Felicity Bryan Associates Holdings Limited - Period Ending 2019-06-30
Felicity Bryan Associates Holdings Limited - Period Ending 2019-06-30
Registration number:
Felicity Bryan Associates Holdings Limited
for the Year Ended 30 June 2019
Beaver House
23-38 Hythe Bridge Street
Oxford
OX1 2EP
Felicity Bryan Associates Holdings Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Felicity Bryan Associates Holdings Limited
Company Information
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Directors |
Felicity Bryan Catherine Clarke Caroline Wood |
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Registered office |
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Accountants |
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Page 1 |
Felicity Bryan Associates Holdings Limited
(Registration number: 07058210)
Balance Sheet as at 30 June 2019
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2019 |
2018 |
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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 liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Capital redemption reserve |
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Profit and loss account |
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Total equity |
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Page 2 |
Felicity Bryan Associates Holdings Limited
(Registration number: 07058210)
Balance Sheet as at 30 June 2019
For the financial year ending 30 June 2019 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
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Director
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Page 3 |
Felicity Bryan Associates Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
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General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
These financial statements were authorised for issue by the
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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.
Group accounts not prepared
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
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.
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Page 4 |
Felicity Bryan Associates Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
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.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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.
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.
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Investments |
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2019 |
2018 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 July 2018 |
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Provision |
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Carrying amount |
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At 30 June 2019 |
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At 30 June 2018 |
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Page 5 |
Felicity Bryan Associates Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2018 |
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Subsidiary undertakings |
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Ordinary |
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England |
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The principal activity of Felicity Bryan Associates Limited is |
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Debtors |
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2019 |
2018 |
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Prepayments |
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Page 6 |
Felicity Bryan Associates Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
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Creditors |
Creditors: amounts falling due within one year
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Note |
2019 |
2018 |
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Due within one year |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
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2019 |
2018 |
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No. |
£ |
No. |
£ |
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40 |
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40 |
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60 |
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60 |
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A Ordinary shares entitle the holders to a first preferential repayment of capital and premium of £300,000 in aggregate.
B Ordinary shares entitle the holders to a second preferential repayment of capital and premium of £412,500 in aggregate.
Both Ordinary shares entitle the holders to full participation in a non preferential return of capital.
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Dividends |
Interim dividends paid
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2019 |
2018 |
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Interim dividend of £ |
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Related party transactions |
Summary of transactions with subsidiaries
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Page 7 |
Felicity Bryan Associates Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
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Page 8 |