Cidel Financial Group Ltd - Dormant accounts - members and to registrar (filleted) 20.1

Cidel Financial Group Ltd - Dormant accounts - members and to registrar (filleted) 20.1

CIDEL FINANCIAL GROUP LTD - Company Information

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REGISTERED NUMBER: 04396924 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2019

for

CIDEL FINANCIAL GROUP LTD
Vistra Accounting Services
First Floor, Templeback
10 Temple back
Bristol
BS1 6FL








CIDEL FINANCIAL GROUP LTD (REGISTERED NUMBER: 04396924)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3
CIDEL FINANCIAL GROUP LTD

Company Information
for the Year Ended 31 December 2019







DIRECTOR: Adrian Meyer





REGISTERED OFFICE: Suite 1, 3rd Floor
11-12 St James's Square
London
SW1Y 4LB





REGISTERED NUMBER: 04396924 (England and Wales)
Page 1
CIDEL FINANCIAL GROUP LTD (REGISTERED NUMBER: 04396924)

Balance Sheet
31 December 2019

31/12/19 31/12/18
£    £   
CURRENT ASSETS
Cash in hand 1 1
TOTAL ASSETS LESS CURRENT
LIABILITIES
1
1

CAPITAL AND RESERVES
Called up share capital 1 1
SHAREHOLDERS' FUNDS 1 1

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2019.

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

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 22 July 2020 and were signed by:





Adrian Meyer - Director


The notes form part of these financial statements

Page 2
CIDEL FINANCIAL GROUP LTD (REGISTERED NUMBER: 04396924)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

Cidel Financial Group 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.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial
Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual
provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally
enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle
the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from
suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented
as non-current liabilities. Trade creditors are initially recognised at transaction price.

Going concern
The beneficial owner has confirmed that they will continue to give financial support to the company until such time as it starts to
make profit.

3. EMPLOYEES AND DIRECTORS

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

Page 3