REGISTERED NUMBER: |
Etherington Watson Holdings Ltd |
Unaudited Financial Statements |
for the period |
18 March 2024 to 30 November 2024 |
REGISTERED NUMBER: |
Etherington Watson Holdings Ltd |
Unaudited Financial Statements |
for the period |
18 March 2024 to 30 November 2024 |
Etherington Watson Holdings Ltd (Registered number: 15573957) |
Contents of the Financial Statements |
for the period 18 March 2024 to 30 November 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Etherington Watson Holdings Ltd |
Company Information |
for the period 18 March 2024 to 30 November 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Etherington Watson Holdings Ltd (Registered number: 15573957) |
Balance Sheet |
30 November 2024 |
Notes | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 6 |
Retained earnings |
Shareholders' funds |
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 were approved by the Board of Directors and authorised for issue on |
Etherington Watson Holdings Ltd (Registered number: 15573957) |
Notes to the Financial Statements |
for the period 18 March 2024 to 30 November 2024 |
1. | Statutory information |
Etherington Watson Holdings Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Going concern |
The financial statements have been prepared on a going concern basis and they do not include any adjustments which may be necessary should the going concern basis of accounting no longer be appropriate. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Financial instruments |
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. |
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
Basic financial statements |
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. |
Classification of financial liabilities |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
Basic financial liabilities |
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. |
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
Equity Instruments |
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. |
3. | Employees and directors |
The average number of employees during the period was |
Etherington Watson Holdings Ltd (Registered number: 15573957) |
Notes to the Financial Statements - continued |
for the period 18 March 2024 to 30 November 2024 |
4. | Fixed asset investments |
Shares in |
group |
undertakings |
£ |
Cost |
Additions |
At 30 November 2024 |
Net book value |
At 30 November 2024 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: 250 Fowler Avenue, Farnborough, Hampshire, GU14 7JP |
Nature of business: |
% |
Class of shares: | holding |
5. | Creditors: amounts falling due within one year |
£ |
Amounts owed to group undertakings |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 50 |
Ordinary B | £1 | 50 |
100 |
The following shares were allotted and fully paid for cash at par during the period: |
50 Ordinary A shares of £1 each |
50 Ordinary B shares of £1 each |