ACCOUNTS - Final Accounts

Share capital

Shares classified as equity

PVG HOLDINGS LIMITED - Company Information

Caseware UK (AP4) 2014.0.91 2014.0.91 2016-12-312016-12-31falsefalseNo description of principal activitytrue2016-01-01 09585283 2016-01-01 2016-12-31 09585283 2016-12-31 09585283 2015-12-31 09585283 c:Director1 2016-01-01 2016-12-31 09585283 c:Director2 2016-01-01 2016-12-31 09585283 c:RegisteredOffice 2016-01-01 2016-12-31 09585283 d:Non-currentFinancialInstruments 2016-12-31 09585283 d:Non-currentFinancialInstruments 2015-12-31 09585283 d:ShareCapital 2016-12-31 09585283 d:ShareCapital 2015-12-31 09585283 c:OrdinaryShareClass1 2016-01-01 2016-12-31 09585283 c:OrdinaryShareClass1 2016-12-31 09585283 c:EntityHasNeverTraded 2016-01-01 2016-12-31 09585283 c:FRS102 2016-01-01 2016-12-31 09585283 c:AuditExemptWithAccountantsReport 2016-01-01 2016-12-31 09585283 c:FullAccounts 2016-01-01 2016-12-31 09585283 c:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 09585283 d:Subsidiary1 2016-12-31 09585283 d:Subsidiary1 2016-01-01 2016-12-31 09585283 d:Subsidiary1 1 2016-01-01 2016-12-31 09585283 d:Subsidiary2 2016-12-31 09585283 d:Subsidiary2 2016-01-01 2016-12-31 09585283 d:Subsidiary3 2016-12-31 09585283 d:Subsidiary3 2016-01-01 2016-12-31 09585283 d:Subsidiary3 1 2016-01-01 2016-12-31 09585283 d:Subsidiary4 2016-01-01 2016-12-31 09585283 d:Subsidiary4 1 2016-01-01 2016-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09585283

WESTWOOD HOLDINGS LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

WESTWOOD HOLDINGS LIMITED

COMPANY INFORMATION

Directors	Mr G F Moss
	Mr J J Hart


Registered number	09585283


Registered office	Tennyson House
	Cambridge Business Park
	Cambridge
	CB4 0WZ


Trading Address	Appleacre Park Office
	London Road
	Fowlmere
	Cambridge
	SG8 7RU



Accountants	Price Bailey LLP
	Chartered Accountants
	Tennyson House
	Cambridge Business Park
	Cambridge
	CB4 0WZ

WESTWOOD HOLDINGS LIMITED

CONTENTS

	Page
Directors' Report	1
Accountants' Report	2
Balance Sheet	3
Notes to the Financial Statements	4 - 5

WESTWOOD HOLDINGS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2016

The directors present their report and the financial statements for the year ended 31 December 2016.

Directors

The directors who served during the year were:

Mr G F Moss

Mr J J Hart

This report was approved by the board and signed on its behalf.

Mr J J Hart

Director

Date: 28 September 2017

Page 1

WESTWOOD HOLDINGS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WESTWOOD HOLDINGS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Westwood Holdings Limited for the year ended 31 December 2016 which comprise the Balance Sheet and the related notes from the Company accounting records and from information and explanations you have given to us.

As a 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 at icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Westwood Holdings Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Westwood Holdings Limited and state those matters that we have agreed to state to them in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Westwood Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Westwood Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit or loss. You consider that Westwood Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Westwood Holdings 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.

Price Bailey LLP

Chartered Accountants

Tennyson House

Cambridge Business Park

Cambridge

CB4 0WZ

29 September 2017

Page 2

WESTWOOD HOLDINGS LIMITED

REGISTERED NUMBER: 09585283

BALANCE SHEET

AS AT 31 DECEMBER 2016

	2016	2015
Note	£	£

Fixed assets
Investments	3	204	204
		204	204

Total assets less current liabilities		204	204

Net assets		204	204

Capital and reserves
Called up share capital	204	204
	204	204

For the year ended 31 December 2016 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 were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Mr G F Moss

Director

Date: 28 September 2017

The notes on pages 4 to 5 form part of these financial statements.

Page 3

WESTWOOD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

1.	General information

Westwood Holdings Limited is a Company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Harlow Mill, Station Approach, Harlow, Essex, CM20 2EL.

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.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2016	204
	At 31 December 2016	204

	Net book value
	At 31 December 2016	204
	At 31 December 2015	204

Page 4

WESTWOOD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

3.Fixed asset investments (continued)

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Country of incorporation	Class of shares	Holding	Principal activity

Westwood Commercials Limited	England and Wales	Ordinary	100%	Dormant
Parkview Group Limited	England and Wales	Ordinary	100%	Static home sales
Westwood Park Homes Limited	England and Wales	Ordinary	100%	Dormant

The aggregate of the share capital and reserves as at 31 December 2016 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
	Aggregate of share capital and reserves	Profit/(loss)
	£	£

Westwood Commercials Limited	100	-
Westwood Park Homes Limited	100	-
Parkview Group Limited	1,786,846	1,174,527
	1,787,046	1,174,527

Allotted, called up and fully paid

204 Ordinary shares of £1 each	204	204

Page 5