Halran Limited Filleted accounts for Companies House (small and micro)

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COMPANY REGISTRATION NUMBER: 08416187

Halran Limited

Filleted Unaudited Financial Statements

30 September 2017

Halran Limited

Statement of Financial Position

30 September 2017

	2017	2016
Note	£	£

Fixed assets

Investments	4	402,000	402,000

Creditors: amounts falling due within one year	5	401,900	401,900
		---------	---------
Net current liabilities		401,900	401,900
		---------	---------
Total assets less current liabilities		100	100
		----	----

Capital and reserves

Called up share capital	100	100
	----	----
Shareholders funds	100	100
	----	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 September 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 12 July 2018 , and are signed on behalf of the board by:

Mrs J M Halton

Director

Company registration number: 08416187

Halran Limited

Notes to the Financial Statements

Year ended 30 September 2017

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Unit 6C Chilten Close, Cardiff Business park, Llanishen, Cardiff, Cf14 5DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 October 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 6.

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 following disclosure exemptions available under paragraph 1.12 of FRS 102: No cash flow statement has been presented for the company.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 October 2016 and 30 September 2017	402,000
	---------
Impairment
At 1 October 2016 and 30 September 2017	–
	---------

Carrying amount
At 30 September 2017	402,000
	---------
At 30 September 2016	402,000
	---------

The Company's investments at the Balance Sheet date in the share capital of companies include the following

IDS Security Systems Limited

Nature of business:sale and Maintenance of security systems.

Class of share: holding

Ordinary 100.00

2017 2016

£ £

Aggregate capital and reserves 436,309 428,947

Profit for the year 81,364 36,626

========= ========

5. Creditors: amounts falling due within one year

	2017	2016
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	401,900	360,131
Other creditors	–	41,769
	---------	---------
	401,900	401,900
	---------	---------

6. Transition to FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 October 2015.

No transitional adjustments were required in equity or profit or loss for the year.