Contronics (Holdings) Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09322549 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2017

for

Contronics (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D R Waimann

Dr S R G Mery

SECRETARY:

Dr S R G Mery

REGISTERED OFFICE:

47 Ashworth Mansions

Grantully Road

London

W9 1LW

REGISTERED NUMBER:

09322549 (England and Wales)

ACCOUNTANTS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Investments

3

1,477,095

1,238,315

CURRENT ASSETS

Debtors

4

-

174

Cash at bank

36,944

36,944

36,944

37,118

CREDITORS

Amounts falling due within one year

5

(320,925

)

(78,530

)

NET CURRENT LIABILITIES

(283,981

)

(41,412

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,193,114

1,196,903

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,192,114

1,195,903

SHAREHOLDERS' FUNDS

1,193,114

1,196,903

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

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

The directors acknowledge their 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 Board of Directors on 19 June 2018 and were signed on its behalf by:

Dr S R G Mery - Director

1.	STATUTORY INFORMATION

Contronics (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.	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.

These financial statements for the year ended 30 September 2017 are the first financial statements that comply

with FRS 102 Section 1A for small entities. The date of transition is 1 October 2015.

The transition to FRS 102 Section 1A for small entities has resulted in no changes to the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about Contronics (Holdings) Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

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 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

Shares in

group

undertakings

£

COST

At 1 October 2016

1,238,315

Additions

238,780

At 30 September 2017

1,477,095

NET BOOK VALUE

At 30 September 2017

1,477,095

At 30 September 2016

1,238,315

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Other debtors

-

174

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Amounts owed to group undertakings

255,925

13,356

Other creditors

65,000

65,174

320,925

78,530