Carisbrooke Investments General Partner - Dormant accounts - members and to registrar (filleted) 22.3
Carisbrooke Investments General Partner - Dormant accounts - members and to registrar (filleted) 22.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 |
FOR |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED (REGISTERED NUMBER: 03818306) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2022 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED (REGISTERED NUMBER: 03818306) |
BALANCE SHEET |
31 MARCH 2022 |
2022 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 6 |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED (REGISTERED NUMBER: 03818306) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2022 |
1. | STATUTORY INFORMATION |
Carisbrooke Investments General Partner Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
These financial statements cover the entity as an individual company. |
The figures in the financial statements are rounded to the nearest £. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The entity is part of a group of entities ('group companies'), that are subject to common control by virtue of the common key management team and common beneficial ownership (the latter being referred to as 'ultimate beneficiaries'), which includes, but is not limited to, Carisbrooke Investments Limited Partnership, Carisbrooke Investments General Partner Limited and Carisbrooke Arkle Limited Liability Partnership. The overall indebtedness of these entities and the cross guarantees entered into by them mean that in effect this entity is a going concern only if all the entities under common control are a going concern, given that the recoverability of the debtors of this entity, and hence the ability of the entity to settle its debts as they fall due, relies upon the financial performance of these entities under common control. The loan is in default, is therefore repayable on demand at the option of the lender, and is secured on the assets to which it relates. |
The financial statements of the entity and of the group companies have not been prepared on a going concern basis. This is on the basis that funds generated from the operations of the entities are, in principle, due to the bank in full as a consequence of the loans being in default and repayable on demand at the option of the lender. At present the bank is permitting the directors to utilise an appropriate proportion of these funds to meet the day to day obligations of the group. However the Directors and/or General Partners of the group companies are of the opinion that they cannot conclude with reasonable certainty that the bank will continue to do so for the foreseeable future, nor that the funds made available in such a way can meet the obligations of the group companies as and when they fall due. Accordingly these financial statements are drawn up on a break up basis. Appropriate adjustments have been made to the carrying values of assets and liabilities to reflect this basis of preparation. |
Preparation of consolidated financial statements |
The financial statements contain information about Carisbrooke Investments General Partner Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments |
Investments are stated at cost less provision for impairment. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
CARISBROOKE INVESTMENTS GENERAL PARTNER |
LIMITED (REGISTERED NUMBER: 03818306) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2022 |
5. | FIXED ASSET INVESTMENTS |
Investments (neither listed nor unlisted) were as follows: |
2022 | 2021 |
£ | £ |
Capital contribution | 10 | 10 |
Amount written off investment | (10 | ) | (10 | ) |
- | - |
The company holds a minority interest in Carisbrooke Investments Limited Partnership, an investment partnership, who's registered office is Capstone House, Prospect Park, Dunston Way, Chesterfield, S41 9RD. The director is of the opinion that this investment continues to have no value. |
The partnership is a subsidiary undertaking due to the management role performed by Carisbrooke Investments General Partner Limited. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Amounts owed to participating interests | 150,000 | 150,000 |
Other creditors |
8. | CONTINGENT LIABILITIES |
The company, along with Carisbrooke Arkle LLP are guarantors to a bank facility provided to Carisbrooke Investments Limited Partnership ('CILP'). |
9. | RELATED PARTY DISCLOSURES |
At the year end, £150,000 was due to the company from Carisbrooke Investments Limited Partnership, a related party, however this advance continues to be deemed irrecoverable and therefore remains fully provided for. |