ACCOUNTS - Final Accounts

Caseware UK (AP4) 2016.0.208 2016.0.208 2017-11-302017-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueNo description of principal activityfalse2016-12-01 04601368 2016-12-01 2017-11-30 04601368 2017-11-30 04601368 2016-11-30 04601368 2015-12-01 04601368 c:Director1 2016-12-01 2017-11-30 04601368 d:Non-currentFinancialInstruments d:UnlistedNon-exchangeTraded 2017-11-30 04601368 d:Non-currentFinancialInstruments d:UnlistedNon-exchangeTraded 2016-11-30 04601368 d:CurrentFinancialInstruments 2017-11-30 04601368 d:CurrentFinancialInstruments 2016-11-30 04601368 d:CurrentFinancialInstruments d:WithinOneYear 2017-11-30 04601368 d:CurrentFinancialInstruments d:WithinOneYear 2016-11-30 04601368 d:ShareCapital 2017-11-30 04601368 d:ShareCapital 2016-11-30 04601368 d:ShareCapital 2015-12-01 04601368 d:RetainedEarningsAccumulatedLosses 2016-12-01 2017-11-30 04601368 d:RetainedEarningsAccumulatedLosses 2017-11-30 04601368 d:RetainedEarningsAccumulatedLosses 2016-11-30 04601368 d:RetainedEarningsAccumulatedLosses 2015-12-01 04601368 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2017-11-30 04601368 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2016-11-30 04601368 c:FRS102 2016-12-01 2017-11-30 04601368 c:AuditExempt-NoAccountantsReport 2016-12-01 2017-11-30 04601368 c:FullAccounts 2016-12-01 2017-11-30 04601368 c:PrivateLimitedCompanyLtd 2016-12-01 2017-11-30 04601368 d:Subsidiary1 2016-12-01 2017-11-30 04601368 d:Subsidiary1 1 2016-12-01 2017-11-30 04601368 d:Subsidiary2 2016-12-01 2017-11-30 04601368 d:Subsidiary2 1 2016-12-01 2017-11-30 iso4217:GBP xbrli:pure

Registered number: 04601368

BRANLINK LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2017

BRANLINK LIMITED

REGISTERED NUMBER: 04601368

BALANCE SHEET

AS AT 30 NOVEMBER 2017

		2017		2016
Note		£		£

Fixed assets
Investments	4		764,298		764,298
			764,298		764,298
Current assets
Debtors: amounts falling due within one year	5	100		100
Cash at bank and in hand	6	99,094		94
		99,194		194
Creditors: amounts falling due within one year	7	(3)		(1,003)
Net current assets/(liabilities)			99,191		(809)
Total assets less current liabilities			863,489		763,489

Net assets			863,489		763,489

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BRANLINK LIMITED

REGISTERED NUMBER: 04601368

BALANCE SHEET (CONTINUED)

AS AT 30 NOVEMBER 2017

	2017	2016
Note	£	£

Capital and reserves
Called up share capital	100	100
Profit and loss account	863,389	763,389
	863,489	763,489

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 July 2018.

D G Mattey

Director

The notes on pages 4 to 7 form part of these financial statements.

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BRANLINK LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 NOVEMBER 2017

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 December 2016	100	763,389	763,489
Comprehensive income for the year
Profit for the year	-	400,000	400,000
Dividends: Equity capital	-	(300,000)	(300,000)
At 30 November 2017	100	863,389	863,489

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 NOVEMBER 2016

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 December 2015	100	763,389	763,489
At 30 November 2016	100	763,389	763,489

The notes on pages 4 to 7 form part of these financial statements.

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BRANLINK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

1.	General information

Branlink Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 04601368. The address of the registered office is Lawrence House, Goodwyn Avenue, Mill Hill, London, NW7 3RH. The principal activity of the company is that of holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

Employees

The average monthly number of employees, including directors, during the year was 3 (2016 - 3).

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BRANLINK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

4.	Fixed asset investments

		Unlisted Investments
		£
	Cost or valuation
	At 1 December 2016	764,298
	At 30 November 2017	764,298

	Net book value
	At 30 November 2017	764,298
	At 30 November 2016	764,298

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BRANLINK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

4.Fixed asset investments (continued)

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding	Principal activity

	David Cannon Properties Limited	Ordinary	100%	Buying and selling of real estate
	Branlink Investments Limited	Ordinary	100%	Buying and selling of real estate

The aggregate of the share capital and reserves as at 30 November 2017 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
	Aggregate of share capital and reserves	Profit/(loss)
	£	£

David Cannon Properties Limited	5,948,874	364,770
Branlink Investments Limited	1	-
	5,948,875	364,770

Debtors

					2017	2016
					£	£


Other debtors	100	100
	100	100

6.	Cash and cash equivalents
		2017	2016
		£	£

Cash at bank and in hand	99,094	94
	99,094	94

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BRANLINK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

7.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Amounts owed to group undertakings	3	1,003
	3	1,003

8.	Financial instruments
		2017	2016
		£	£

Financial assets
Financial assets measured at fair value through profit or loss	863,392	764,392
	863,392	764,392

Financial assets measured at fair value through profit or loss comprise cash and cash equivalents.

9.	Related party transactions
	At the year end the following were due from/(to) the following:

		Loans due at 30/11/2017	Loans due at 30/11/2016
		£	£

	Entities with control, joint control or significant influence over the entity	3	1,003
		3	1,003

10.	First time adoption of FRS 102 The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

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