Selectapension (2013) Limited - Accounts to registrar (filleted) - small 18.2

Selectapension (2013) Limited - Accounts to registrar (filleted) - small 18.2

SELECTAPENSION (2013) LIMITED - Company Information

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REGISTERED NUMBER: 08607953 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

SELECTAPENSION (2013) LIMITED
SELECTAPENSION (2013) LIMITED (REGISTERED NUMBER: 08607953)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SELECTAPENSION (2013) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2020







DIRECTOR: A McCabe





REGISTERED OFFICE: Selectapension House
Eridge Road
Crowborough
East Sussex
TN6 2SL





REGISTERED NUMBER: 08607953 (England and Wales)





ACCOUNTANTS: Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA
Page 1
SELECTAPENSION (2013) LIMITED (REGISTERED NUMBER: 08607953)

BALANCE SHEET
31 MARCH 2020

31/3/20 31/3/19
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,961,127 1,961,127

CURRENT ASSETS
Debtors 5 376 -
Cash at bank 5,132 15,639
5,508 15,639
CREDITORS
Amounts falling due within one year 6 1,530 1,500
NET CURRENT ASSETS 3,978 14,139
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,965,105
1,975,266

CAPITAL AND RESERVES
Called up share capital 372 427
Capital redemption reserve 7 110 55
Retained earnings 7 1,964,623 1,974,784
SHAREHOLDERS' FUNDS 1,965,105 1,975,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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.

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 11 June 2020 and were signed by:




A McCabe - Director


The notes form part of these financial statements

Page 2
SELECTAPENSION (2013) LIMITED (REGISTERED NUMBER: 08607953)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020


1. STATUTORY INFORMATION

Selectapension (2013) 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.

Preparation of consolidated financial statements
The financial statements contain information about Selectapension (2013) Limited as an individual company
and do not contain consolidated financial information as the parent of a group. The company is exempt under
Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial
statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet 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 NIL (2019 - NIL).

Page 3 continued...
SELECTAPENSION (2013) LIMITED (REGISTERED NUMBER: 08607953)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2020


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2019
and 31 March 2020 1,961,127
NET BOOK VALUE
At 31 March 2020 1,961,127
At 31 March 2019 1,961,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/20 31/3/19
£    £   
Amounts owed by group undertakings 376 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/20 31/3/19
£    £   
Other creditors 1,530 1,500

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2019 1,974,784 55 1,974,839
Profit for the year 1,824,239 - 1,824,239
Dividends (950,000 ) - (950,000 )
Purchase of own shares (55 ) 55 -
Premium on own share purchase (884,345 ) - (884,345 )
At 31 March 2020 1,964,623 110 1,964,733

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, a total of £586,393 (2019 - £383,562) was paid to the directors as dividends.

9. POST BALANCE SHEET EVENTS

Subsequent to the end of the accounting period, the company has declared and paid a further dividend totalling
£250,000.

10. ULTIMATE CONTROLLING PARTY

The controlling party is A McCabe.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SELECTAPENSION (2013) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to
file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements
and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Selectapension (2013) Limited for the year ended 31 March 2020 which comprise the Income
Statement, Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Selectapension (2013) Limited in accordance with the terms of our engagement letter dated 30 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Selectapension (2013) Limited and state those matters that we have agreed to state to the director of Selectapension (2013) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Selectapension (2013) Limited and its director for our work or for this report.

It is your duty to ensure that Selectapension (2013) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Selectapension (2013) Limited. You consider that Selectapension (2013) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Selectapension (2013) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA


19 June 2020

This page does not form part of the statutory financial statements

Page 5