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REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018 |
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THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED |
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REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018 |
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FOR |
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THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED |
THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED (REGISTERED NUMBER: 07764699) |
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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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THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED |
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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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Chartered Accountants |
Statutory Auditor |
35 Wilkinson Street |
Sheffield |
South Yorkshire |
S10 2GB |
THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED (REGISTERED NUMBER: 07764699) |
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BALANCE SHEET |
31 MARCH 2018 |
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2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
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CURRENT ASSETS |
Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Share premium |
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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 Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED (REGISTERED NUMBER: 07764699) |
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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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The Umbrella Company (Sheaf) Holdings Limited is a
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and Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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The presentation currency of the financial statements is the Pound Sterling (£). |
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The figures in the financial statements are rounded to the nearest £. |
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2. | STATEMENT OF COMPLIANCE |
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3. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Preparation of consolidated financial statements |
The financial statements contain information about The Umbrella Company (Sheaf) Holdings Limited as an |
individual company and do not contain consolidated financial information as the parent of a group. The |
company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated |
financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated |
financial statements of its parent, The Umbrella Newco (Sheaf) Ltd, Unit 20 Richmond Park Road, Sheffield, |
South Yorkshire, England, S13 8HS. |
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Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
THE UMBRELLA COMPANY (SHEAF) HOLDINGS |
LIMITED (REGISTERED NUMBER: 07764699) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2018 |
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4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 April 2017 |
and 31 March 2018 |
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NET BOOK VALUE |
At 31 March 2018 |
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At 31 March 2017 |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Amounts owed to group undertakings |
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6. | SECURED DEBTS |
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There is a debenture including fixed charge over all present freehold and leasehold property.; First fixed charge |
over book and other debts, chattels, goodwill and uncalled capital, both present and future; and First floating |
charge over all assets and undertaking both present and future dated 24 October 2011 to HSBC Bank plc. |
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There is a Composite Company Limited Multilateral Guarantee dated 26 August 2016 given by The Umbrella |
Newco (Sheaf) Ltd, The Umbrella Company (Sheaf) Holdings Limited and The Umbrella Company (Sheaf) |
Limited to HSBC Bank plc. |
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In addition, there is a Composite Company Limited Multilateral Guarantee dated 24 October 2011 given by The |
Umbrella Company (Sheaf) Holdings Limited and The Umbrella Company (Sheaf) Limited to HSBC Bank plc to |
secure all monies due to or to become due from the company. |
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Shawn Hassack has a charge including a fixed charge, and a floating charge that covers all the property or |
undertaking of the company dated 26 August 2016. |
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7. | 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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8. | PARENT UNDERTAKING |
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The company's parent undertaking is The Umbrella Newco (Sheaf) Ltd who's registered office is Unit 20 |
Richmond Park Road, Sheffield, South Yorkshire, England, S13 8HS |