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REGISTERED NUMBER: 14079729 (England and Wales)













Financial Statements

for the Year Ended 31 December 2023

for

Conductor Capital Holdings Limited

Conductor Capital Holdings Limited (Registered number: 14079729)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Conductor Capital Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C P Welsh
M Romano





REGISTERED OFFICE: 84 Eccleston Square
London
SW1V 1PX





REGISTERED NUMBER: 14079729 (England and Wales)





AUDITORS: Anderson Barrowcliff Limited
Statutory Auditors
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Conductor Capital Holdings Limited (Registered number: 14079729)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,010,010 1,150,865

CURRENT ASSETS
Debtors 5 1,000 1,000

CREDITORS
Amounts falling due within one year 6 692,587 1,036,772
NET CURRENT LIABILITIES (691,587 ) (1,035,772 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

318,423

115,093

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 317,423 114,093
SHAREHOLDERS' FUNDS 318,423 115,093

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

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 and authorised for issue on 17 September 2024 and were signed on its behalf by:





M Romano - Director


Conductor Capital Holdings Limited (Registered number: 14079729)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Conductor Capital 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.

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

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments
Investments in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Other investments also represent the company's capital account in an LLP of which the company is a partner. This investment is stated at cost plus capital contributions.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Debtors and creditors receivable/payable
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Conductor Capital Holdings Limited (Registered number: 14079729)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS

Shares in
group Other
undertakings investments Totals
£ £ £
COST
At 1 January 2023 10 1,150,855 1,150,865
Reclassification - (140,855 ) (140,855 )
At 31 December 2023 10 1,010,000 1,010,010
NET BOOK VALUE
At 31 December 2023 10 1,010,000 1,010,010
At 31 December 2022 10 1,150,855 1,150,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,000 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 628,787 1,010,010
Social security and other taxes 62,500 26,762
Accrued expenses 1,300 -
692,587 1,036,772

Included in amounts owed to group undertakings is an amount representing a partners' current account of an LLP of which the company is a partner totalling £541,078 (2022 - £Nil).

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Shawcross FCA (Senior Statutory Auditor)
for and on behalf of Anderson Barrowcliff Limited

9. RELATED PARTY DISCLOSURES

During the period the company received profit share from an LLP of which the company is a partner totalling £268,714 (2023 - £140,855).