Adriana Holdings Limited Filleted accounts for Companies House (small and micro)

ADRIANA HOLDINGS LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 07672888

Adriana Holdings Limited

Filleted Unaudited Financial Statements

30 September 2022

Adriana Holdings Limited

Financial Statements

Year ended 30 September 2022

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	3

Adriana Holdings Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Adriana Holdings Limited

Year ended 30 September 2022

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 30 September 2022, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HARPER SHELDON LIMITED Chartered Accountants

Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ

25 May 2023

Adriana Holdings Limited

Statement of Financial Position

30 September 2022

	2022	2021
Note	£	£

Fixed assets

Investments	4	300,000	300,000

Current assets

Cash at bank and in hand	120	120
	----	----
Net current assets	120	120
	---------	---------
Total assets less current liabilities	300,120	300,120

Creditors: amounts falling due after more than one year	5	150,000	150,000
		---------	---------
Net assets		150,120	150,120
		---------	---------

Capital and reserves

Called up share capital	120	120
Profit and loss account	150,000	150,000
	---------	---------
Shareholders funds	150,120	150,120
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 May 2023 , and are signed on behalf of the board by:

Mr S E McHattie

Director

Company registration number: 07672888

Adriana Holdings Limited

Notes to the Financial Statements

Year ended 30 September 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Priory Nursing Home, Llandogo, Monmouth, NP25 4TP, Wales.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Investments

	Other investments other than loans
	£
Cost
At 1 October 2021 and 30 September 2022	300,000
	---------
Impairment
At 1 October 2021 and 30 September 2022	–
	---------

Carrying amount
At 30 September 2022	300,000
	---------
At 30 September 2021	300,000
	---------

The company owns 100% of the share capital in Adriana Limited, a company registered in England and Wales.

Aggregate capital and reserves

Adriana limited £1,024,207

Profit and (loss) for the year

Adriana Limited £93,960

5. Creditors: amounts falling due after more than one year

	2022	2021
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	150,000	150,000
	---------	---------

6. Related party transactions

The company owed £150,000 (2021: £150,000) to Adriana Limited by way of an intercompany loan.