Charles Simpson Investments Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07203837 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

CHARLES SIMPSON INVESTMENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Simpson

REGISTERED OFFICE:

50 Seymour Street

London

W1H 7JG

REGISTERED NUMBER:

07203837 (England and Wales)

ACCOUNTANTS:

Civvals Limited

50 Seymour Street

London

W1H 7JG

FIXED ASSETS

Investments

2

30,000,000

CURRENT ASSETS

Cash at bank and in hand

135,111

149,150

CREDITORS

Amounts falling due within one year

91,520

105,458

NET CURRENT ASSETS

43,591

43,692

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,043,591

30,043,692

CREDITORS

Amounts falling due after more than one
year

3

26,518,830

27,070,830

NET ASSETS

3,524,761

2,972,862

CAPITAL AND RESERVES

Called up share capital

4

110

Capital redemption reserve

1,481,170

929,170

Profit and loss account

2,043,481

2,043,582

SHAREHOLDERS' FUNDS

3,524,761

2,972,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 August 2016 and were signed by:

J Simpson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

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 has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

30,000,000

NET BOOK VALUE

At 31 December 2015

30,000,000

At 31 December 2014

30,000,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Charles Simpson Organisation Ltd

Country of incorporation: England

Nature of business: Mobile home park operators

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

Aggregate capital and reserves

13,643,818

13,418,563

Profit for the year

777,255

690,055

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable otherwise than by instalments

26,518,830

27,070,830

Details of shares shown as liabilities are as follows:

The redeemable preference shares consist of 28,000,000 shares of £1 each. The minimum and maximum

entitlement redeemable in any one calendar year is £10,000 and £2,000,000 respectively.

During the year, the company redeemed preference shares to the value of £552,000 (2014: £552,000).

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

110

Ordinary

£1

110

5.	RELATED PARTY DISCLOSURES

Mr J Simpson, a director of the company, holds 100% of the redeemable preference shares of the company. Mr J

Simpson is also a trustee and shareholder in the Simpson Family Settlement, the ultimate controlling party of the

company.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Simpson Family Settlement by virtue of holding 90.91% of the ordinary

shares of the company.