CGA Group Holdings Limited - Limited company - abbreviated - 11.6
CGA Group Holdings Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| FOR |
| CGA GROUP HOLDINGS LIMITED |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| CGA GROUP HOLDINGS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Certified Public Accountants |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| ABBREVIATED BALANCE SHEET |
| 31 DECEMBER 2014 |
| 31.12.14 | 31.12.13 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) | ( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve | ( |
) | ( |
) |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 DECEMBER 2014 |
| The financial statements were approved by the director on |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about CGA Group Holdings Limited as an individual company and |
| do not contain consolidated financial information as the parent of a group. The company has taken the option |
| under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related |
| Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 | 1,217,202 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 49,050 | 34,999 |
| Profit for the year | 14,051 | 56,532 |
| At a meeting on 25 April 2014, and after considering the limited alternatives available to the Company, the |
| director took the decision that the procedure that would optimise a return to creditors whilst enabling the |
| Company and its business to survive was a Creditors Voluntary Arrangement "CVA". |
| The estimated dividend to unsecured creditors after estimated costs and expenses of the "CVA" will be 39 pence |
| in the £ pound. |
| The creditors shown in the balance sheet at 31 December 2013 are prior to any adjustments and do not include |
| any provisions contained within the "CVA". |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 100 | 100 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 100 | 100 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| Ordinary 'A' Non Voting | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2,390,891 | 2,059,893 |
| Profit for the year | 331,108 | 1,677,897 |
| Country of incorporation: England & Wales |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 75.00 |
| £ | £ |
| Aggregate capital and reserves | (817,267 | ) | (582,770 | ) |
| Loss for the year | (234,497 | ) | (381,064 | ) |
| CGA GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 06775443) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 75.00 |
| £ | £ |
| Aggregate capital and reserves | (172,138 | ) | (90,779 | ) |
| Loss for the year | (81,359 | ) | (90,789 | ) |
| 3. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 31.12.14 | 31.12.13 |
| £ | £ |
| Repayable otherwise than by instalments | 250,000 | 250,000 |
| Details of shares shown as liabilities are as follows: |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
| value: | £ | £ |
| Convertable 7.5% Preference | £1 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
| value: | £ | £ |
| Ordinary | £1.00 |
| 5. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |
| The ultimate controlling party is |