Cleden Holdings Limited - Period Ending 2016-03-31

Registration number: 05385562

Cleden Holdings Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Landin Wilcock & Co
Chartered Accountants
Queen Street Chambers
68 Queen Street
Sheffield
South Yorkshire
S1 1WR

Cleden Holdings Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Cleden Holdings Limited
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cleden Holdings Limited for the year ended 31 March 2016 set out on pages 4 to 9 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Cleden Holdings Limited, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Cleden Holdings Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cleden Holdings Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cleden Holdings Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cleden Holdings Limited. You consider that Cleden Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cleden Holdings 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 accounts.

......................................

Landin Wilcock & Co
Chartered Accountants
Queen Street Chambers
68 Queen Street
Sheffield
South Yorkshire
S1 1WR

15 December 2016

Page 1

Cleden Holdings Limited
(Registration number: 05385562)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Investments		2			15,000			15,000
Current assets
Debtors					8,558			14,466
Cash at bank and in hand					100			51
					8,658			14,517
Creditors: Amounts falling due within one year		3			(4,958)			(4,942)
Net current assets					3,700			9,575
Total assets less current liabilities					18,700			24,575
Creditors: Amounts falling due after more than one year		3			(37,229)			(42,202)
Net liabilities					(18,529)			(17,627)
Capital and reserves
Called up share capital		4			1			1
Profit and loss account					(18,530)			(17,628)
Shareholders' deficit					(18,529)			(17,627)

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Approved by the director on 11 December 2016

.........................................
Edward Tyzack John Hunt
Director

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 2

Cleden Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis. The director expects the subsidiary company to continue trading for the forseeable future and the director's loan will not be withdrawn to the detriment of the company.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Cleden Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2015		15,000			15,000
At 31 March 2016		15,000			15,000
Depreciation
At 31 March 2016		-			-
Net book value
At 31 March 2016		15,000			15,000
At 31 March 2015		15,000			15,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Hedgerow Publishing Limited	England and Wales	Ordinary	100%	Card manufacture

The profit for the financial period of Hedgerow Publishing Limited was £11,784 and the aggregate amount of capital and reserves at the end of the period was £18,456.

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

		2016 £			2015 £
Amounts falling due within one year		4,958			4,942
Amounts falling due after more than one year		6,348			11,321
Total secured creditors		11,306			16,263

Page 4

Cleden Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

4	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

Page 5