Sensations Holdings Limited - Accounts to registrar (filleted) - small 18.2

Sensations Holdings Limited - Accounts to registrar (filleted) - small 18.2

SENSATIONS HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 03433088















Financial Statements for the Year Ended 31 January 2022

for

Sensations Holdings Limited
Newmans
Chartered Certified Accountants
DVS House
Suite 1, First Floor
4 Spring Villa Road
Edgware
Middlesex
HA8 7EB








Sensations Holdings Limited (Registered number: 03433088)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sensations Holdings Limited

Company Information
for the Year Ended 31 January 2022







DIRECTORS: J C Smith
Ms C M E Smith





REGISTERED OFFICE: DVS House
Suite 1, First Floor
4 Spring Villa Road
Edgware
Middlesex
HA8 7EB





REGISTERED NUMBER: 03433088





ACCOUNTANTS: Newmans
Chartered Certified Accountants
DVS House
Suite 1, First Floor
4 Spring Villa Road
Edgware
Middlesex
HA8 7EB
Page 1
Sensations Holdings Limited (Registered number: 03433088)

Balance Sheet
31 January 2022

31.1.22 31.1.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investments 5 1,560,000 1,384,000
1,560,001 1,384,001

CURRENT ASSETS
Debtors 6 164,906 167,219
Cash at bank 61,629 30,144
226,535 197,363
CREDITORS
Amounts falling due within one year 7 92,521 76,116
NET CURRENT ASSETS 134,014 121,247
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,694,015
1,505,248

CREDITORS
Amounts falling due after more than one year 8 170,728 179,552
NET ASSETS 1,523,287 1,325,696

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 9 1,460,000 1,284,000
Retained earnings 9 62,287 40,696
SHAREHOLDERS' FUNDS 1,523,287 1,325,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
Sensations Holdings Limited (Registered number: 03433088)

Balance Sheet - continued
31 January 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2022 and were signed on its behalf by:





J C Smith - Director


The notes form part of these financial statements

Page 3
Sensations Holdings Limited (Registered number: 03433088)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

Sensations Holdings Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Page 4 continued...
Sensations Holdings Limited (Registered number: 03433088)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2021
and 31 January 2022 1,763
DEPRECIATION
At 1 February 2021
and 31 January 2022 1,762
NET BOOK VALUE
At 31 January 2022 1
At 31 January 2021 1

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.1.22 31.1.21
£    £   
Opening market value 676,862 676,862
Revaluation 883,138 707,138
1,560,000 1,384,000

The fixed asset investments represents 1 Golden Eagle Bond. Each bond holds 1000 U.S. Gold Coins.

The bond is held to the order of the company by its bankers Coutts & Co.

The bonds are revalued at market value by the current prices stated on the Gold Bullion Market.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.22 31.1.21
£    £   
Trade debtors 164,906 167,219

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.22 31.1.21
£    £   
Bank loans and overdrafts 47,250 50,000
Amounts owed to associates 37,770 19,100
Taxation and social security 5,065 4,622
Other creditors 2,436 2,394
92,521 76,116

Page 5 continued...
Sensations Holdings Limited (Registered number: 03433088)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.22 31.1.21
£    £   
Other creditors 170,728 179,552

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 February 2021 40,696 1,284,000 1,324,696
Profit for the year 21,591 21,591
Revaluation during the year - 176,000 176,000
At 31 January 2022 62,287 1,460,000 1,522,287

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the director Mr J C Smith by virtue of his majority shareholding.

Page 6