P.H. Gillingham (Investments) Limited - Period Ending 2021-03-25

P.H. Gillingham (Investments) Limited

Contents

Company Information	1
Directors' Report	2
Profit and Loss Account	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 6

P.H. Gillingham (Investments) Limited

Company Information

Directors

N A Swabey P J Noest

Registered office

Bedwell House London Road Northleach Cheltenham GL54 3LU

Accountants

Hazlewoods LLP Windsor House Bayshill Road Cheltenham GL50 3AT

P.H. Gillingham (Investments) Limited

Directors' Report for the Year Ended 25 March 2021

The directors present their report and the financial statements for the year ended 25 March 2021.

Directors of the company

The directors who held office during the year were as follows:

N A Swabey

P J Noest

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 25 November 2021 and signed on its behalf by:

P J Noest
Director

P.H. Gillingham (Investments) Limited

Profit and Loss Account for the Year Ended 25 March 2021

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

P.H. Gillingham (Investments) Limited

(Registration number: 00635327)
Balance Sheet as at 25 March 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	100	100
Capital and reserves
Called up share capital		49	49
Capital redemption reserve		51	51
Shareholders' funds		100	100

For the financial year ending 25 March 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 Board on 25 November 2021 and signed on its behalf by:
 

 

P J Noest
Director

P.H. Gillingham (Investments) Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bedwell House
London Road
Northleach
Cheltenham
GL54 3LU

2	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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

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.

Financial Instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2020 - 0).

P.H. Gillingham (Investments) Limited

Notes to the Unaudited Financial Statements for the Year Ended 25 March 2021

4

Debtors

	Note	2021 £	2020 £
Amounts owed by related parties	5	100	100
		100	100

5	Related party transactions

At 25 March 2021, the company was owed £100 (2020: £100) by its parent company P H Gillingham Group Limited.