Flaxmans Group Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09472451 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

5TH MARCH 2015 TO 31ST MARCH 2016

FOR

FLAXMANS GROUP LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTORS:

R C H Flaxman

A Dallison

REGISTERED OFFICE:

162-164 High Street

Rayleigh

Essex

SS6 7BS

REGISTERED NUMBER:

09472451 (England and Wales)

FIXED ASSETS

Investments

2

466

CURRENT ASSETS

Cash in hand

158

CREDITORS

Amounts falling due within one year

(1,119

)

NET CURRENT LIABILITIES

(961

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(495

)

CAPITAL AND RESERVES

Called up share capital

3

158

Profit and loss account

(653

)

SHAREHOLDERS' FUNDS

(495

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22nd November 2016 and were signed on its behalf by:

A Dallison - Director

R C H Flaxman - Director

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 January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Flaxmans Group 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related Party

Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	FIXED ASSET INVESTMENTS

Investme-

nts other

than

loans

£

COST

Additions

466

At 31st March 2016

466

NET BOOK VALUE

At 31st March 2016

466

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Flaxman Partners Limited

Nature of business: Specialist insurance services

%

Class of shares:

holding

Ordinary "A"

100.00

31.3.16

£

Aggregate capital and reserves

73,083

Profit for the year

53,743

Flaxmans Criterion Limited

Nature of business: Insurance support services

%

Class of shares:

holding

Ordinary "A"

100.00

Ordinary "B"

100.00

31.3.16

£

Aggregate capital and reserves

(69,646

)

Loss for the period

(69,804

)

Flaxmans Publishing Limited

Nature of business: Publisher

%

Class of shares:

holding

Ordinary "A"

100.00

Ordinary "B"

100.00

31.3.16

£

Aggregate capital and reserves

(1,825

)

Loss for the period

(628

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,500

Ordinary "A"

£0.10

150

79

Ordinary "B"

£0.10

8

158

The following shares were issued during the period for cash at par :

1,500 Ordinary "A" shares of £0.10

79 Ordinary "B" shares of £0.10

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Flaxmans Group Limited for the period ended 31st March 2016 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given

us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Flaxmans Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Flaxmans Group Limited and state those matters that we have agreed to state to the Board of Directors of Flaxmans Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flaxmans Group Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Flaxmans Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Flaxmans Group Limited. You consider that Flaxmans Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Flaxmans Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

22nd November 2016