CARTEM INVESTMENTS LIMITED
CARTEM INVESTMENTS LIMITED
Registered number: 03468754
Unaudited Financial Statements
For The Year Ended
31 December 2019
CARTEM INVESTMENTS LIMITED
Unaudited Financial Statements
For The Year Ended
31 December 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
CARTEM INVESTMENTS LIMITED
Balance Sheet
As at
31 December 2019
Balance Sheet
Registered number:
03468754
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | € | € | € | € | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 5 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 5,476,614 | 5,476,614 | |||
Page 1
CARTEM INVESTMENTS LIMITED
Balance Sheet (continued)
As at
31 December 2019
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
CARTEM INVESTMENTS LIMITED
Notes to the Financial Statements
For The Year Ended
31 December 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2018: NIL)
3.
Investments
| Listed | Other | Total | |||
|---|---|---|---|---|---|
| € | € | € | |||
| Cost | |||||
| As at
|
5,601,148 | 18,294 | 5,619,442 | ||
| As at
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5,601,148 | 18,294 | 5,619,442 | ||
| Provision | |||||
| As at
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- | - | - | ||
| As at
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- | - | - | ||
| Net Book Value | |||||
| As at
|
5,601,148 | 18,294 | 5,619,442 | ||
| As at
|
5,601,148 | 18,294 | 5,619,442 | ||
Shares in group undertakings represent 60% of ordinary shares capital of Parispack SARL, a company registered in France.
Participating interest represent represent 41% of ordinary shares capital of Eurovetrocap SRL., a company registered in Italy.
4.
Creditors: Amounts Falling Due Within One Year
| 2019 | 2018 | ||
|---|---|---|---|
| € | € | ||
| Other creditors |
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| Accrued expenses |
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5.
Creditors: Amounts Falling Due After More Than One Year
| 2019 | 2018 | ||
|---|---|---|---|
| € | € | ||
| Shareholdr's current account |
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6.
Share Capital
| 2019 | 2018 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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Page 3
CARTEM INVESTMENTS LIMITED
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2019
7.
General Information
CARTEM INVESTMENTS LIMITED
is a private company, limited by shares, incorporated in England & Wales, registered number
03468754
. The registered office is 1 Kings Avenue, Winchmore Hill, London, N21 3NA.
Page 4