Balreed Digitec (UK) Ltd - Period Ending 2018-10-31
Balreed Digitec (UK) Ltd - Period Ending 2018-10-31
Registration number:
Balreed Digitec (UK) Ltd
for the Period from 1 January 2018 to 31 October 2018
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG
Balreed Digitec (UK) Ltd
Contents
Company Information |
|
Directors' Report |
|
Balance Sheet |
|
Notes to the Financial Statements |
Balreed Digitec (UK) Ltd
Company Information
Directors |
Mr Robin James Stanton-Gleaves Mr James Alexander Clark |
Registered office |
|
Accountants |
|
Page 1 |
Balreed Digitec (UK) Ltd
Directors' Report for the Period from 1 January 2018 to 31 October 2018
The directors present their report and the financial statements for the period from 1 January 2018 to 31 October 2018.
Directors of the company
The directors who held office during the period were as follows:
The following director was appointed after the period end:
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the
.........................................
Director
Page 2 |
Balreed Digitec (UK) Ltd
(Registration number: 04947522)
Balance Sheet as at 31 October 2018
Note |
2018 |
2017 |
|
Current assets |
|||
Debtors |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
Total equity |
|
|
For the financial period ending 31 October 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
.........................................
Director
Page 3 |
Balreed Digitec (UK) Ltd
Notes to the Financial Statements for the Period from 1 January 2018 to 31 October 2018
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 |
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.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
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.
Page 4 |
Balreed Digitec (UK) Ltd
Notes to the Financial Statements for the Period from 1 January 2018 to 31 October 2018 (continued)
Debtors |
2018 |
2017 |
|
Other debtors |
|
|
|
|
Share capital |
Allotted, called up and fully paid shares
2018 |
2017 |
|||
No. |
£ |
No. |
£ |
|
Ordinary A shares of £1 each |
324 |
324 |
324 |
324 |
Ordinary C shares of £1 each |
12 |
12 |
12 |
12 |
|
|
|
|
Ultimate parent company |
The company's immediate parent is Balreed Digitec (Group) Limited and ultimate parent company is Manzana Holdings Limited, registered in Jersey.
The largest and smallest group in which the results of the company are consolidated is that headed by Manzana Bidco Limited, incorporated in England and Wales. The consolidated accounts of this company are available to the public and may be obtained from Companies House.
Page 5 |