Year Ended
Registration number:
Horwell Holdings Limited
Contents
Balance Sheet |
|
Notes to the Financial Statements |
Horwell Holdings Limited
Balance Sheet
31 March 2017
Note |
2017 |
2016 |
|
Fixed assets |
|||
Investments |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Other reserves |
|
|
|
Profit and loss account |
|
|
|
Total equity |
|
|
For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
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 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.
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
.........................................
Mr R A Horwell
Director
Company Registration Number: 03717593
Page 1 |
Horwell Holdings Limited
Notes to the Financial Statements
Year Ended 31 March 2017
General information |
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
United Kingdom
The principal place of business is:
Unit 6 Galileo Close
Newnham Industrial Estate
Plympton
Plymouth
Devon
PL7 4JW
United Kingdom
These financial statements were authorised for issue by the
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Change in basis of accounting
The company's financial statements have been prepared in accordance with FRS102 - the Financial Reporting Standard applicable in the UK and Republic of Ireland. The company has transferred from previously extant UK GAAP to FRS102 as at 1 April 2015. There is no material impact on the reported financial position and financial performance.
Group accounts not prepared
Page 2 |
Horwell Holdings Limited
Notes to the Financial Statements
Year Ended 31 March 2017
Investments
The investment in the subsidiary undertaking is stated in the accounts at fair value but will be reviewed annually with reference to the underlying net assets of the subsidiary undertaking.
Investments |
2017 |
2016 |
|
Investments in subsidiaries |
|
|
Subsidiaries |
£ |
Cost or valuation |
|
At 1 April 2016 |
|
At 31 March 2017 |
|
Provision |
|
At 1 April 2016 |
|
At 31 March 2017 |
|
Carrying amount |
|
At 31 March 2017 |
|
At 31 March 2016 |
|
Transition to FRS 102 |
There was no change to the previously stated equity as at 1 April 2015 and 1 April 2016 nor was there any change to the profits for the year ended 31 March 2016 as a result of the transition.
Page 3 |