ACCOUNTS - Final Accounts

FALK & ROSS GROUP (UK) LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 dormant intermediate holding companytruefalsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetruetrue2true2021-01-012 07109474 2021-01-01 2021-12-31 07109474 2020-01-01 2020-12-31 07109474 2021-12-31 07109474 2020-12-31 07109474 c:Director1 2021-01-01 2021-12-31 07109474 c:Director2 2021-01-01 2021-12-31 07109474 c:RegisteredOffice 2021-01-01 2021-12-31 07109474 d:ShareCapital 2021-12-31 07109474 d:ShareCapital 2020-12-31 07109474 c:FRS102 2021-01-01 2021-12-31 07109474 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 07109474 c:FullAccounts 2021-01-01 2021-12-31 07109474 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 07109474 d:Subsidiary1 2021-01-01 2021-12-31 07109474 d:Subsidiary1 1 2021-01-01 2021-12-31 07109474 d:Subsidiary2 2021-01-01 2021-12-31 07109474 d:Subsidiary2 1 2021-01-01 2021-12-31 07109474 6 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 07109474

Falk & Ross Group (UK) Limited

Unaudited

Financial statements

For the year ended 31 December 2021


Falk & Ross Group (UK) Limited

Company Information

Directors	S M Pope
	C-J Forsberg


Registered number	07109474


Registered office	Point 1
	Opus 9 Axletree Way
	Wednesbury
	WS10 9QY


Falk & Ross Group (UK) Limited

Contents

	Page
Balance sheet	1
Notes to the financial statements	2 - 3


Falk & Ross Group (UK) Limited Registered number:07109474

Balance sheet

As at 31 December 2021

	2021	2020
Note	£	£

Fixed assets
Investments	4	1,000,000	1,000,000
		1,000,000	1,000,000

Total assets less current liabilities		1,000,000	1,000,000

Net assets		1,000,000	1,000,000

Capital and reserves
Called up share capital	1,000,000	1,000,000
	1,000,000	1,000,000

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 July 2022.

S M Pope

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


Falk & Ross Group (UK) Limited

Notes to the financial statements

For the year ended 31 December 2021

1.	General information

Falk & Ross Group (UK) Limited is a private limited liability company incorporated by shares and registered in England and Wales under the Companies Act. The registered office is at Point 1, Opus 9 Axletree Way, Wednesbury, WS10 9QY. The principal activity of the company is that of a dormant intermediate holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Falk & Ross Group Equity GmbH as at 31 December 2021 and these financial statements may be obtained from the German Registrar of Companies, "Elektronischer Bundesanzeiger" at https://www.bundesanzeiger .de.

2.3

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

The carrying values of fixed asset investments are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

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Falk & Ross Group (UK) Limited

Notes to the financial statements

For the year ended 31 December 2021

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2021	1,000,000
	At 31 December 2021	1,000,000

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Registered office	Class of shares	Holding

	B.T.C. Activewear Holdings Limited	Point 1 Opus 9 Axletree Way Wednesbury WS10 9QY	Ordinary	76%
	B.T.C. Activewear Limited *	Point 1 Opus 9 Axletree Way Wednesbury WS10 9QY	Ordinary	100%

* Denotes indirect holding by the company.

5.	Controlling party

The immediate and ultimate parent undertaking and controlling party is Falk & Ross Group Equity GmbH, a company registered in Germany. Falk & Ross Group Equity GmbH is the smallest and largest group undertaking for which group financial statements are drawn up.

Falk & Ross Group Equity GmbH prepared group financial statements and copies can be obtained from the German Registrar of Companies, "Elektronischer Bundesanzeiger" at https://www.bundesanzeiger .de.

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