Brincan Ltd - Accounts to registrar (filleted) - small 22.3
Brincan Ltd - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2021 |
| FOR |
| Brincan Ltd |
| Brincan Ltd (Registered number: 08326665) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chartered Accountants' Report | 5 |
| Brincan Ltd |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2021 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Units SCF 1 & 2 |
| Western International Market |
| Hayes Road |
| Southall |
| Middlesex |
| UB2 5XJ |
| Brincan Ltd (Registered number: 08326665) |
| BALANCE SHEET |
| 31 December 2021 |
| 31.12.21 | 31.12.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 and authorised for issue on |
| Brincan Ltd (Registered number: 08326665) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2021 |
| 1. | STATUTORY INFORMATION |
| Brincan Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2020 - NIL). |
| 4. | FIXED ASSET INVESTMENTS |
| 31.12.21 | 31.12.20 |
| £ | £ |
| Participating interests |
| Other investments not loans |
| Additional information is as follows: |
| Interest |
| in |
| associate |
| £ |
| COST |
| At 1 January 2021 |
| and 31 December 2021 |
| NET BOOK VALUE |
| At 31 December 2021 |
| At 31 December 2020 |
| Investments (neither listed nor unlisted) were as follows: |
| 31.12.21 | 31.12.20 |
| £ | £ |
| Lindell Train Global Equity | 65,425 | 65,425 |
| LM IF Japan Equity | 77,528 | 77,528 |
| Baillie Gifford world GBP | 81,014 | 81,014 |
| Neptune Liontrust US Opport | 85,943 | 85,943 |
| Templeton Em Mkt Small | 28,603 | 28,603 |
| Lindell Train Japanese Eq | 78,129 | 78,129 |
| 416,642 | 416,642 |
| Brincan Ltd (Registered number: 08326665) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.21 | 31.12.20 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| The amount owing by the holding company, £3,064,098 (2020:£2,312,206) is repayable on demand and bears interest at 2.5% per annum. |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.21 | 31.12.20 |
| £ | £ |
| Bank loans and overdrafts |
| Taxation and social security |
| Other creditors |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| BRINCAN LTD |
| 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 Brincan Ltd for the year ended 31 December 2021 which comprise the Income Statement, Balance Sheet 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 Brincan Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brincan Ltd and state those matters that we have agreed to state to the director of Brincan Ltd 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 Brincan Ltd and its director for our work or for this report. |
| It is your duty to ensure that Brincan Ltd 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 Brincan Ltd. You consider that Brincan Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Brincan Ltd. 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 |
| Units SCF 1 & 2 |
| Western International Market |
| Hayes Road |
| Southall |
| Middlesex |
| UB2 5XJ |