0 0 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-08-18 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 14304993 2022-08-18 2023-06-30 14304993 2023-06-30 14304993 core:Subsidiary1 2022-08-18 2023-06-30 14304993 core:Subsidiary2 2022-08-18 2023-06-30 14304993 bus:RegisteredOffice 2022-08-18 2023-06-30 14304993 bus:Director1 2022-08-18 2023-06-30 14304993 bus:Director2 2022-08-18 2023-06-30 14304993 bus:Director3 2022-08-18 2023-06-30 14304993 bus:CompanySecretary1 2022-08-18 2023-06-30 14304993 core:ShareCapital 2022-08-18 2023-06-30 14304993 core:SharePremium 2022-08-18 2023-06-30 14304993 core:ShareCapital 2023-06-30 14304993 core:SharePremium 2023-06-30 14304993 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 14304993 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 14304993 core:Non-currentFinancialInstruments 2023-06-30 14304993 bus:SmallEntities 2022-08-18 2023-06-30 14304993 bus:AuditExempt-NoAccountantsReport 2022-08-18 2023-06-30 14304993 bus:FullAccounts 2022-08-18 2023-06-30 14304993 bus:SmallCompaniesRegimeForAccounts 2022-08-18 2023-06-30 14304993 bus:PrivateLimitedCompanyLtd 2022-08-18 2023-06-30
Company registration number: 14304993
HOLDCO NHL LIMITED
Unaudited filleted financial statements
30 June 2023
HOLDCO NHL LIMITED
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
HOLDCO NHL LIMITED
Directors and other information
Directors Mr A R Cohen (Appointed 18 August 2022)(Resigned 9 November 2023)
Mr P R Bristow (Appointed 18 August 2022)
Mr D A Coleman (Appointed 9 November 2023)
Secretary A Hunter
Company number 14304993
Registered office 7th Floor Corn Exchange
55 Mark Lane
London
EC3R 7NE
HOLDCO NHL LIMITED
Statement of financial position
30 June 2023
30/06/23
Note £ £
Fixed assets
Investments 4 886,034
_______
886,034
Current assets
Debtors 5 546
_______
546
Net current assets 546
_______
Total assets less current liabilities 886,580
_______
Net assets 886,580
_______
Capital and reserves
Called up share capital 546,048
Share premium account 340,532
_______
Shareholders funds 886,580
_______
For the period ending 30 June 2023 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 period 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of 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.
These financial statements were approved by the board of directors and authorised for issue on 31 January 2024 , and are signed on behalf of the board by:
Mr P R Bristow
Director
Company registration number: 14304993
HOLDCO NHL LIMITED
Statement of changes in equity
Period ended 30 June 2023
Called up share capital Share premium account Total
£ £ £
At 18 August 2022 - - -
Profit for the period -
_______ _______ _______
Total comprehensive income for the period - - -
Issue of shares 546,048 340,532 886,580
_______ _______ _______
Total investments by and distributions to owners 546,048 340,532 886,580
_______ _______ _______
At 30 June 2023 546,048 340,532 886,580
_______ _______ _______
HOLDCO NHL LIMITED
Notes to the financial statements
Period ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7th Floor Corn Exchange, 55 Mark Lane, London, EC3R 7NE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company 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 company and its subsidiary undertakings comprise a small group.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.
Fixed asset 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.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Investments
Shares in group undertakings and participating interests Total
£ £
Cost
At 18 August 2022 - -
Additions 886,034 886,034
_______ _______
At 30 June 2023 886,034 886,034
_______ _______
Impairment
At 18 August 2022 and 30 June 2023 - -
_______ _______
Carrying amount
At 30 June 2023 886,034 886,034
_______ _______
Investments in group undertakings
Country of incorporation Class of share Percentage of shares held
Subsidiary undertakings
Nsure Holdings Ltd England and Wales Ordinary 100
Nsure Ltd * England and Wales Ordinary 100
*-held indirectly, via other group companies
5. Debtors
30/06/23
£
Other debtors 546
_______