Shernhall Holdings Limited - Accounts to registrar (filleted) - small 18.2
Shernhall Holdings Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 5 DECEMBER 2017 TO 31 MARCH 2019 |
FOR |
SHERNHALL HOLDINGS LIMITED |
SHERNHALL HOLDINGS LIMITED (REGISTERED NUMBER: 11097069) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 5 DECEMBER 2017 TO 31 MARCH 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 5 |
SHERNHALL HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 5 DECEMBER 2017 TO 31 MARCH 2019 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Harben House |
Harben Parade |
Finchley Road |
LONDON |
NW3 6LH |
SHERNHALL HOLDINGS LIMITED (REGISTERED NUMBER: 11097069) |
BALANCE SHEET |
31 MARCH 2019 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
SHERNHALL HOLDINGS LIMITED (REGISTERED NUMBER: 11097069) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 5 DECEMBER 2017 TO 31 MARCH 2019 |
1. | STATUTORY INFORMATION |
Shernhall Holdings Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Land and buildings | - |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost less accumulated impairment. |
Financial instruments |
The Company only enters into basic financial instrument transactions that result in the recognition of financial |
assets and liabilities. |
Basic financial assets are initially recognised at transaction price, unless the arrangement constitutes a financing |
transaction where the transaction is measured at the present value of the future receipts discounted at a market |
rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period |
for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is |
recognised in profit or loss. |
Basic financial liabilities are initially recognised at transaction price, unless the arrangement constitutes a |
financing transaction where the debt instrument is measured at the present value of the future payments |
discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the |
effective interest method. |
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an |
enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise |
the asset and settle the liability simultaneously. |
3. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
Additions |
Disposals | ( |
) |
At 31 March 2019 |
NET BOOK VALUE |
At 31 March 2019 |
SHERNHALL HOLDINGS LIMITED (REGISTERED NUMBER: 11097069) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 5 DECEMBER 2017 TO 31 MARCH 2019 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
Disposals | ( |
) |
At 31 March 2019 |
NET BOOK VALUE |
At 31 March 2019 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 11,250 |
Shernhall Holdings Limited was created with 1 A Ordinary Share and 1 B Ordinary Share, Following a share for |
share exchange the Share Capital was £22,500 and the share premium was £1,705,573.38. The shares were |
further redesignated to 11,250 A Shares and 11,250 B Shares. |
Following the demerger 11,250 B shares were cancelled along with £816,929 in the share premium account. |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
SHERNHALL HOLDINGS LIMITED |
The following reproduces the text of the report prepared for the director in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only |
required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other |
primary statements and the Report of the Director are not required to be filed with the Registrar of |
Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Shernhall Holdings Limited for the period ended 31 March 2019 which comprise the Income |
Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records |
and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the director of Shernhall Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shernhall Holdings Limited and state those matters that we have agreed to state to the director of Shernhall Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shernhall Holdings Limited and its director for our work or for this report. |
It is your duty to ensure that Shernhall Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shernhall Holdings Limited. You consider that Shernhall Holdings Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Shernhall Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Harben House |
Harben Parade |
Finchley Road |
LONDON |
NW3 6LH |