ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

LOUDOUN HOLDINGS LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2021-03-312021-03-31true2020-04-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1No description of principal activity1false 12037183 2020-04-01 2021-03-31 12037183 2019-06-06 2020-03-31 12037183 2021-03-31 12037183 2020-03-31 12037183 c:Director1 2020-04-01 2021-03-31 12037183 d:ShareCapital 2021-03-31 12037183 d:ShareCapital 2020-03-31 12037183 d:SharePremium 2021-03-31 12037183 d:SharePremium 2020-03-31 12037183 c:FRS102 2020-04-01 2021-03-31 12037183 c:AuditExempt-NoAccountantsReport 2020-04-01 2021-03-31 12037183 c:FullAccounts 2020-04-01 2021-03-31 12037183 c:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31 12037183 6 2020-04-01 2021-03-31 iso4217:GBP xbrli:pure

Registered number: 12037183









LOUDOUN HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2021
 
LOUDOUN HOLDINGS LIMITED
REGISTERED NUMBER: 12037183

BALANCE SHEET
AS AT 31 MARCH 2021

2021
2020
Note
�
�

Fixed assets
  

Investments
 4 
2,448,698
2,448,698

  
2,448,698
2,448,698

  

Total assets less current liabilities
  
 
2,448,698
 
2,448,698

  

Net assets
  
2,448,698
2,448,698


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
2,448,598
2,448,598

  
2,448,698
2,448,698


Page 1
 
LOUDOUN HOLDINGS LIMITED
REGISTERED NUMBER: 12037183
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2021

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 profit and loss account 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 on 20 December 2021.




J A Rose
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2
 
LOUDOUN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2021

1.


General information

Loudoun Holdings Limited is a private company limited by shares, incorporated in England and Wales (registered number 12037183). The Company was incorporated on 6 June 2019. The registered office is 64 New Cavendish Street, London, W1G 8TB. The Company's presentational currency is GBP, and this is the Company's functional currency.

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

Going concern

In assessing the ability of the Company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the Company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
Potential sources of uncertainty noted by the director includes the COVID-19 pandemic. However, at the date of this report it is not possible to reliably determine the effects that this will have on the Company. 
Accordingly the director had continued to prepare the financial statements on the going concern
basis.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

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 period was 1 (2020 - 1).

Page 3
 
LOUDOUN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2021

4.


Fixed asset investments





Unlisted investments

�



Cost or valuation


At 1 April 2020
2,448,698



At 31 March 2021
2,448,698




Page 4