A G Vaughan (Holdings) Limited - Accounts to registrar (filleted) - small 22.3

A G Vaughan (Holdings) Limited - Accounts to registrar (filleted) - small 22.3

A G VAUGHAN (HOLDINGS) LIMITED - Company Information

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REGISTERED NUMBER: 05453500 (England and Wales)















Unaudited Financial Statements

for the period

30 March 2021 to 31 March 2022

for

A G VAUGHAN (HOLDINGS) LIMITED
A G VAUGHAN (HOLDINGS) LIMITED (REGISTERED NUMBER: 05453500)

Contents of the Financial Statements
for the period 30 March 2021 to 31 March 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

A G VAUGHAN (HOLDINGS) LIMITED

Company Information
for the period 30 March 2021 to 31 March 2022







Directors: A G Vaughan
S E Vaughan





Secretary: S E Vaughan





Registered office: Aissela
46 High Street
Esher
Surrey
KT10 9QY





Registered number: 05453500 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY
Page 1
A G VAUGHAN (HOLDINGS) LIMITED (REGISTERED NUMBER: 05453500)

Balance Sheet
31 March 2022

2022 2021
Notes £ £ £ £
Fixed assets
Investments 4 100 100

Current assets
Debtors 5 50 50
Net current assets 50 50
Total assets less current liabilities 150 150

Capital and reserves
Called up share capital 6 100 100
Retained earnings 50 50
Shareholders' funds 150 150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2023 and were signed on its behalf by:





A G Vaughan - Director


The notes form part of these financial statements

Page 2
A G VAUGHAN (HOLDINGS) LIMITED (REGISTERED NUMBER: 05453500)

Notes to the Financial Statements
for the period 30 March 2021 to 31 March 2022


1. Statutory information

A G Vaughan (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis. The Directors have considered the relevant information including the annual budget, and in response to Covid-19, have considered the company's available resources and ability to scale back the company's operations as required. The company will be able to continue to operate for the foreseeable future.

Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating the provision against loans. A full review of loans due to the company is carried out by management regularly. Whilst every attempt is made to ensure that the provision against loans is as accurate as possible, there remains a risk that the provisions do not match the level of loans which ultimately prove to be uncollectable.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


Page 3
A G VAUGHAN (HOLDINGS) LIMITED (REGISTERED NUMBER: 05453500)

Notes to the Financial Statements - continued
for the period 30 March 2021 to 31 March 2022


2. Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value.

3. Employees and directors

The average number of employees during the period was NIL (2021 - NIL).

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 30 March 2021
and 31 March 2022 100
Net book value
At 31 March 2022 100
At 29 March 2021 100

5. Debtors: amounts falling due within one year
2022 2021
£ £
Other debtors 50 50

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £ £
100 Ordinary £1 100 100

7. Related party disclosures

At 31 March 2022, the company was owed £159,776 (2021: £159,776) by its subsidiary. The amount outstanding was interest free and was repayable on demand. A provision against the balance has been made. The provision is £159,776 (2021: £159,776).

Page 4
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
A G Vaughan (Holdings) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A G Vaughan (Holdings) Limited for the period ended 31 March 2022 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A G Vaughan (Holdings) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A G Vaughan (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of A G Vaughan (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A G Vaughan (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A G Vaughan (Holdings) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A G Vaughan (Holdings) Limited. You consider that A G Vaughan (Holdings) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of A G Vaughan (Holdings) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY


29 March 2023

This page does not form part of the statutory financial statements

Page 5