Santura Limited - Period Ending 2020-12-31
Santura Limited - Period Ending 2020-12-31
Registration number:
Santura Limited
(Companies House Version)
for the Year Ended 31 December 2020
Santura Limited
Contents
Accountants' Report |
|
Abridged Balance Sheet |
|
Notes to the Abridged Financial Statements |
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Santura Limited
for the Year Ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Santura Limited for the year ended 31 December 2020 as set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Santura Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Santura Limited and state those matters that we have agreed to state to the Board of Directors of Santura Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Santura Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Santura Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Santura Limited. You consider that Santura Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Santura Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Chartered Accountants
7 Gregory Boulevard
Nottingham
NG7 6LB
Santura Limited
(Registration number: 01698378)
Abridged Balance Sheet as at 31 December 2020
Note |
2020 |
2019 |
|||
Fixed assets |
|||||
Investment property |
|
|
|||
Current assets |
|||||
Cash at bank and in hand |
|
|
|||
Creditors: Amounts falling due within one year |
( |
( |
|||
Net current liabilities |
( |
( |
|||
Net liabilities |
( |
( |
|||
Capital and reserves |
|||||
Called up share capital |
|
|
|||
Capital redemption reserve |
|
|
|||
Profit and loss account |
( |
( |
|||
Total equity |
( |
( |
Santura Limited
(Registration number: 01698378)
Abridged Balance Sheet as at 31 December 2020
For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges her 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 to the Registrar in accordance with the provisions applicable to companies subject to the small companies' regime and the directors have not delivered to the Registrar a copy of the company's profit and loss account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the director on
.........................................
Mrs Y A Hopcroft
Director
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Santura Limited
Notes to the Abridged Financial Statements for the Year Ended 31 December 2020
General information |
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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.
Basis of preparation of financial statements
These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.
At the balance sheet date, the company had net current liabilities of £288,489 (2019: £282,865) and net liabilities of £35,668 (2019: £30,044). The accounts have been prepared on a going concern basis due to the continued financial support from the shareholder/director of the company.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Office equipment |
25% straight line |
Investment property
Santura Limited
Notes to the Abridged Financial Statements for the Year Ended 31 December 2020
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
During the year, the average number of employees at the company was
Tangible assets |
Office equipment |
Total |
|
Cost or valuation |
||
At 1 January 2020 |
|
|
At 31 December 2020 |
|
|
Depreciation |
||
At 1 January 2020 |
|
|
At 31 December 2020 |
|
|
Carrying amount |
||
At 31 December 2020 |
- |
- |
Investment properties |
2020 |
|
At 1 January |
|
At 31 December |
|
The fair value of the investment property has been determined with reference to current market value.