ACCOUNTS - Final Accounts

VORTEX INVESTMENTS LIMITED - Company Information

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Registered number: SC334727

VORTEX INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

VORTEX INVESTMENTS LIMITED

REGISTERED NUMBER: SC334727

BALANCE SHEET

AS AT 31 DECEMBER 2020

	2020	2019
Note	£	£

Fixed assets
Investments	3	445,449	445,449
Net assets		445,449	445,449

Capital and reserves
Called up share capital	4	445,449	445,449
		445,449	445,449

For the year ended 31 December 2020 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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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:

P A Moodie

Director

Date: 19 May 2021

The notes on page 2 form part of these financial statements.

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VORTEX INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

1.	General information

Vortex Investments Limited is a private company, limited by share capital and incorporated in Scotland.
The Company's registered office is C/O Neill, Clerk & Murray, 3 Ardgowan Square, Greenock, PA16 8NW.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2020	445,449
	At 31 December 2020	445,449

4.	Share capital
		2020	2019
		£	£

Allotted, called up and fully paid

1,781,796 (2019 - 1,781,796) Ordinary shares of £0.25 each	445,449	445,449

5.	Controlling party

The Company is controlled by P A Moodie and related family trusts.

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