Accounts filed on 31-12-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/12/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 03138087


Registered Number: 03138087

BALANCE SHEET AT 31/12/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Investments	5		232,957		217,175

CURRENT ASSETS
CREDITORS: Amounts falling due within one year		347,231		337,198
NET CURRENT LIABILITIES			(347,231)		(337,198)
TOTAL ASSETS LESS CURRENT LIABILITIES			(114,274)		(120,023)

CAPITAL AND RESERVES

Called up share capital	3		1,000		1,000
Profit and loss account			(115,274)		(121,023)
SHAREHOLDERS' FUNDS			(114,274)		(120,023)

For the year ending 31/12/2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 27/09/2016 and signed on their behalf by




Jason Hughes
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




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




5. INVESTMENT FIXED ASSETS

	Shares in group companies
	and participating interests	Loans	Total
	£	£	£
Cost
At 01/01/2015	58,186	158,989	217,175
Additions	-	15,782	15,782
At 31/12/2015	58,186	174,771	232,957
Amortisation
Net Book Amounts
At 31/12/2015	58,186	174,771	232,957
At 31/12/2014	58,186	158,989	217,175
The company holds the 99.995% of the ordinary share capital of Sicor Stl, a company registered in Italy.The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year were respectively € 111,049 (2012: € 104,395) and € 6,654 (2012: € 378).




3. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000




4. RELATED PARTY TRANSACTIONS
The following balances existed with the related parties at 31 December 2013:
a) Loan from shareholders: -£325,232 (2012: -£311,695);
b) Equity finance to Sicor Srl: £158,989 (2010: £158,989).




5. INVESTMENTASSETS
The company holds the 99.995% of the ordinary share capital of Sicor Stl, a company registered in Italy.The aggregate amount of capital and reserves and the result of this undertaking for the last relevant financial year were respectively € 111,049 (2012: € 104,395) and € 6,654 (2012: € 378).




6. CONTROLLING PARTY
The directors are aware of the identity of the ultimate controlling party. However, they are under a duty of confidentiality that prevents them from disclosing certain information otherwise required by Financial Reporting Standard 8. Therefore they have taken the exemption offered by the Standard in respect of confidentiality.