Sexton Holdings Limited - Limited company - abbreviated - 11.0.0
Sexton Holdings Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31st December 2013 |
| for |
| Sexton Holdings Limited |
| Sexton Holdings Limited (Registered number: 04477211) |
| Contents of the Abbreviated Accounts |
| for the year ended 31st December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Sexton Holdings Limited |
| Company Information |
| for the year ended 31st December 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Sexton Holdings Limited (Registered number: 04477211) |
| Abbreviated Balance Sheet |
| 31st December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors on behalf by: |
| Sexton Holdings Limited (Registered number: 04477211) |
| Notes to the Abbreviated Accounts |
| for the year ended 31st December 2013 |
| 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 Sexton 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. |
| Taxation |
| Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have |
| been enacted or substantively enacted by the balance sheet date. |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. A deferred tax asset is only recognised when it is more likely than not that the asset will be |
| recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences |
| can be deducted. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
| at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Fixed asset investments |
| Fixed asset investments are shown at cost less provision for impairment. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st January 2013 |
| and 31st December 2013 |
| NET BOOK VALUE |
| At 31st December 2013 |
| At 31st December 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Subsidiary |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| £ | £ |
| Aggregate capital and reserves | 403,116 | 289,237 |
| Profit for the year | 113,879 | 105,868 |
| Sexton Holdings Limited (Registered number: 04477211) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31st December 2013 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Associated companies |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| 2013 | 2012 |
| £ | £ |
| Aggregate capital and reserves | 1,000 | 1,000 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| 2012 |
| £ | £ |
| Aggregate capital and reserves | (3,750,000 | ) | (3,936,680 | ) |
| Profit/(loss) for the year | 187,000 | (398,987 | ) |
| The holding in Birchwood Motor Group Limited is an indirect holding through Birchwood Intermediate Limited. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary |
| 2013 | 2012 |
| £ | £ |
| Aggregate capital and reserves | 55 | (597,846 | ) |
| Profit/(loss) for the year | 597,901 | (14,579 | ) |
| The holding in Libra Cars Limited is an indirect holding through Birchwood Intermediate Limited. |
| Libra Cars was dissolved on 6 May 2014. |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | £1 |