|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 December 2017 |
|
for |
|
J O HAMBRO LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 December 2017 |
|
for |
|
J O HAMBRO LIMITED |
J O HAMBRO LIMITED (Registered number: 03628074) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 December 2017 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 4 |
|
J O HAMBRO LIMITED |
|
Company Information |
for the Year Ended 31 December 2017 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Statement of Financial Position |
31 December 2017 |
|
31.12.16 | 31.12.17 |
£ | £ | Notes | £ | £ |
FIXED ASSETS |
|
Tangible assets | 5 |
|
|
Investments | 6 |
|
|
|
|
CURRENT ASSETS |
|
Debtors | 7 |
|
|
Cash at bank and in hand |
|
|
|
CREDITORS |
|
Amounts falling due within one year | 8 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CAPITAL AND RESERVES |
|
Called up share capital |
|
|
Share Premium |
|
|
Capital Redemption Reserve |
|
( |
) | Retained earnings | ( |
) |
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
The director acknowledges his 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. |
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Statement of Financial Position - continued |
31 December 2017 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director on
by: |
|
|
|
|
|
|
|
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2017 |
|
1. | STATUTORY INFORMATION |
|
J O HAMBRO LIMITED is a
|
Wales. The company's registered number and registered office address can be found on the |
Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | STATEMENT OF COMPLIANCE |
|
|
|
3. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
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 |
|
Office Equipment | - |
|
Fixtures & Fittings | - |
|
|
Investments in subsidiaries and associates |
Investments in subsidiary and associate undertakings are recognised at cost less any |
provision for impairment. |
|
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. |
|
Investments |
Investments held as fixed assets are shown at cost less provision for impairment. |
|
4. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
|
5. | TANGIBLE FIXED ASSETS |
Office | Fixtures |
Totals | Equipment | & Fittings |
£ | £ | £ |
COST |
At 1 January 2017 |
|
|
|
Additions |
|
|
|
At 31 December 2017 |
|
|
|
DEPRECIATION |
At 1 January 2017 |
|
|
|
Charge for year |
|
|
|
At 31 December 2017 |
|
|
|
NET BOOK VALUE |
At 31 December 2017 |
|
|
|
At 31 December 2016 |
|
|
|
|
6. | FIXED ASSET INVESTMENTS |
Investments |
In | Investment |
Subsidiary | In | Unlisted |
Totals | Companies | Associates | Investments |
£ | £ | £ | £ |
COST |
At 1 January 2017 | 2,973,161 |
|
|
|
Additions | 624,479 |
|
|
|
Disposals | (284,392 | ) |
|
|
( |
) |
At 31 December 2017 | 3,313,248 |
|
|
|
PROVISIONS |
At 1 January 2017 |
and 31 December 2017 | 1,531,002 | 1,531,002 | - | - |
NET BOOK VALUE |
At 31 December 2017 | 1,782,246 |
|
|
|
At 31 December 2016 | 1,442,159 |
|
|
|
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
|
6. | FIXED ASSET INVESTMENTS - continued |
|
The company's investments at the Balance Sheet date in the share capital of companies |
include the following: |
|
Rupert Hambro & Partners Limited |
Nature of business: Management and Investment |
|
% |
Class of shares: holding |
Ordinary 100.00 |
|
31.12.17 31.12.16 |
£ £ |
Aggregate capital and reserves (1,087,438) (1,086,560) |
Profit / (loss) for the year (878) (£1,743) |
========== ========= |
|
7. | DEBTORS |
31.12.17 | 31.12.16 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
Amounts falling due after more than one year: |
Amounts owed by group undertakings |
|
|
|
Aggregate amounts |
|
|
|
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.17 | 31.12.16 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Amounts owed to associates | 540 | 540 |
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
Included in Other Creditors within one year was the balance of £6,866 due on 31 December |
2016 (2017: £Nil) due to the company's director, Mr R Hambro. This balance represents the |
amounts injected into the company to supplement its working capital requirements. |
J O HAMBRO LIMITED (Registered number: 03628074) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
|
9. | RELATED PARTY DISCLOSURES |
|
RELATED PARTY TRANSACTIONS |
|
Included within other debtors is a balance of £212,991 (£212,126 :2016) due from Rupert |
Hambro and Partners Limited of which £200,000 (£200,000 :2016) has been provided for. J |
O Hambro Limited has a 100% shareholding in Rupert Hambro and Partners Limited. |
|
Other Debtors include a sum of £3,808 due from the director, R N Hambro (£Nil :2016). |
Relevant tax payable of £1,238 under S 455 CTA 2010, has been provided in the Financial |
Statements. The outstanding loan has been paid back to the company by the director in |
September 2018. Consequently the relevant tax of £1,238 under S 455 CTA 2010 will not be |
payable by 1 October 2018. |
|
|
|
10. | ULTIMATE CONTROLLING PARTY |
|
The ultimate controlling party is
|