Birrell Group Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 10170067 (England and Wales)

Unaudited Financial Statements

for the Period

9 May 2016 to 31 December 2016

for

Birrell Group Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

L R G Birrell

J A Birrell

G J F Birrell

Minority Venture Partners Limited

REGISTERED OFFICE:

12 St Johns Business Park

Rugby Road

Lutterworth

Leicestershire

LE17 4NJ

REGISTERED NUMBER:

10170067 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the directors and members 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 Directors 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 Birrell Group Limited for the period ended 31 December 2016 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 Board of Directors of Birrell Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Birrell Group Limited and state those matters that we have agreed to state to the Board of Directors of Birrell Group Limited, as a body, 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 Birrell Group Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Birrell Group 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 Birrell Group Limited. You consider that Birrell Group 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 Birrell Group 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.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

18 July 2017

FIXED ASSETS

Investments

3

964,793

CURRENT ASSETS

Debtors

4

30,952

CREDITORS

Amounts falling due within one year

5

334,463

NET CURRENT LIABILITIES

(303,511

)

TOTAL ASSETS LESS CURRENT LIABILITIES

661,282

CREDITORS

Amounts falling due after more than one year

6

659,306

NET ASSETS

1,976

CAPITAL AND RESERVES

Called up share capital

7

1,139

Retained earnings

837

SHAREHOLDERS' FUNDS

1,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 July 2017 and were signed on its behalf by:

L R G Birrell - Director

1.	STATUTORY INFORMATION

Birrell Group Limited is a private company, limited by shares , registered in England and Wales. The

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

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income

or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the period end and

that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

964,793

At 31 December 2016

964,793

NET BOOK VALUE

At 31 December 2016

964,793

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

30,952

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

102,655

Other creditors

130,668

Directors' loan accounts

100,000

Accruals and deferred income

1,140

334,463

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 1-2 years

528,638

Other creditors

130,668

659,306

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

514

Ordinary A

£1

514

111

Ordinary B

£1

111

514

Ordinary C

£1

514

1,139

The following shares were allotted and fully paid for cash at par during the period:

514 Ordinary A shares of £1 each

111 Ordinary B shares of £1 each

514 Ordinary C shares of £1 each

8.	RELATED PARTY DISCLOSURES

During the period dividends amounting to £119,945 were paid to Mr J A Birrell.