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LANDMARK (HOLDINGS) LIMITED - Company Information

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Landmark (Holdings) Limited

Registered Number:08175240

For the year ended 31 December 2018

England and Wales

Unaudited Financial Statements

For the year ended 31 December 2018

Landmark (Holdings) Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 December 2018

Landmark (Holdings) Limited

Statement of Financial Position

Registered Number :

08175240

2017

2018

Notes

Fixed assets

Financial assets

432

450

432

Current assets

Trade and other receivables

2,498,496

1,367,574

26,135

Cash and cash equivalents

1,103

1,368,677

2,524,631

Trade and other payables: amounts falling due within one

year

(1,259,140)

(53,334)

1,265,491

1,315,343

Net current assets

Total assets less current liabilities

1,315,793

1,265,923

1,315,793

Net assets

1,265,923

Capital and reserves

Called up share capital

100

Retained earnings

1,315,693

1,265,823

1,315,793

1,265,923

Shareholders' funds

For the year ended 31 December 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Dalbir Sandhu Director

These financial statements were approved and authorised for issue by the Board on 23 December 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 December 2018

Landmark (Holdings) Limited

Notes to the Financial Statements

Statutory Information

Landmark (Holdings) Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 08175240.

Registered address:

The Pillars Slade Oak Lane

Gerrards Cross

Buckinghamshire

SL9 0QE

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Consolidation

In the opinion of the directors, the company and its subsidiaries undertakings comprise small group. The company

has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare

group accounts.

Fixed asset investements

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Interest in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated

impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses

or reversal of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating

policies of the entity so as to obtain benefits from its activities.

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” to all of its financial

instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Short term debtors are measured at transaction price less any provisions for impairment. Loans receivable are

measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the

effective interest method, less any provision for impairment.

Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other

loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs

using the effective interest method.

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For the year ended 31 December 2018

Landmark (Holdings) Limited

Notes to the Financial Statements Continued

2. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 January 2018

432

Cost

Additions

At 31 December 2018

450

At 31 December 2018

Net book value

450

At 01 January 2018

432

The company owns more than 20% of the issued share capital of the companies listed below.

Company name Shares held Share Capital

Landmark Development & Ordinary 100.00

Construction Ltd

Landmark Property Ventures Ltd Ordinary 100.00

Landmark Fulmer Ridge Ltd Ordinary 100.00

Landmark (GX) Ltd Ordinary 100.00

J Hackshall Limited Ordinary 51.00

Landmark Ventures (GX) Limited Ordinary 50.00

3. Trade and other receivables

2017

2018

Amounts owed by group undertakings and participating interests

1,367,574

2,498,496

The above includes a loan receivable of £282,381 from Landmark Ventures (GX) Limited, holding 50% ordinary share capital, which is interest free and repayable on demand.

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For the year ended 31 December 2018

Landmark (Holdings) Limited

Notes to the Financial Statements Continued

4. Trade and other payables: amounts falling due within one year

2017

2018

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

1,226,096

Directors' loan accounts

53,334

33,044

53,334

1,259,140

5. Related party transactions

The company has taken advantage of the exemption in FRS 102 section 33 from the requirement to disclose

transactions with 100% owned group companies.

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