation and Amortisation:**
Depreciation of plant and machinery|**2022**
**£**
1,020
43
1,063
-
-
68
170
270
-
508|2021
£
238
-|
|---|---|---|
|||238|
|||125
247
414
171
155
33|
|||1,145|
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.
page 10