Sephton Associates Limited - Period Ending 2021-03-31

Sephton Associates Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Sephton Associates Limited

Company Information

Director

Mr C R F Kemp

Company secretary

Mrs R B Kemp

Registered office

Towngate House 2-8 Parkstone Road Poole Dorset BH15 2PW

Accountants

PKF Francis Clark Chartered Accountants Towngate House 2-8 Parkstone Road Poole Dorset BH15 2PW

Sephton Associates Limited

Balance Sheet

31 March 2021

	Note	2021 £	2020 £
Fixed assets
Investments	4	100	100
Capital and reserves
Called up share capital		100	100
Shareholders' funds		100	100

For the financial year ending 31 March 2021 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 24 June 2021
 

........................................................................... Mr C R F Kemp Director

Company Registration Number: 07824301

Sephton Associates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW

These financial statements were authorised for issue by the director on 24 June 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

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 Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements have been prepared in British pound sterling and have been rounded to
the nearest whole pound.

Investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Investments

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

 

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2020 - 0).

Sephton Associates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2021

4	Investments

	£
Cost or valuation
At 1 April 2020	100
Provision
Carrying amount
At 31 March 2021	100
At 31 March 2020	100

The company is a member of Sephton Capital LLP, a financial management firm. The amount shown above represents capital retained by the LLP.