Suisse Property Holdings Limited - Accounts to registrar (filleted) - small 18.2

Suisse Property Holdings Limited - Accounts to registrar (filleted) - small 18.2

SUISSE PROPERTY HOLDINGS LIMITED - Company Information

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SUISSE PROPERTY HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH SEPTEMBER 2019





SUISSE PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 05535493)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 5

SUISSE PROPERTY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2019







DIRECTORS: R I Parrott
S C Lousada



SECRETARY: S A Hunt



REGISTERED OFFICE: The Estate Office
Oakley House
Oakley
Bedfordshire
MK43 7ST



REGISTERED NUMBER: 05535493 (England and Wales)



ACCOUNTANTS: Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN



SOLICITORS: Howes Percival LLP
Oxford House
Cliftonville
Northampton
Northamptonshire
NN1 5PN
Page 1
SUISSE PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 05535493)

BALANCE SHEET
30TH SEPTEMBER 2019

30/9/19 30/9/18
Notes £    £   
CURRENT ASSETS
Stocks 300,012 274,000
Debtors 4 126,663 513,870
Cash at bank 289,944 32,479
716,619 820,349
CREDITORS
Amounts falling due within one year 5 241,040 181,031
NET CURRENT ASSETS 475,579 639,318
TOTAL ASSETS LESS CURRENT
LIABILITIES
475,579
639,318

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Retained earnings 463,579 627,318
SHAREHOLDERS' FUNDS 475,579 639,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2020 and
were signed on its behalf by:



S C Lousada - Director


The notes form part of these financial statements

Page 2
SUISSE PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 05535493)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2019

1. STATUTORY INFORMATION

Suisse Property Holdings 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the
nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents rents and recharges receivable from tenants of investment properties, stated net of value added
tax. Turnover also includes sale proceeds of stocks.

Investment property
Property held for investment purposes is not depreciated as required by Schedule 4 to the Companies Act 2006. In
accordance with Section 16 of FRS 102 1A, investment property is revalued to its fair value at the balance sheet
date, with any surplus or deficit on revaluation being measured through the profit and loss account. This treatment
constitutes an override of the Companies Act requirement to depreciate fixed assets and is necessary to give a true
and fair view.

Stocks
Within stock is the value of work in progress completed to date on sites being developed for resale.

This is valued at the lower of directly attributable costs or fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


Page 3 continued...
SUISSE PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 05535493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2019

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/19 30/9/18
£    £   
Trade debtors 16,772 59,792
Doubtful debt provision - (16,119 )
Other debtors - 334,371
VAT 75,226 132,884
Prepayments & accrued income 34,665 2,942
126,663 513,870

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/19 30/9/18
£    £   
Trade creditors 2,139 39,522
Amounts owed to group undertakings 179,221 14,715
Corporation tax - 12,647
Directors' current accounts - 56,266
Accruals and deferred income 59,680 57,881
241,040 181,031

6. ULTIMATE CONTROLLING PARTY

The directors consider that there was no ultimate controlling party during the financial period.

Page 4
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SUISSE PROPERTY HOLDINGS LIMITED

The following reproduces the text of the report prepared for the directors 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 Statement of Comprehensive Income and certain other primary
statements and the Report of the Directors 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 Suisse Property Holdings Limited for the year ended 30th September 2019 which comprise the Statement of
Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Board of Directors of Suisse Property Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Suisse Property Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Suisse Property Holdings Limited, as a body, 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 Suisse Property Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Suisse Property Holdings 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 loss of Suisse Property Holdings Limited. You consider that Suisse Property Holdings 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 Suisse Property Holdings 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.






Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN


25th September 2020

This page does not form part of the statutory financial statements

Page 5