Glausiusz Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07097942 (England and Wales)

GLAUSIUSZ CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2019

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

E Glausiusz

E E Glausiusz

REGISTERED OFFICE:

923 Finchley Road

Golders Green

London

NW11 7PE

REGISTERED NUMBER:

07097942 (England and Wales)

ACCOUNTANTS:

Joseph Kahan Associates LLP

Chartered Accountants

923 Finchley Road

London

NW11 7PE

FIXED ASSETS

Tangible assets

4

248

1,244

Investments

5

241,396

219,795

241,644

221,039

CURRENT ASSETS

Cash at bank

17,015

12,452

CREDITORS

Amounts falling due within one year

212,297

191,852

NET CURRENT LIABILITIES

(195,282

)

(179,400

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,362

41,639

CAPITAL AND RESERVES

Called up share capital

6

200

200

Retained earnings

46,162

41,439

SHAREHOLDERS' FUNDS

46,362

41,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2019 in accordance with Section 476 of the Companies Act 2006.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31st December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 13th May 2020 and were signed on its behalf by:

E Glausiusz - Director

1.	STATUTORY INFORMATION

Glausiusz Consulting 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.

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.

Turnover

Turnover represents the net invoiced value of services rendered.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer & Equipment

-

50% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it

relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial

position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which

they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or

substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2019

14,564

Additions

496

At 31st December 2019

15,060

DEPRECIATION

At 1st January 2019

13,320

Charge for year

1,492

At 31st December 2019

14,812

NET BOOK VALUE

At 31st December 2019

248

At 31st December 2018

1,244

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st January 2019

219,795

Additions

21,601

At 31st December 2019

241,396

NET BOOK VALUE

At 31st December 2019

241,396

At 31st December 2018

219,795

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

ImmoFinRe Capital Partners S.A.

Registered office: Luxembourg

Nature of business: Investment Advisory

%

Class of shares:

holding

Tracking Shares of Class A - I 5.00

Tracking Shares of Class B - I 34.03

Tracking Shares of Class A - 3 5.00

Tracking Shares of Class B - 3 37.26

The aggregate capital and reserves as at 29 February 2020 was €1,047,593.

ImmoFinRe III S.C.A. SICAV-FIS -ImmoFinRe III Global

Registered office: Luxembourg

Nature of business: Investment Fund

%

Class of shares:

holding

A shares

0.37

The aggregate capital and reserves as at 31 December 2019 was $95,854,050.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

200

Ordinary

£1

200

200

7.	ULTIMATE CONTROLLING PARTY