ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

YOURDOLPHIN HOLDINGS LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2021-12-312021-12-3132021-01-014falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07147894 2021-01-01 2021-12-31 07147894 2020-01-01 2020-12-31 07147894 2021-12-31 07147894 2020-12-31 07147894 2021-01-01 07147894 c:CompanySecretary1 2021-01-01 2021-12-31 07147894 c:Director1 2021-01-01 2021-12-31 07147894 c:Director2 2021-01-01 2021-12-31 07147894 c:Director4 2021-01-01 2021-12-31 07147894 c:RegisteredOffice 2021-01-01 2021-12-31 07147894 d:PatentsTrademarksLicencesConcessionsSimilar 2021-12-31 07147894 d:PatentsTrademarksLicencesConcessionsSimilar 2020-12-31 07147894 d:CurrentFinancialInstruments 2021-12-31 07147894 d:CurrentFinancialInstruments 2020-12-31 07147894 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 07147894 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 07147894 d:ShareCapital 2021-12-31 07147894 d:ShareCapital 2020-12-31 07147894 c:FRS102 2021-01-01 2021-12-31 07147894 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 07147894 c:FullAccounts 2021-01-01 2021-12-31 07147894 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 07147894 6 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure
Company registration number: 07147894







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR TO ENDED
31 DECEMBER 2021


YOURDOLPHIN HOLDINGS LIMITED






































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YOURDOLPHIN HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
Mr N P Duffy 
Mr M B Hill 
Mr S J Bennett 




Company secretary
Mr N P Duffy



Registered number
07147894



Registered office
Technology House
Blackpole Trading Estate West

Worcester

Worcestershire

WR3 8TJ




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX




 


YOURDOLPHIN HOLDINGS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5

 


YOURDOLPHIN HOLDINGS LIMITED
REGISTERED NUMBER:07147894



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
2019
£
£

Fixed assets
  

Intangible assets
 4 
2
2

Investments
 5 
100,000
100,000

  
100,002
100,002

Current assets
  

Debtors: amounts falling due within one year
 6 
-
5,852

  
-
5,852

Creditors: amounts falling due within one year
 7 
(2)
(5,854)

Net current liabilities
  
 
 
(2)
 
 
(2)

Total assets less current liabilities
  
100,000
100,000

  

Net assets
  
100,000
100,000


Capital and reserves
  

Called up share capital 
  
100,000
100,000

  
100,000
100,000


Page 1
 


YOURDOLPHIN HOLDINGS LIMITED
REGISTERED NUMBER:07147894


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2021

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 to 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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr N P Duffy
Director

Date: 22 March 2022

The notes on pages 3 to 5 form part of these financial statements.

Page 2
 


YOURDOLPHIN HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO ENDED 31 DECEMBER 2021

1.


General information

The Company is a private company limited by shares, incorporated in England and Wales. Details of the Company's registered office can be found on the company information page.
The presentation currency in the accounts is GBP rounded to the nearest £1.

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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year to was 3 (2020 - 4).

Page 3
 


YOURDOLPHIN HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO ENDED 31 DECEMBER 2021

4.


Intangible assets




Intellectual property

£



Cost


At 1 January 2021
2



At 31 December 2021

2






Net book value



At 31 December 2021
2



At 31 December 2018
2




5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2021
100,000



At 31 December 2021
100,000





6.


Debtors

2021
2019
£
£


Amounts owed by group undertakings
-
5,852

-
5,852


Page 4
 


YOURDOLPHIN HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR TO ENDED 31 DECEMBER 2021

7.


Creditors: Amounts falling due within one year

2021
2019
£
£

Amounts owed to group undertakings
2
5,854

2
5,854



8.


Related party transactions

In accordance with the Financial Reporting Standard 102 Section 33, the Company has not disclosed transactions with fellow group undertakings where they are wholly owned. 
The Company's parent undertaking is YourDolphin Group Limited a company registered and situated in England.
During the year, the Company paid dividends totalling £85,815 (2020 - £70,223) to its parent company, YourDolphin Group Limited.
At the balance sheet date, the Company owed YourDolphin Group Limited £Nil (2020 - £5,852).


9.


Going concern

The directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
Page 5