Abbreviated Company Accounts - NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED

NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED - Company Information

04113947 NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 04113947 2015-09-01 2016-08-31 04113947 2016-08-31 04113947 2015-08-31 04113947 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 04113947 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-08-31 iso4217:GBP shares

Registered Number 04113947

NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED

Abbreviated Accounts

31 August 2016

NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED Registered Number 04113947

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1,105,500	1,105,500
		1,105,500	1,105,500
Current assets
Cash at bank and in hand		22	22
		22	22
Net current assets (liabilities)		22	22
Total assets less current liabilities		1,105,522	1,105,522
Total net assets (liabilities)		1,105,522	1,105,522
Capital and reserves
Called up share capital	3	1,022	1,022
Share premium account		945,001	945,001
Profit and loss account		159,499	159,499
Shareholders' funds		1,105,522	1,105,522

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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 April 2017

And signed on their behalf by:
J Illingworth, Director

NORTHERN LPG SUPPLIES (HOLDINGS) LIMITED Registered Number 04113947

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and the Financial Reporting Standard for Smaller Entities (effective January 2015) (the FRSSE).

Other accounting policies
Cash flow statement

The company qualifies as a small company under the Companies Act 2006. The directors have elected to take advantage of the exemption under the FRSSE not to prepare a cash flow statement.

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments purchased for a cash consideration are stated at cost. Fixed asset investments purchased for a non cash consideration are valued on the basis of the fair value of the net assets of the company in which the investment is made at the date of purchase.

2Intangible fixed assets

	£
Cost
At 1 September 2015	1,105,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	1,105,500
Amortisation
At 1 September 2015	-
Charge for the year	-
On disposals	-
At 31 August 2016	-
Net book values
At 31 August 2016	1,105,500
At 31 August 2015	1,105,500

In the opinion of the directors, the aggregate value of the company's investments in the subsidiary undertaking is not less than the amount included in the balance sheet.

The company's investment is a holding of 100% of the ordinary share capital of Northern LPG Supplies Limited, a company with a principal activity of the supply of liquid petroleum gas. The profit of Northern LPG Supplies Limited for the year was £500,322 and the aggregate amount of capital and reserves at 31 August 2016 was £3,352,169.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000
22 A Ordinary shares of £1 each	22	22

The ordinary shares of £1 each and the 'A' Ordinary shares of £1 each rank pari passu except as regards capital and dividends.

As regards capital, on return of capital on liquidation or otherwise, the 'A' Ordinary shares shall not entitle the holders thereof to any further or other right of participation in the assets of the company other than the repayment of the amount paid up on such shares.

As regards dividends, the holders of the 'A' Ordinary shares shall not be entitled to the payment of a dividend.