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Audited Financial Statements for the Year Ended 31 March 2018 |
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Finance And Industrial |
Trust Limited(The) |
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REGISTERED NUMBER:
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Audited Financial Statements for the Year Ended 31 March 2018 |
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for |
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Finance And Industrial |
Trust Limited(The) |
Finance And Industrial |
Trust Limited(The) (Registered number: 00079331) |
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Contents of the Financial Statements |
for the Year Ended 31 March 2018 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Finance And Industrial |
Trust Limited(The) |
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Company Information |
for the Year Ended 31 March 2018 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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AUDITORS: |
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Statutory Auditor and Chartered Accountants. |
101 Cambridge Science Park |
Milton Road |
Cambridge |
CB4 0FY |
Finance And Industrial |
Trust Limited(The) (Registered number: 00079331) |
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Balance Sheet |
31 March 2018 |
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31.3.18 | 31.3.17 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
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The financial statements were approved by the Board of Directors on
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Finance And Industrial |
Trust Limited(The) (Registered number: 00079331) |
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Notes to the Financial Statements |
for the Year Ended 31 March 2018 |
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1. | STATUTORY INFORMATION |
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Finance And Industrial Trust Limited(The) is a
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Wales. The company's registered number and registered office address can be found on the Company Information |
page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
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Turnover |
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Taxation |
Corporation tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted by the |
balance sheet date. |
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Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or |
right to pay less or to receive more tax. |
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Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that |
there will be suitable taxable profits from which the underlying timing differences can be deducted. |
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Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which |
timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. |
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Investments |
Fixed asset investments are shown at cost less provision for impairment. |
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Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as |
either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a |
residual interest in the assets of the company after deducting all of its liabilities. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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Finance And Industrial |
Trust Limited(The) (Registered number: 00079331) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Amounts owed by group undertakings |
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Other debtors |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.18 | 31.3.17 |
£ | £ |
Tax |
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Social security and other taxes |
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Other creditors |
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Accruals and deferred income |
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6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
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The Report of the Auditors was unqualified. |
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for and on behalf of
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7. | RELATED PARTY DISCLOSURES |
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The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial |
Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with |
wholly owned subsidiaries within the group. |
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8. | POST BALANCE SHEET EVENTS |
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There has been no event since the balance sheet date that could materially affect the state of affairs of the company |
as at 31 March 2018 or that requires disclosure. |
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9. | ULTIMATE PARENT COMPANY AND ULTIMATE CONTROLLING PARTY |
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The company's immediate and ultimate parent company is RO Trading Limited, a company incorporated in England |
and Wales. |
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Mr R G St J Rowlandson, a director of RO Trading Limited and members of his close family, control the company as |
a result of them owning and controlling the issued share capital of RO Trading Limited. |
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which consolidated accounts are prepared. Copies of its group accounts can be obtained from Graham House, 7 Wyllyotts Place, P otters Bar, Hertfordshire, EN6 2JD. |