SECTOR_HOLDINGS_LIMITED - Accounts
SECTOR_HOLDINGS_LIMITED - Accounts
Company Registration No. 3239847 (England and Wales)
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2013
COMPANY INFORMATION
Directors
(Appointed 11 November 2013)
Secretary
Company number
Registered office
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3 - 4
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2013
- 1 -
The directors present their report and unaudited financial statements for the year ended 31 December 2013. The company is dormant and has not traded during the year.
Directors
The following directors have held office since 1 January 2013:
(Appointed 11 November 2013)
(Resigned 11 November 2013)
On behalf of the board
Director
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2013
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
BALANCE SHEET
AS AT
31 DECEMBER 2013
- 2 -
2013
2012
Notes
£
£
Fixed assets
Investments
2
Net current assets
-
-
Total assets less current liabilities
2
2
Capital and reserves
Called up share capital
3
Shareholders' funds
Audit exemption statement
Directors' responsibilities:
-
-
Approved by the Board and authorised for issue on 29 August 2014
Director
Company Registration No. 3239847
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2013
- 3 -
1
Accounting policies
1.1
Accounting convention
The company has ceased trading. For this reason, and as required by FRS 18.21, the directors have prepared the financial statements on the basis that the company is no longer a going concern.
The company has not produced a cashflow statement on the basis that the ultimate parent undertaking, Capita plc, has prepared a group cashflow statement in accordance with FRS1 (revised).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for any impairment.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company has not prepared group accounts as it is exempt from the requirement to do so by section 400 of the Companies Act 2006 as it is a subsidiary undertaking of Capita plc, a company incorporated in England and Wales, and is included in the consolidated accounts of that company.
1.5
Related party transactions
The company has taken advantage of the exemption under FRS 8: Related Party Disclosures not to disclose transactions entered into between two or more members of Capita plc, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.
2
Fixed asset investments
Shares in group undertakings and participating interests
£
Cost
At 1 January 2013 & at 31 December 2013
2
Net book value
At 31 December 2013
At 31 December 2012
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2013
- 4 -
3
Share capital
2013
2012
£
£
Allotted, called up and fully paid
4
Control
The company's immediate parent undertaking is Capita Business Services Limited, a company incorporated in England and Wales.
The company's ultimate parent undertaking is Capita plc, a company incorporated in England and Wales. The accounts of Capita plc are available from the registered office at 61-71 Victoria Street, London SW1H 0XA.
The company's ultimate parent undertaking is Capita plc, a company incorporated in England and Wales. The accounts of Capita plc are available from the registered office at 61-71 Victoria Street, London SW1H 0XA.