NK GROUP HOLDINGS LTD
NK GROUP HOLDINGS LTD
Company No:
NK GROUP HOLDINGS LTD
Unaudited Financial Statements
For the financial year ended 31 March 2022
Pages for filing with the registrar
For the financial year ended 31 March 2022
Pages for filing with the registrar
Unaudited Financial Statements
Contents
COMPANY INFORMATION
COMPANY INFORMATION (continued)
DIRECTORS | Neil Keeling |
Jeremy Phillip White |
REGISTERED OFFICE | 3 Filers Way |
Weston Gateway Business Park | |
Weston-Super-Mare | |
BS24 7JP | |
United Kingdom |
COMPANY NUMBER | 11459648 (England and Wales) |
CHARTERED ACCOUNTANTS | Albert Goodman LLP |
3 Filers Way | |
Weston Gateway Business Park | |
Weston-super-Mare | |
Somerset | |
BS24 7JP |
BALANCE SHEET
BALANCE SHEET (continued)
Note | 2022 | 2021 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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2,702 | 2,702 | |||
Creditors | ||||
Amounts falling due within one year | 4 | (
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Net current liabilities | (2,696) | (1,933) | ||
Total assets less current liabilities | 6 | 769 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
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The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476; -
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; and -
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.
The financial statements of NK Group Holdings Ltd (registered number:
Neil Keeling
Director |
Jeremy Phillip White
Director |
NOTES TO THE FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting policies
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
General information and basis of accounting
NK Group Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Filers Way, Weston Gateway Business Park, Weston-Super-Mare, BS24 7JP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.
Group accounts exemption
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
Fixed asset investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Ordinary share capital
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.
2. Employees
2022 | 2021 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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3. Fixed asset investments
Investments in subsidiaries
2022 | |
£ | |
Cost | |
At 01 April 2021 |
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At 31 March 2022 |
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Carrying value at 31 March 2022 |
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Carrying value at 31 March 2021 |
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Investments in shares
Name of entity | Registered office | Nature of business | Class of shares |
Ownership 31.03.2022 |
Ownership 31.03.2021 |
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3 Filers Way, Weston Gateway Business Park, Weston Super Mare. BS24 7JP | Retail of sportswear and equipment |
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3 Filers Way, Weston Gateway Business Park, Weston Super Mare. BS24 7JP | Retail of sportswear and equipment |
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4. Creditors: amounts falling due within one year
2022 | 2021 | ||
£ | £ | ||
Amounts owed to fellow subsidiaries |
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Other creditors |
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