The Vantage Point Group Holdings Limited - Abbreviated accounts 16.1
The Vantage Point Group Holdings Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated unaudited accounts |
| for the year ended 31 August 2015 |
| For |
| The Vantage Point Group Holdings Limited |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Contents of the abbreviated accounts |
| for the year ended 31 August 2015 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 4 |
| The Vantage Point Group Holdings Limited |
| Company information |
| for the year ended 31 August 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Business Advisers and Accountants |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Abbreviated balance sheet |
| 31 August 2015 |
| 31.8.15 | 31.8.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Abbreviated balance sheet - continued |
| 31 August 2015 |
| 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. |
| The financial statements were approved by the director on |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Notes to the abbreviated accounts |
| for the year ended 31 August 2015 |
| 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 The Vantage Point 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. |
| Turnover |
| Turnover represents the value, net of value added tax and discounts, of services provided to customers. Turnover is |
| recognised when the event takes place. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Research and development |
| Research and development expenditure is written off in the profit and loss account in the year to which the |
| expenditure relates. The tax relief on research and development expenditure will be recognised in the financial |
| statements in the year it has been approved by HMRC. |
| Foreign currencies |
| Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and |
| liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All |
| differences are taken to the profit and loss account. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss |
| accounts as they become payable in accordance with rules of the scheme. |
| Investments in subsidiaries and other entities are held at cost or cost less the decrease in value where this is |
| appropriate. |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Notes to the abbreviated accounts - continued |
| for the year ended 31 August 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2014 |
| and 31 August 2015 |
| AMORTISATION |
| At 1 September 2014 |
| Amortisation for year |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2014 |
| Additions |
| At 31 August 2015 |
| DEPRECIATION |
| At 1 September 2014 |
| Charge for year |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Notes to the abbreviated accounts - continued |
| for the year ended 31 August 2015 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 September 2014 |
| and 31 August 2015 |
| PROVISIONS |
| At 1 September 2014 |
| Charge for year |
| At 31 August 2015 | 215,891 |
| NET BOOK VALUE |
| At 31 August 2015 | 144,027 |
| At 31 August 2014 | 180,009 |
| Investments (neither listed nor unlisted) were as follows: |
| 31.8.15 | 31.8.14 |
| £ | £ |
| Investment - The Vantage |
| Point Group LLP |
| The company's investments at the Balance sheet date in the share capital of companies include the following: |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves |
| The Vantage Point Group Holdings Limited (Registered number: 03190002) |
| Notes to the abbreviated accounts - continued |
| for the year ended 31 August 2015 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.15 | 31.8.14 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by Mr J H Denham, the sole director and owner of 60% of the issued share capital of the |
| company. |