PD Co Holdings (UK) Limited Company Accounts
PD Co Holdings (UK) Limited Company Accounts
COMPANY REGISTRATION NUMBER:
08347300
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For the year ended |
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Financial Statements |
Year ended 30 June 2017
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Investments |
4 |
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Current assets
Debtors |
5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income and the directors' report has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
19 March 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
08347300
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Notes to the Financial Statements |
Year ended 30 June 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3rd Floor Citygate, St. James Boulevard, Newcastle upon Tyne, Tyne and Wear, NE1 4JE.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 July 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the disclosure exemptions available under paragraph 1.12 of FRS 102.
Consolidation
Income tax
Foreign currencies
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Investments in associates
Impairment of fixed assets
Financial instruments
4.
Investments
Shares in group undertakings |
Other investments other than loans |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 July 2016 |
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Additions |
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– |
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At 30 June 2017 |
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Impairment |
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At 1 July 2016 and 30 June 2017 |
– |
– |
– |
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Carrying amount |
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At 30 June 2017 |
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At 30 June 2016 |
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5.
Debtors
2017 |
2016 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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7.
Financial instruments at fair value
2017 |
2016 |
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£ |
£ |
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Financial liabilities measured at fair value through profit or loss
Financial liabilities measured at fair value through profit or loss |
1,054,318 |
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8.
Related party transactions
9.
Controlling party
PDZ (UK) Limited is the parent company, a company incorporated in England and Wales. Prairie Mining Limited is considered to be the ultimate controlling party, a company incorporated in Australia.
10.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 July 2015.
No transitional adjustments were required in equity or profit or loss for the year.