ACCOUNTS - Final Accounts preparation

SUGGESTUS (UK) LIMITED - Company Information

Registered number: 09914574

SUGGESTUS (UK) LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2016


SUGGESTUS (UK) LIMITED

CONTENTS

	Page
Balance Sheet	1
Notes to the Abbreviated Accounts	2 - 3


SUGGESTUS (UK) LIMITED REGISTERED NUMBER: 09914574

ABBREVIATED BALANCE SHEET

AS AT 30 JUNE 2016


				2016

	Note	£
FIXED ASSETS
Investments	2	1

CURRENT ASSETS
Debtors			99

TOTAL ASSETS LESS CURRENT LIABILITIES

100

CAPITAL AND RESERVES
Called up share capital	3		100

SHAREHOLDERS' FUNDS

100

For the period ended 30 June 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit or loss for the financial period, in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

P Bodman

Director

Date: 1 February 2017

The notes on pages 2 to 3 form part of these financial statements.

Page 1


SUGGESTUS (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
		The company is itself a subsidiary company and is exempt from the requirement to prepare group accounts by virtue of section 400 of the Companies Act 2006. These financial statements therefore present information about the company as an individual undertaking and not about its group.

	1.2	Investments
		Investments held as fixed assets are shown at cost less provision for impairment.

2.FIXED ASSET INVESTMENTS

		£
	Cost or valuation
	At 14 December 2015	-
	Additions	1
	At 30 June 2016	1

	Net book value
	At 30 June 2016	1

Subsidiary undertakings

The following were subsidiary undertakings of the company:

		Name	Class of shares	Holding

Suggestus Inc.

Ordinary

100%

The aggregate of the share capital and reserves as at 30 June 2016 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name	Aggregate of share capital and reserves	Profit/(loss)
	£	£

Suggestus Inc.	(201,036)	(145,329)

Page 2


SUGGESTUS (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2016

3.SHARE CAPITAL

			2016
			£
		Allotted, called up and fully paid

		100 Ordinary shares of £1 each	100

100 Ordinary shares of £1 each were allotted and fully paid on incorporation to provide initial capital.

4.ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The company is a wholly-owned subsidiary of ARC Group Limited, a company registered in Guernsey. The ultimate parent company is Endiang Holdings Inc., a company registered in Canada.
The directors consider Arthur S Labatt to be the ultimate controlling party of the group.

Page 3