Contents of the Financial Statements

for the Period Ended 30 June 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 June 2021

The directors present their report with the financial statements of the company for the period ended 30 June 2021

Directors

The directors shown below have held office during the whole of the period from
1 July 2020 to 30 June 2021

K Walsh
J Arnold
A Maselli

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 June 2022

And signed on behalf of the board by:
Name: K Walsh
Status: Director

Profit And Loss Account

for the Period Ended 30 June 2021

	2021	2020
	£	£
Administrative expenses:	62,775	( 88,160 )
Operating profit(or loss):	62,775	(88,160)
Interest payable and similar charges:	( 228,404 )	( 229,030 )
Profit(or loss) before tax:	(165,629)	(317,190)
Profit(or loss) for the financial year:	(165,629)	(317,190)

Balance sheet

As at 30 June 2021

	Notes	2021	2020
		£	£
Current assets
Investments:	3	15,251,168	15,188,393
Total current assets:		15,251,168	15,188,393
Net current assets (liabilities):		15,251,168	15,188,393
Total assets less current liabilities:		15,251,168	15,188,393
Creditors: amounts falling due after more than one year:	4	( 13,660,338 )	( 13,431,934 )
Total net assets (liabilities):		1,590,830	1,756,459
Capital and reserves
Called up share capital:		533,379	533,379
Share premium account:		291,589	291,589
Other reserves:		7,756,749	7,756,749
Profit and loss account:		(6,990,887 )	(6,825,258 )
Total Shareholders' funds:		1,590,830	1,756,459

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 June 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Other accounting policies

  Basis of preparation of financial statementsGoing ConcernFinancial reporting standard 101 - reduced disclosure exemptionsConsolidationFinancial instrumentsInvestment in subsidiariesFinance costsImpairment of assetsCurrent and deferred taxationEquity and reserves

Notes to the Financial Statements

for the Period Ended 30 June 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	0	0