Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited) - Period Ending 2018-06-30

Registration number: 10808855

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2018

Halliday's Group Limited
Riverside House
Kings Reach Business Park
Yew Street
Stockport
SK4 2HD

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 4

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

(Registration number: 10808855)
Balance Sheet as at 30 June 2018

	Note	2018 £
Current assets
Debtors	4	100
Creditors: Amounts falling due within one year	5	(47,109)
Net liabilities		(47,009)
Capital and reserves
Called up share capital		100
Profit and loss account		(47,109)
Total equity		(47,009)

For the financial year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 1

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

(Registration number: 10808855)
Balance Sheet as at 30 June 2018

Approved and authorised by the director on 22 October 2018
 

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

Mr John Blackledge

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

Notes to the Financial Statements for the Year Ended 30 June 2018

1	General information

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

The address of its registered office is:
Riverside House
Kings Reach Business Park
Yew Street
Stockport
England
SK4 2HD
England

These financial statements were authorised for issue by the director on 22 October 2018.

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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Page 3

Brindle Capital Investments Ltd (Formerly HUFC Holdings Limited)

Notes to the Financial Statements for the Year Ended 30 June 2018

3	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
Additions	33,333	33,333
At 30 June 2018	33,333	33,333
Impairment
Other adjustments	33,333	33,333
At 30 June 2018	33,333	33,333
Carrying amount
At 30 June 2018	-	-

4

Debtors

	2018 £
Other debtors	100
Total current trade and other debtors	100

5

Creditors

	Note	2018 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest		47,109

Page 4