NHP Products (UK) Limited - Accounts to registrar (filleted) - small 18.2
NHP Products (UK) Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| FOR |
| NHP PRODUCTS (UK) LIMITED |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| NHP PRODUCTS (UK) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Tax Advisers |
| Fifth Floor |
| 11 Leadenhall Street |
| London |
| EC3V 1LP |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| STATEMENT OF FINANCIAL POSITION |
| 30 JUNE 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 30 JUNE 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 1. | STATUTORY INFORMATION |
| NHP Products (UK) Limited is a |
| 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. |
| Significant judgements and estimates |
| In preparing the financial statements, the directors are required to make estimates and judgements about the carrying |
| amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on |
| historical experience and other factors that are considered by the directors to be relevant. Revision to accounting |
| estimates are recognised in the period in which the estimate is revised. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
| added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less |
| any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| The company only enters into basic financial instruments transactions that result in the recognition of financial |
| assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties. |
| Financial assets that are measured at cost and amortized cost are assessed at the end of each reporting period for |
| objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognized in |
| profit or loss. |
| For financial assets measured at amortized cost, the impairment loss is measured as the difference between an asset's |
| carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest |
| rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current |
| effective interest rate determined under the contract. |
| Financial assets and liabilities are offset and the net amount reported in the statement of financial position when |
| there is an enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to |
| realise the asset and settle the liability simultaneously. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of |
| financial position 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 4. | INTANGIBLE FIXED ASSETS |
| Development |
| costs |
| £ |
| Cost |
| At 1 July 2017 |
| Additions |
| At 30 June 2018 |
| Amortisation |
| At 1 July 2017 |
| Amortisation for year |
| At 30 June 2018 |
| Net book value |
| At 30 June 2018 |
| At 30 June 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| Cost |
| At 1 July 2017 |
| Additions |
| At 30 June 2018 |
| Depreciation |
| At 1 July 2017 |
| Charge for year |
| At 30 June 2018 |
| Net book value |
| At 30 June 2018 |
| At 30 June 2017 |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 6. | STOCKS |
| 2018 | 2017 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 9. | PROVISIONS FOR LIABILITIES |
| 2018 | 2017 |
| £ | £ |
| Deferred tax | 8,573 | 1,641 |
| Deferred |
| tax |
| £ |
| Balance at 1 July 2017 |
| Provided during year |
| Balance at 30 June 2018 |
| NHP PRODUCTS (UK) LIMITED (REGISTERED NUMBER: 10258620) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2018 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2017 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |