FELIX O'HARE GROUP LTD 31/03/2023 iXBRL

FELIX O'HARE GROUP LTD 31/03/2023 iXBRL

FELIX O'HARE GROUP LTD - Company Information

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0 31/03/2023 2023-03-31 false false false false false false false false false true true false false true false false false false false false false No description of principal activities is disclosed 2022-04-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP NI675487 2022-04-01 2023-03-31 NI675487 2023-03-31 NI675487 2022-03-31 NI675487 bus:Director1 2022-04-01 2023-03-31 NI675487 core:ShareCapital 2023-03-31 NI675487 core:ShareCapital 2022-03-31 NI675487 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 NI675487 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 NI675487 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 NI675487 core:Non-currentFinancialInstruments 2023-03-31 NI675487 core:Non-currentFinancialInstruments 2022-03-31 NI675487 bus:SmallEntities 2022-04-01 2023-03-31 NI675487 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 NI675487 bus:FullAccounts 2022-04-01 2023-03-31 NI675487 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 NI675487 bus:EntityHasNeverTraded 2022-04-01 2023-03-31 NI675487 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Company registration number: NI675487
FELIX O'HARE GROUP LTD
Unaudited financial statements
31 March 2023
FELIX O'HARE GROUP LTD
Contents
Director's report
Statement of financial position
Notes to the financial statements
FELIX O'HARE GROUP LTD
Director's report
Year ended 31 March 2023
The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2023.
The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the year and preceding financial year. It is anticipated that the company will remain dormant for the foreseeable future.
Director
The director who served the company during the year was as follows:
Damian Gill
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 October 2023 and signed on behalf of the board by:
Damian Gill
Director
FELIX O'HARE GROUP LTD
Statement of financial position
31 March 2023
2023 2022
Note £ £ £ £
Fixed assets
Investments 4 3,818 100
_______ _______
3,818 100
Total assets less current liabilities 3,818 100
_______ _______
Net assets 3,818 100
_______ _______
Capital and reserves
Called up share capital 3,818 100
_______ _______
Shareholder funds 3,818 100
_______ _______
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared 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'.
These financial statements were approved by the board of directors and authorised for issue on 24 October 2023 , and are signed on behalf of the board by:
Damian Gill
Director
Company registration number: NI675487
FELIX O'HARE GROUP LTD
Notes to the financial statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 49 Downshire Road, Newry, Co. Down, BT34 1BA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Income statement policy
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in equity during the current year or prior year.
Fixed asset 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.
Impairment
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.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Investments
Shares in group undertakings and participating interests Total
£ £
Cost
At 1 April 2022 100 100
Additions 3,718 3,718
_______ _______
At 31 March 2023 3,818 3,818
_______ _______
Impairment
At 1 April 2022 and 31 March 2023 - -
_______ _______
Carrying amount
At 31 March 2023 3,818 3,818
_______ _______
At 31 March 2022 100 100
_______ _______