J.butterfield & Co.(Holdings)Limited - Accounts to registrar (filleted) - small 18.2
J.butterfield & Co.(Holdings)Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022 |
| FOR |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 5 April 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED |
| COMPANY INFORMATION |
| for the year ended 5 April 2022 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Windsor House |
| Cornwall Road |
| Harrogate |
| North Yorkshire |
| HG1 2PW |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696) |
| BALANCE SHEET |
| 5 April 2022 |
| 5.4.22 | 5.4.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Fair value reserve | 7 |
| Retained earnings | 7 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| 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 and authorised for issue on |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 5 April 2022 |
| 1. | STATUTORY INFORMATION |
| J.butterfield & Co.(Holdings)Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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. |
| Investments |
| Investments held as fixed assets are stated at market value. Dividends received are accounted for as soon as they become payable and are reported as 'Income from fixed asset investments' in the profit and loss account. Capital gains realised during the accounting period on the sale of investments are reported as 'Other operating income'. |
| The excess of market value over cost of investments is transferred to a fair value reserve, after provision for corporation tax at the prevailing rate. The provision for tax on the unrealised gains is provided as a non-current liability in the balance sheet. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 5 April 2022 |
| 4. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| At 6 April 2021 |
| Additions |
| Disposals | ( |
) |
| Revaluations |
| At 5 April 2022 |
| NET BOOK VALUE |
| At 5 April 2022 |
| At 5 April 2021 |
| Cost or valuation at 5 April 2022 is represented by: |
| Other |
| investments |
| £ |
| Valuation in 2022 | 728,494 |
| The market value of fixed asset investments at the year end was £728,494 (2021: £535,950). |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.22 | 5.4.21 |
| £ | £ |
| Tax |
| Accruals and deferred income |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 5.4.22 | 5.4.21 |
| value: | £ | £ |
| Ordinary shares | 5p | 50,000 | 50,000 |
| 7. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 6 April 2021 | 540,950 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Profit for the year | (75,390 | ) | 91,943 | 16,553 |
| At 5 April 2022 | 614,022 |
| J.BUTTERFIELD & CO.(HOLDINGS)LIMITED (REGISTERED NUMBER: 00217696) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 5 April 2022 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Miss B A Shuttleworth. |