EGHB 118 Limited - Accounts to registrar (filleted) - small 17.3

EGHB 118 Limited - Accounts to registrar (filleted) - small 17.3

EGHB 118 LIMITED - Company Information

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REGISTERED NUMBER: 04115561 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

EGHB 118 LIMITED
Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP








EGHB 118 LIMITED (REGISTERED NUMBER: 04115561)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EGHB 118 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: J Newton





REGISTERED OFFICE: 10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP





REGISTERED NUMBER: 04115561 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP
Page 1
EGHB 118 LIMITED (REGISTERED NUMBER: 04115561)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investments 3 2,468,772 2,063,196

CURRENT ASSETS
Debtors 4 - 2,647
Cash at bank 8,527 64,179
8,527 66,826
CREDITORS
Amounts falling due within one year 5 2,200 2,200
NET CURRENT ASSETS 6,327 64,626
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,475,099
2,127,822

PROVISIONS FOR LIABILITIES 77,027 90,877
NET ASSETS 2,398,072 2,036,945

CAPITAL AND RESERVES
Called up share capital 1,500,100 1,500,100
Fair value reserve 6 678,320 664,470
Retained earnings 219,652 (127,625 )
SHAREHOLDERS' FUNDS 2,398,072 2,036,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20 December 2017 and were signed by:





J Newton - Director


The notes form part of these financial statements

Page 2
EGHB 118 LIMITED (REGISTERED NUMBER: 04115561)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

EGHB 118 Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TRANSITION TO FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 April 2015. Details of how FRS 102 has
affected the reported financial position and financial performance is given in the reconciliation of equity.

INVESTMENTS
Investments are measured at fair value with changes in fair value being recognised in the statement of
comprehensive income.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

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.

3. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2016 2,063,196
Additions 1,708,625
Disposals (1,634,527 )
Revaluations 331,478
At 31 March 2017 2,468,772
NET BOOK VALUE
At 31 March 2017 2,468,772
At 31 March 2016 2,063,196

Listed investments have a historical cost of £1,695,000 (2016: £1,695,000).

Page 3 continued...
EGHB 118 LIMITED (REGISTERED NUMBER: 04115561)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Income tax - 2,647

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 2,200 2,200

6. RESERVES
Fair
value
reserve
£   
At 1 April 2016 664,470
Reserve transfers 13,850

At 31 March 2017 678,320

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year-end the directors loan account had a credit balance of £1,000 (2016: credit of £1,000).

8. RELATED PARTY TRANSACTIONS

The Company was under the control of Jane Newton throughout the period.

Page 4