Girl Rona Holdings Limited - Period Ending 2016-08-31

Registration number: 09689672

Girl Rona Holdings Limited

Unaudited abbreviated accounts

for the period from 16 July 2015 to 31 August 2016
 
 

Girl Rona Holdings Limited
Contents

Abbreviated balance sheet 1 to 2

Notes to the abbreviated accounts 3 to 5

Girl Rona Holdings Limited
(Registration number: 09689672)
Abbreviated balance sheet at 31 August 2016

		Note			31 August 2016 £
Fixed assets
Investments		2			903,520
Current assets
Debtors		3			32
Creditors: amounts falling due within one year					(400,107)
Net current liabilities					(400,075)
Total assets less current liabilities					503,445
Creditors: amounts falling due after more than one year					(525,000)
Net liabilities					(21,555)
Capital and reserves
Called up share capital		5			100
Profit and loss account					(21,655)
Shareholders' deficit					(21,555)

The notes on pages 3 to 5 form an integral part of these abbreviated accounts.
Page 1

Girl Rona Holdings Limited
(Registration number: 09689672)
Abbreviated balance sheet at 31 August 2016
......... continued

For the year ending 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated 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 board on 13 April 2017 and signed on its behalf by:

.........................................
I J Spear
Director

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

Girl Rona Holdings Limited
Notes to the abbreviated accounts for the period from 16 July 2015 to 31 August 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.

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

Girl Rona Holdings Limited
Notes to the abbreviated accounts for the period from 16 July 2015 to 31 August 2016
......... continued

2	Fixed assets

		Investments £			Total £
Cost
Additions		903,520			903,520
At 31 August 2016		903,520			903,520
Depreciation
At 31 August 2016		-			-
Net book value
At 31 August 2016		903,520			903,520

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
Girl Rona Limited	England	Equity shares	100%	Marine fishing

The profit for the financial period of Girl Rona Limited was £85,575 and the aggregate amount of capital and reserves at the end of the period was £472,649.

Page 4

Girl Rona Holdings Limited
Notes to the abbreviated accounts for the period from 16 July 2015 to 31 August 2016
......... continued

3

Debtors

Debtors includes £nil receivable after more than one year.

 

4

Creditors

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

		31 August 2016 £
Amounts falling due within one year		125,000
Amounts falling due after more than one year		525,000
Total secured creditors		650,000

5	Share capital

Allotted, called up and fully paid shares

	31 August 2016
		No.			£
AA Ordinary shares of £0.01 each		3,226			32
AB Ordinary shares of £0.01 each		6,774			68
		10,000			100

New shares allotted

During the period 10,000 ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100.

Page 5