ACCOUNTS - Final Accounts preparation


Caseware UK (AP4) 2018.0.196 2018.0.1962019-03-312019-03-31truetrueThe principal activity of the company is that of a parent company.2018-04-01true089046162018-04-012019-03-31089046162019-03-31089046162018-03-3108904616 c:Director1 2018-04-012019-03-3108904616 d:CurrentFinancialInstruments 2019-03-3108904616 d:CurrentFinancialInstruments 2018-03-3108904616 d:CurrentFinancialInstruments d:WithinOneYear 2019-03-3108904616 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-3108904616 d:ShareCapital 2019-03-3108904616 d:ShareCapital 2018-03-3108904616 c:OrdinaryShareClass1 2018-04-012019-03-3108904616 c:OrdinaryShareClass1 2019-03-3108904616 c:OrdinaryShareClass1 2018-03-3108904616 c:EntityHasNeverTraded 2018-04-012019-03-3108904616 c:FRS102 2018-04-012019-03-3108904616 c:AuditExempt-NoAccountantsReport 2018-04-012019-03-3108904616 c:FullAccounts 2018-04-012019-03-3108904616 c:PrivateLimitedCompanyLtd 2018-04-012019-03-3108904616 c:PublicLimitedCompanyPLCNotQuotedOnAnyExchange 2018-04-012019-03-31xbrli:sharesiso4217:GBPxbrli:pure

Registered number: 08904616









BAGLEY BIOGAS (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2019

 
BAGLEY BIOGAS (HOLDINGS) LIMITED
REGISTERED NUMBER: 08904616

BALANCE SHEET
AS AT 31 MARCH 2019

2019
2018
Note
£
£

Fixed assets
  

Investments
 3 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 4 
900
900

  
900
900

Creditors: amounts falling due within one year
 5 
(1)
(1)

Net current assets
  
 
 
899
 
 
899

Total assets less current liabilities
  
900
900

  

Net assets
  
900
900


Capital and reserves
  

Called up share capital 
 6 
900
900

  
900
900


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BAGLEY BIOGAS (HOLDINGS) LIMITED
REGISTERED NUMBER: 08904616
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2019

For the year ended 31 March 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year 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: 




Robert George Kennerley
Director

Date: 11 December 2019

The notes on pages 3 to 4 form part of these financial statements.

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BAGLEY BIOGAS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1.


General information

Bagley Biogas (Holdings) Limited is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Belmont House, Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.

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, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The Company only enters into basic financial instrument 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.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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BAGLEY BIOGAS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2018
1



At 31 March 2019
1





4.


Debtors

2019
2018
£
£


Amounts owed by group undertakings
900
900

900
900



5.


Creditors: Amounts falling due within one year

2019
2018
£
£

Amounts owed to group undertakings
1
1

1
1



6.


Share capital

2019
2018
£
£
Allotted, called up and fully paid



900 (2018 - 900) Ordinary shares of £1.00 each
900
900

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