SANDS 39 INVESTMENTS LIMITED Filleted accounts for Companies House (small and micro)

SANDS 39 INVESTMENTS LIMITED Filleted accounts for Companies House (small and micro)


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COMPANY REGISTRATION NUMBER: 11829047
SANDS 39 INVESTMENTS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
29 February 2020
SANDS 39 INVESTMENTS LIMITED
FINANCIAL STATEMENTS
PERIOD FROM 15 FEBRUARY 2019 TO 29 FEBRUARY 2020
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
3
SANDS 39 INVESTMENTS LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
Director
Mr J Light
Registered office
Lynton house,
7-12 Tavistock Square
London
WC1H 9BQ
Accountants
BSG Valentine (UK) LLP
Chartered Accountants
Lynton House
7 - 12 Tavistock Square
London
WC1H 9BQ
SANDS 39 INVESTMENTS LIMITED
STATEMENT OF FINANCIAL POSITION
29 February 2020
29 Feb 20
Note
£
£
CURRENT ASSETS
Stocks
637,065
CREDITORS: Amounts falling due within one year
4
( 644,004)
---------
NET CURRENT LIABILITIES
( 6,939)
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 6,939)
-------
NET LIABILITIES
( 6,939)
-------
CAPITAL AND RESERVES
Called up share capital
1,000
Profit and loss account
( 7,939)
-------
SHAREHOLDERS DEFICIT
( 6,939)
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 23 July 2020 , and are signed on behalf of the board by:
Mr J Light
Director
Company registration number: 11829047
SANDS 39 INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 15 FEBRUARY 2019 TO 29 FEBRUARY 2020
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lynton house,, 7-12 Tavistock Square, London, WC1H 9BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Creditors: Amounts falling due within one year
29 Feb 20
£
Other creditors
644,004
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