| Gibson Lea Holdings Limited |
| Registered number: |
01311845 |
| Balance Sheet |
| as at 31 December 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
- |
|
|
3 |
|
| Current assets |
| Debtors |
3 |
|
- |
|
|
468 |
|
| Creditors: amounts falling due within one year |
4 |
|
- |
|
|
(273) |
|
| Net current assets |
|
|
|
- |
|
|
195 |
|
| Net assets |
|
|
|
- |
|
|
198 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
91 |
|
|
91 |
| Profit and loss account |
|
|
|
(91) |
|
|
107 |
|
| Shareholders' funds |
|
|
|
- |
|
|
198 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| K Hjelm |
| Director |
| Approved by the board on 1 January 2017 |
|
| Gibson Lea Holdings Limited |
| Notes to the Accounts |
| for the year ended 31 December 2016 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
The company is currently non trading and it is the intention of the directors to wind up the company shortly after the year end. |
|
|
Investments |
|
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 January 2016 |
3 |
|
Disposals |
(3) |
|
|
At 31 December 2016 |
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2016 |
|
2015 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
468 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2016 |
|
2015 |
| £ |
£ |
|
|
Non-equity preference shares |
- |
|
3 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
- |
|
270 |
|
|
|
|
|
|
- |
|
273 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
ROL UK Group |
|
All balances written off in the year relate to companies within the ROL UK Group which are all companies under common control. |
|
During the year the company has written off its investments in ROL Shop Systems Ltd (£1,000) and Yudigar Limited (£1,000) and sold its investment in ROL UK Limited (£1,000) for its carrying value to ROL UK holdings. All companies are under common control in the ROL UK Group |
|
| 6 |
Controlling party |
|
|
The company is a subsidiary of Cavepark Limited. |
|
The largest group in which the results of the company are consolidated is that headed by its ultimate parent company, ROL Retail Solutions International AB. The consolidated financial statements of this group are publicly available in Sweden and can be obtained from ROL International AB, Flygplatsvägen 1, S-555 93, Jönköping, Sweden. |
|
The smallest group in which the results of the company are consolidated is that headed by ROL UK Holdings Limited. The consolidated financial statements of this group are publicly available from Companies House, Crown Way, Cardiff, CF14 3UZ. |
|
| 7 |
Other information |
|
|
Gibson Lea Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Private Road No. 4 |
|
Colwick Industrial Estate |
|
Nottingham |
|
NG4 2JT |
