Registration number:
NHQ Holdings Ltd
for the Year Ended 31 December 2020
NHQ Holdings Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
NHQ Holdings Ltd
Company Information
Directors |
V Blake EG Blake CD Blake IR Blake WD Blake L Blake ME Blake |
Registered office |
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Accountants |
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NHQ Holdings Ltd
(Registration number: 10522736)
Balance Sheet as at 31 December 2020
Note |
2020 |
2019 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
1,046,088 |
601,200 |
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Profit and loss account |
1,164,000 |
435,000 |
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Shareholders' funds |
2,210,088 |
1,036,200 |
For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
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
Director
NHQ Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
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.
Group accounts not prepared
Going concern
We have paid particular attention to the likely effects on the business of the current Covid-19 outbreak and the directors remain confident that sufficient funding is in place and that the company has adequate resources to enable the company to continue as a going concern for the foreseeable future.
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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.
NHQ Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
2 |
Accounting policies (continued) |
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Dividends received from subsidiaries are recognised in the profit and loss account.
Summary of significant judgements and key accounting estimates
No significant judgements or estimates have been made in the preparation of these financial statements.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
2020 |
2019 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 January 2020 |
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Provision |
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Carrying amount |
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At 31 December 2020 |
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At 31 December 2019 |
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Debtors |
Note |
2020 |
2019 |
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Amounts owed by related parties |
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Other debtors |
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NHQ Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
Creditors |
2020 |
2019 |
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Due within one year |
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Amounts owed to related parties |
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Share capital |
Allotted, called up and not fully paid shares
2020 |
2019 |
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No. |
£ |
No. |
£ |
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Ordinary A shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary B shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary C shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary D shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary E shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary F shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary G shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary H shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary I shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary J shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary K shares of £1 each |
100 |
100 |
100 |
100 |
Ordinary L shares of £1 each |
100 |
100 |
100 |
100 |
Deferred shares of £1 each |
600,000 |
600,000 |
600,000 |
600,000 |
Redeemable shares of £1 (2019 - £0) each |
444,888 |
444,888 |
- |
- |
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1,046,088 |
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601,200 |
The B, G, H, I, J, K and L ordinary shares and the deferred shares and redeemable shares carry no right to vote at or attend or receive notice of an general meeting.
Dividends |
2020 |
2019 |
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£ |
£ |
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Interim dividend of £
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448,500 |
447,000 |
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NHQ Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020
Related party transactions |
Transactions with directors |
2020 |
At 1 January 2020 |
At 31 December 2020 |
EG Blake |
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Directors loan account |
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96,138 |
96,138 |
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V Blake |
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Directors loan account |
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83,504 |
83,504 |
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2019 |
At 1 January 2019 |
At 31 December 2019 |
EG Blake |
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Directors loan account |
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96,138 |
96,138 |
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V Blake |
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Directors loan account |
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83,504 |
83,504 |
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