Charles Simpson Investments Ltd - Accounts to registrar (filleted) - small 18.2

Charles Simpson Investments Ltd - Accounts to registrar (filleted) - small 18.2

CHARLES SIMPSON INVESTMENTS LTD - Company Information

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REGISTERED NUMBER: 07203837 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

CHARLES SIMPSON INVESTMENTS LTD
CHARLES SIMPSON INVESTMENTS LTD (REGISTERED NUMBER: 07203837)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHARLES SIMPSON INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2020







DIRECTORS: J Simpson
J G Simpson
D L Williams





REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG





REGISTERED NUMBER: 07203837 (England and Wales)





ACCOUNTANTS: Civvals Limited
50 Seymour Street
London
W1H 7JG
Page 1
CHARLES SIMPSON INVESTMENTS LTD (REGISTERED NUMBER: 07203837)

BALANCE SHEET
31 DECEMBER 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Investments 4 30,000,000 30,000,000

CURRENT ASSETS
Debtors 5 50,000 50,000
Cash at bank and in hand 3,338 67,856
53,338 117,856
CREDITORS
Amounts falling due within one year 6 169,505 169,505
NET CURRENT LIABILITIES (116,167 ) (51,649 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
29,883,833
29,948,351

CREDITORS
Amounts falling due after more than one
year
7
23,850,830
24,310,830
NET ASSETS 6,033,003 5,637,521

CAPITAL AND RESERVES
Called up share capital 110 110
Capital redemption reserve 8 4,149,170 3,689,170
Retained earnings 8 1,883,723 1,948,241
SHAREHOLDERS' FUNDS 6,033,003 5,637,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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

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CHARLES SIMPSON INVESTMENTS LTD (REGISTERED NUMBER: 07203837)

BALANCE SHEET - continued
31 DECEMBER 2020


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 13 December 2021 and were signed on its behalf by:





J G Simpson - Director


The notes form part of these financial statements

Page 3
CHARLES SIMPSON INVESTMENTS LTD (REGISTERED NUMBER: 07203837)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020


1. STATUTORY INFORMATION

Charles Simpson Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Charles Simpson Investments Ltd 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 in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2020
and 31 December 2020 30,000,000
NET BOOK VALUE
At 31 December 2020 30,000,000
At 31 December 2019 30,000,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Other debtors 50,000 50,000

Page 4 continued...
CHARLES SIMPSON INVESTMENTS LTD (REGISTERED NUMBER: 07203837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Amounts owed to group undertakings 148,700 148,700
Other creditors 20,805 20,805
169,505 169,505

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2020 2019
£    £   
Other creditors 23,850,830 24,310,830

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 23,850,830 24,310,830

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2020 1,948,241 3,689,170 5,637,411
Profit for the year 459,982 459,982
Dividends (64,500 ) (64,500 )
Transfer to capital redemption
reserve (460,000 ) 460,000 -
At 31 December 2020 1,883,723 4,149,170 6,032,893

9. RELATED PARTY TRANSACTIONS

During the year, total dividends of £64,500 (2019 - £94,985) were paid to the directors .

Page 5