ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

WALDECK HOLDINGS LIMITED - Company Information

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Caseware UK (AP4) 2018.0.111 2018.0.111 2018-03-302018-03-3003457145The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueholding companyfalse2017-04-01 03457145 2017-04-01 2018-03-30 03457145 2016-04-01 2017-03-31 03457145 2018-03-30 03457145 2017-03-31 03457145 1 2017-04-01 2018-03-30 03457145 d:Director1 2017-04-01 2018-03-30 03457145 c:CurrentFinancialInstruments 2018-03-30 03457145 c:CurrentFinancialInstruments 2017-03-31 03457145 c:Non-currentFinancialInstruments 2018-03-30 03457145 c:Non-currentFinancialInstruments 2017-03-31 03457145 c:ShareCapital 2018-03-30 03457145 c:ShareCapital 2017-03-31 03457145 c:SharePremium 2018-03-30 03457145 c:SharePremium 2017-03-31 03457145 c:CapitalRedemptionReserve 2018-03-30 03457145 c:CapitalRedemptionReserve 2017-03-31 03457145 c:RetainedEarningsAccumulatedLosses 2018-03-30 03457145 c:RetainedEarningsAccumulatedLosses 2017-03-31 03457145 d:OrdinaryShareClass1 2017-04-01 2018-03-30 03457145 d:OrdinaryShareClass1 2016-04-01 2017-03-31 03457145 d:OrdinaryShareClass1 2018-03-30 03457145 d:OrdinaryShareClass2 2017-04-01 2018-03-30 03457145 d:OrdinaryShareClass2 2016-04-01 2017-03-31 03457145 d:OrdinaryShareClass2 2018-03-30 03457145 d:OrdinaryShareClass3 2017-04-01 2018-03-30 03457145 d:OrdinaryShareClass3 2016-04-01 2017-03-31 03457145 d:OrdinaryShareClass3 2018-03-30 03457145 d:FRS102 2017-04-01 2018-03-30 03457145 d:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-30 03457145 d:FullAccounts 2017-04-01 2018-03-30 03457145 d:PrivateLimitedCompanyLtd 2017-04-01 2018-03-30 03457145 c:Subsidiary1 2017-04-01 2018-03-30 03457145 c:Subsidiary1 1 2017-04-01 2018-03-30 xbrli:shares iso4217:GBP xbrli:pure



















Waldeck Holdings Limited
Registered number: 03457145
Information for filing with the registrar

For the period ended 30 March 2018
 
 03457145
30 March 2018
WALDECK HOLDINGS LIMITED
REGISTERED NUMBER: 03457145

BALANCE SHEET
AS AT 30 MARCH 2018

30 March
31 March
2018
2017
Note
£
£

Fixed assets
  

Investments
 4 
25,091
25,091

  
25,091
25,091

Current assets
  

Debtors
 5 
164,233
164,235

  
164,233
164,235

Total assets less current liabilities
  
 
 
189,324
 
 
189,326

  

Net assets
  
189,324
189,326


Capital and reserves
  

Called up share capital 
 6 
105
105

Share premium account
  
164,751
164,751

Capital redemption reserve
  
1
1

Profit and loss account
  
24,467
24,469

  
189,324
189,326


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


P C Waldeck
Director

Date: 12 March 2019

The notes on pages 2 to 4 form part of these financial statements.
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 03457145
30 March 2018
WALDECK HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2018

1.


General information

Waldeck Holdings Limited, presents its financial statements for the period ended 30 March 2018. The presentational currency for the financial statements is Pounds Sterling (£). The Company is a private company, limited by shares and is registered in England. Its registered office address is Adamson House Centenary Way, Salford, Manchester, England, M50 1RD. The principal activity of the Company during the period was that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102 ("FRS 102"), the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The company's year end date changed from 31 March to 30 March. As such, the periods covered in the financial statements are not directly comparable.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees

The average monthly number of employees, including Directors, during the period was 1 (2017: 1).

- 2 -
 
 03457145
30 March 2018
WALDECK HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2018

4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 April 2017
25,091



At 30 March 2018

25,091






Net book value



At 30 March 2018
25,091



At 31 March 2017
25,091

Subsidiary undertakings

The following were subsidiary undertakings of the Company:

Name
Class of shares
Holding
Principal activity

Waldeck Associates Limited
Ordinary
 100%
Consulting civil and structural engineers


5.


Debtors

30 March
31 March
2018
2017
£
£


Amounts owed by group undertakings
164,233
164,235


- 3 -
 
 03457145
30 March 2018
WALDECK HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 MARCH 2018

6.


Share capital

30 March
31 March
2018
2017
£
£
Shares classified as equity

Allotted, called up and fully paid



10,000 Ordinary A shares of £0.01 each
100
100
200 Ordinary B shares of £0.01 each
2
2
280 Ordinary C shares of £0.01 each
3
3

105

105


7.


Reserves

Share premium account

The share premium account represents amounts paid over and above nominal value of each class of share issued.

Capital redemption reserve

The capital redemption reserve represents the amount by which the Company’s share capital has been diminished by the cancellation of shares held in treasury.

Profit & loss account

Profit and loss account includes all current and prior period retained profits and losses.


8.


Post balance sheet events

On 1 November 2018, Morson Holdings Limited acquired the entire shareholding of the company. Morson Holdings Limited is a limited company registered in England. The registered office is Adamson House, Centenary Way, Salford, Manchester, Greater Manchester, England, M50 1RD.

 
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