Caishen Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10318799 (England and Wales)

Financial Statements

for the Year Ended 31 August 2019

for

CAISHEN INVESTMENTS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Sheriff

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

10318799 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

CURRENT ASSETS

Debtors

71,525

33,525

Investments

434,672

340,001

Cash at bank

9,408

31,623

515,605

405,149

CREDITORS

Amounts falling due within one year

477,558

402,816

NET CURRENT ASSETS

38,047

2,333

TOTAL ASSETS LESS CURRENT LIABILITIES

38,047

2,333

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

37,947

2,233

SHAREHOLDERS' FUNDS

38,047

2,333

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

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

The director acknowledges his 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 Balance Sheet for the year ended 31 August 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 director and authorised for issue on 29 May 2020 and were signed by:

Mr R Sheriff - Director

1.	STATUTORY INFORMATION

Caishen Investments Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.19

31.8.18

value:

£

£

1,000

Ordinary

1p

10

10

9,000

B Ordinary

1p

90

90

100

100

5.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director an amount of £479 (2018: £Nil).

The amount is interest free and repayable on demand.

At the balance sheet date, the company owed an amount of £38,525 (2018: £2,525) to

In-Gage Technologies Limited. Mr R Sheriff is also director of In-Gage Technologies Limited.