Messina Investments Limited 05/04/2019 iXBRL
Messina Investments Limited 05/04/2019 iXBRL
Company registration number:
04355525
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Secretary |
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Company number |
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Registered office |
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Statement of financial position
5 April 2019
2019 | 2018 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Investments | 4 |
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Current assets | |||||||||
Stocks |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 5 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 6 |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Fair value reserve |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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
18 December 2019
, and are signed on behalf of the board by:
Director
Company registration number:
04355525
Statement of changes in equity
Year ended 5 April 2019
Called up share capital | Fair value reserve | Profit and loss account | Total | ||||
£ | £ | £ | £ | ||||
At 6 April 2017 |
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Profit for the year |
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Total comprehensive income for the year | - | - |
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At 5 April 2018 and 6 April 2018 |
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Profit for the year |
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Other comprehensive income for the year: | |||||||
Fair value movements on investment in subsidiaries |
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Total comprehensive income for the year | - |
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At 5 April 2019 |
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Notes to the financial statements
Year ended 5 April 2019
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Messina Investments Limited, Hamilton House, 14 The Drive, Hove, East Sussex, BN3 3JA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Income
Income is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Financial instruments
4.
Investments
Unlisted investments | Total | ||
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Cost | |||
At 6 April 2018 |
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Additions |
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Provision | (125,000) | (125,000) | |
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At 5 April 2019 |
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Impairment | |||
At 6 April 2018 and 5 April 2019 | - | - | |
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Carrying amount | |||
At 5 April 2019 |
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At 5 April 2018 |
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Holdings of 20% or more | |||||
Registered office | Class of share | Percentage of shares held | |||
Other significant holdings | |||||
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14 The Drive Hove BN3 3JA | Ordinary | 99% | ||
5.
Creditors: amounts falling due within one year
2019 | 2018 | |||
£ | £ | |||
Corporation tax |
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Accruals |
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6.
Creditors: amounts falling due after more than one year
2019 | 2018 | |||
£ | £ | |||
Other creditors |
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7.
Related party transactions
As at the balance sheet date the company owed £1,217,639 (2018 £811,043) to associated companies in which the Directors have beneficial interests.