ACCOUNTS - Final Accounts

SECKLOE 267 LIMITED - Company Information

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Registered number: 05464690

SECKLOE 267 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2019

SECKLOE 267 LIMITED

REGISTERED NUMBER: 05464690

BALANCE SHEET

AS AT 30 SEPTEMBER 2019

		2019		2018
Note		£		£

Fixed assets
Investments	3		84,838		84,838
			84,838		84,838

Creditors: amounts falling due within one year		(1,090)		(1,090)
Net current liabilities			(1,090)		(1,090)
Total assets less current liabilities			83,748		83,748

Net assets			83,748		83,748

Capital and reserves
Called up share capital	4	6,667	6,667
Profit and loss account	5	77,081	77,081
		83,748	83,748

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SECKLOE 267 LIMITED

REGISTERED NUMBER: 05464690

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2019

For the year ended 30 September 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

C D Murray

Director

Date: 25 June 2020

The notes on pages 3 to 4 form part of these financial statements.

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SECKLOE 267 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

1.	General information

Seckloe 267 Limited (the "Company") is a private company limited by shares, registered and incorporated in England and Wales. Company number 05464690. The registered office is Harwood Road, Littlehampton, West Sussex, BN17 7AT.
The principal activity of the company is that of a Holding company.
The functional and presentation currency of the Company is Pounds Sterling as this is the currency of the
primary economic environment in which the Company operates. Monetary amounts in these financial
statements are rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied.:

2.2

Going concern

These financial statements have been prepared on a going concern basis.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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SECKLOE 267 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

2.Accounting policies (continued)

2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 October 2018	84,838
	At 30 September 2019	84,838

4.	Share capital
		2019	2018
		£	£

Authorised, allotted, called up and fully paid

6,667 (2018 - 6,667) Ordinary shares shares of £1.00 each	6,667	6,667

The Company has one class of ordinary shares which carry voting rights but have no right to fixed income.

Reserves

Profit & loss account

This reserve represents the cumulative profits and losses of the Company after the payment of dividends.

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