Allinson Print Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07304544

ALLINSON PRINT HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

E Allinson

Miss R Allinson

J J Allinson

G C Allinson

Mrs S Allinson

REGISTERED OFFICE:

Allinson House

Lincoln Way

Fairfield Industrial Estate

Louth

Lincolnshire

LN11 0LS

REGISTERED NUMBER:

07304544

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Investments

4

200

200

Investment property

5

1,703,291

1,700,313

1,703,491

1,700,513

CURRENT ASSETS

Debtors

6

8,500

27,972

Cash at bank

371,018

187,114

379,518

215,086

CREDITORS

Amounts falling due within one year

7

93,783

14,536

NET CURRENT ASSETS

285,735

200,550

TOTAL ASSETS LESS CURRENT LIABILITIES

1,989,226

1,901,063

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,989,126

1,900,963

SHAREHOLDERS' FUNDS

1,989,226

1,901,063

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2021 and were signed on its behalf by:

G C Allinson - Director

1.	STATUTORY INFORMATION

Allinson Print Holdings Limited is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Allinson Print Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement

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 the income statement in the period to which they relate.

Going concern

Following the impact of Covid-19, these accounts have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2019 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2019

and 30 June 2020

200

NET BOOK VALUE

At 30 June 2020

200

At 30 June 2019

200

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2019

1,700,313

Additions

2,978

At 30 June 2020

1,703,291

NET BOOK VALUE

At 30 June 2020

1,703,291

At 30 June 2019

1,700,313

The property is included in the accounts at cost and, in the opinion of the directors the open market value is not significantly different to the balance sheet value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

6,000

6,000

Amounts owed by group undertakings

1,795

2,045

Other debtors

705

19,927

8,500

27,972

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Amounts owed to group undertakings

692

692

Taxation and social security

14,707

7,763

Other creditors

78,384

6,081

93,783

14,536

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2019

2018

value

£

£

79

Ordinary

£1

79

79

7

Ordinary A

£1

7

7

7

Ordinary B

£1

7

7

7

Ordinary C

£1

7

7

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors have a directors loan accounts totalling £19,927 overdrawn brought forward (2019: £41,329 in credit). During the year, the directors of the company borrowed £88,982 (2019: £131,075) from the company and repaid £178,729 (2019: £69,819). The balance at the end of the year totalled £69,820 in credit (2019: £19,927 overdrawn).

10.	NON-ADJUSTING SUBSEQUENT EVENTS

Since the financial year end 30th June 2020, Allinson Print Holdings Limited has undergone a restructure of which it has disposed of its investments in subsidiaries held and purchased a new investment.