PNR Holdings Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09500235 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2017

for

PNR Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Paul Nathan Rebbitt

REGISTERED OFFICE:

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

BUSINESS ADDRESS:

Leydene House

Waterberry Drive

Waterlooville

Hampshire

PO7 7XX

REGISTERED NUMBER:

09500235 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Investments

4

20

20

CURRENT ASSETS

Debtors

5

64,000

64,000

Cash at bank

47,994

12,992

111,994

76,992

CREDITORS

Amounts falling due within one year

6

681

1,632

NET CURRENT ASSETS

111,313

75,360

TOTAL ASSETS LESS CURRENT LIABILITIES

111,333

75,380

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

111,332

75,379

SHAREHOLDERS' FUNDS

111,333

75,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 13 April 2018 and were signed by:

Paul Nathan Rebbitt - Director

1.	STATUTORY INFORMATION

PNR Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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 year 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2016

and 31 July 2017

20

NET BOOK VALUE

At 31 July 2017

20

At 31 July 2016

20

The company's investments at the Balance Sheet date in the share capital of companies

include the following:

2 Teck Limited

Registered office:

Nature of business: Electrical and air-conditioning

%

Class of shares:

holding

Ordinary 'A'

100.00

31.7.17

31.7.16

£

£

Aggregate capital and reserves

-

399,910

Profit for the year

-

680,830

Whilst the Company owns 100% of the Ordinary 'A' Shares in the group undertaking, this

only entitles the Company to 20% of the group undertaking's reserves.

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.17

31.7.16

£

£

Amounts owed by group undertakings

64,000

64,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Directors' current accounts

21

132

Accrued expenses

660

1,500

681

1,632

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.17

31.7.16

value:

£

£

1

Ordinary

£1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 July 2017 and 31 July 2016:

31.7.17

31.7.16

£

£

Paul Nathan Rebbitt

Balance outstanding at start of year

(132

)

(19

)

Amounts advanced

-

(113

)

Amounts repaid

111

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(21

)

(132

)

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Paul Nathan Rebbitt.