Accounts filed on 28-02-2020


ACCOUNTS
FOR THE YEAR ENDED 28/02/2020





DIRECTORS
Mstyslav Skorobogatov


REGISTERED OFFICE
Lower Ground Floor One George Yard
London
EC3V 9DF


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04674241


ACCOUNTS
FOR THEYEARENDED28/02/2020



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 28/02/2020

			2020		2019
	Notes		USD		USD

FIXED ASSETS
Investment Assets	2		4,619,253		4,619,253

CURRENT ASSETS
CREDITORS: Amounts falling due within one year	3	4,617,758		4,617,169
NET CURRENT LIABILITIES			(4,617,758)		(4,617,169)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,495		2,084

CAPITAL AND RESERVES

Called up share capital	5		196		196
Profit and loss account			1,299		4,014
SHAREHOLDERS' FUNDS			1,495		4,210

Difference on accounts			-		(2,126)

For the year ending 28/02/2020 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 22/10/2021 and signed on their behalf by



.............................
Mstyslav Skorobogatov
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




2. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	USD	USD
Cost
At 01/03/2019	4,619,253	4,619,253
At 28/02/2020	4,619,253	4,619,253
Amortisation
Net Book Amounts
At 28/02/2020	4,619,253	4,619,253
At 28/02/2019	4,619,253	4,619,253
The company holds a 24% share of HOTEL COMPLEX LYBID, a company registered in Ukraine. The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year (2017) were respectively: USD 162,041 (2016: NA) and a Loss of USD 30,668 (2016: NA); 24% share of HOTEL COMPLEX RUS, a company registered in Ukraine. The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year (2017) were respectively: NA (2016: NA); 24% share of HOTEL COMPLEX CHEREMOSH, a company registered in Ukraine. The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year (2017) were respectively: NA (2016: NA); 99% share of UNIVERSAL ALLIANCE UKRAINE, a company registered in Ukraine. The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year (2017) were respectively: NA (2016: NA).




3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	USD	USD
Other creditors	4,617,758	4,617,169
	4,617,758	4,617,169




5. SHARE CAPITAL	2020	2019
	USD	USD
Allotted, issued and fully paid:
100 Class 1 shares of £1 each	100	100
	196	196