| Brittannia Holdings (UK) Limited |
| Registered number: |
06806496 |
| Abbreviated Balance Sheet |
| as at 28 February 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2,791,717 |
|
|
2,805,746 |
| Investments |
3 |
|
|
900,000 |
|
|
900,000 |
|
|
|
|
3,691,717 |
|
|
3,705,746 |
|
| Current assets |
| Cash at bank and in hand |
|
|
76,402 |
|
|
51,418 |
|
| Creditors: amounts falling due within one year |
|
|
(1,227,366) |
|
|
(1,477,369) |
|
| Net current liabilities |
|
|
|
(1,150,964) |
|
|
(1,425,951) |
|
| Total assets less current liabilities |
|
|
|
2,540,753 |
|
|
2,279,795 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(575,000) |
|
|
(550,000) |
|
|
|
| Net assets |
|
|
|
1,965,753 |
|
|
1,729,795 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100,000 |
|
|
100,000 |
| Profit and loss account |
|
|
|
1,865,753 |
|
|
1,629,795 |
|
| Shareholders' funds |
|
|
|
1,965,753 |
|
|
1,729,795 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Y A Mahomed |
| Director |
| Approved by the board on 15 September 2014 |
|
| Brittannia Holdings (UK) Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Group accounts |
|
The financial statements present information about the company as an individual undertaking |
|
and not about the group. The company and its subsidiary undertaking comprise of a small group. |
|
The company has therefore taken advantage of the exemptions provided by section 399 of the |
|
Companies Act 2006 not to prepare group accounts. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Freehold buildings |
0.5% reducing balance |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2013 |
2,900,000 |
|
At 28 February 2014 |
2,900,000 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2013 |
94,254 |
|
Charge for the year |
14,029 |
|
At 28 February 2014 |
108,283 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2014 |
2,791,717 |
|
At 28 February 2013 |
2,805,746 |
|
|
|
|
|
|
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
At 1 March 2013 |
900,000 |
|
|
At 28 February 2014 |
900,000 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Brittannia Textile Printers (Leicester) Limited |
Ordinary |
100 |
|
538,219 |
|
189,030 |
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100,000 |
|
100,000 |
|
100,000 |
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
At the year end, £500,000 (2013: £500,000) was due to the shareholders in respect of their loan account. |
