Dear (Holdings) Limited - Accounts to registrar (filleted) - small 17.3

Dear (Holdings) Limited - Accounts to registrar (filleted) - small 17.3

DEAR (HOLDINGS) LIMITED - Company Information

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REGISTERED NUMBER: 08619655 (England and Wales)











Dear (Holdings) Limited

Unaudited Financial Statements

for the Year Ended 30 June 2017





Haines Watts
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF








Dear (Holdings) Limited (Registered number: 08619655)

Contents of the Financial Statements
for the Year Ended 30 June 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Dear (Holdings) Limited

Company Information
for the Year Ended 30 June 2017







DIRECTOR: N R Dear





REGISTERED OFFICE: 7b Lancaster Park
Needwood
Burton on Trent
Staffordshire
DE13 9PD





REGISTERED NUMBER: 08619655 (England and Wales)





ACCOUNTANTS: Haines Watts
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF
Page 1
Dear (Holdings) Limited (Registered number: 08619655)

Statement of Financial Position
30 June 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,613,000 2,613,000

CURRENT ASSETS
Cash in hand 2 2

CREDITORS
Amounts falling due within one year 5 1,313,000 1,053,000
NET CURRENT LIABILITIES (1,312,998 ) (1,052,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,300,002
1,560,002

CREDITORS
Amounts falling due after more than one
year
6
-
260,000
NET ASSETS 1,300,002 1,300,002

CAPITAL AND RESERVES
Called up share capital 7 4 4
Share premium 8 1,299,998 1,299,998
SHAREHOLDERS' FUNDS 1,300,002 1,300,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 14 March 2018 and were signed by:





N R Dear - Director


The notes form part of these financial statements

Page 2
Dear (Holdings) Limited (Registered number: 08619655)

Notes to the Financial Statements
for the Year Ended 30 June 2017


1. STATUTORY INFORMATION

Dear (Holdings) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgement, estimates
and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of revision and future periods where the revision affects both current and future periods.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2016
and 30 June 2017 2,613,000
NET BOOK VALUE
At 30 June 2017 2,613,000
At 30 June 2016 2,613,000

Page 3 continued...
Dear (Holdings) Limited (Registered number: 08619655)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2017


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed to group undertakings 1,053,000 793,000
Other creditors 260,000 260,000
1,313,000 1,053,000

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Other creditors - 260,000

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
4 Ordinary shares £1 4 4

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 July 2016 - 1,299,998 1,299,998
Profit for the year 288,000 288,000
Dividends (288,000 ) (288,000 )
At 30 June 2017 - 1,299,998 1,299,998

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £288,000 were paid to the directors .

The company also received dividends totalling £288,000 (2016: £288,000) from Longvale Limited.

At the balance sheet date, the company owed £1,053,000 (2016: £793,000) to Longvale Limited.

10. FIRST YEAR ADOPTION

The company has adopted the provisions set out in FRS102 (Section 1A) for small companies. This is the first
year that the company has prepared financial statements under the new regulatory framework. It is not
considered that there are any transitional adjustments required to either the prior year figures nor those at the
transitional date. As such, no reconciliation is provided in these financial statements.

Page 4