Registration number:
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Industrial Investors Holdings (UK) Limited
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Industrial Investors Holdings (UK) Limited
Contents
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Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Industrial Investors Holdings (UK) Limited
Company Information
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Director |
J M McDonald |
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Registered office |
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Accountants |
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Industrial Investors Holdings (UK) Limited
Statement of Financial Position as at 31 December 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
2 |
2 |
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Share premium reserve |
274,892 |
274,892 |
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Shareholders' funds |
274,894 |
274,894 |
For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
The company has not traded during the current or prior years and has made neither a profit nor a loss.
Approved and authorised by the
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J M McDonald
Director
Company registration number: 05692036
Industrial Investors Holdings (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
The principal activity of the company during the year was that of a holding company.
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Accounting policies |
Statement of compliance
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' Section 1A and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention and are presented in sterling, which is the functional currency of the entity.
Group accounts not prepared
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group. Therefore the accounts show information about the company as an individual entity.
Going concern
The company had net assets at 31 December 2024 of £274,894.
The director has considered the current economic uncertainty and the director's view is that the impact will be manageable.
In addition, the company's subsidiary had net assets at the year end of £54,918 including cash at bank of £61,411 and has continued to trade profitably since the year end. As the company is non-trading, with the resources that the company has, the director believes that the company has sufficient resources to continue to meet its liabilities as they fall due.
On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing the financial statements.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Industrial Investors Holdings (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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Staff numbers |
The average number of persons employed by the company during the year, was
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Investments |
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Investments in subsidiaries |
£ |
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Cost |
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At 1 January 2024 and 31 December 2024 |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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Debtors |
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2024 |
2023 |
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Other debtors |
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Creditors |
Creditors: amounts falling due after more than one year
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2024 |
2023 |
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Due after one year |
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Amounts owed to group undertakings |
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Dividends |
During the year ended 31 December 2024, dividends of £Nil (2023: £688,419) were declared and paid.