Glausiusz Consulting Limited - Accounts to registrar - small 17.1

GLAUSIUSZ CONSULTING LIMITED - Company Information

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REGISTERED NUMBER: 07097942 (England and Wales)

GLAUSIUSZ CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company Information

Statement of Financial Position

Notes to the Financial Statements

DIRECTORS:

E Glausiusz

E E Glausiusz

REGISTERED OFFICE:

923 Finchley Road

Golders Green

London

NW11 7PE

REGISTERED NUMBER:

07097942 (England and Wales)

ACCOUNTANTS:

Joseph Kahan Associates LLP

Chartered Accountants

923 Finchley Road

London

NW11 7PE

FIXED ASSETS

Tangible assets

1,152

Investments

116,720

2,380

117,872

2,380

CURRENT ASSETS

Debtors

16,324

Cash at bank

21,392

6,942

21,392

23,266

CREDITORS

Amounts falling due within one year

118,183

25,446

NET CURRENT LIABILITIES

(96,791

)

(2,180

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,081

200

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

20,881

SHAREHOLDERS' FUNDS

21,081

200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 7 June 2017 and were signed on its behalf by:

E Glausiusz - Director

1.	STATUTORY INFORMATION

Glausiusz Consulting Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the net invoiced value of services rendered.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer & Equipment

50% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

& Equipment

COST

At 1 January 2016

7,121

Additions

2,305

At 31 December 2016

9,426

DEPRECIATION

At 1 January 2016

7,121

Charge for year

1,153

At 31 December 2016

8,274

NET BOOK VALUE

At 31 December 2016

1,152

At 31 December 2015

5.	FIXED ASSET INVESTMENTS

Unlisted

investments

COST

At 1 January 2016

2,380

Additions

114,340

At 31 December 2016

116,720

NET BOOK VALUE

At 31 December 2016

116,720

At 31 December 2015

2,380

The company's investments at the Statement of Financial Position date in the share capital of companies include

the following:

ImmoFinRe Capital Partners S.A.

Registered office: Luxembourg

Nature of business: Investment Advisory

Class of shares:

holding

Tracking Shares of Class A - I 5.00

Tracking Shares of Class B - I 40.56

Tracking Shares of Class A - 3 5.00

Tracking Shares of Class B - 3 42.00

The aggregate capital and reserves as at 28 February 2017 was €1,086,505.

ImmoFinRe III S.C.A. SICAV-FIS -ImmoFinRe III Global

Registered office: Luxembourg

Nature of business: Investment Fund

Class of shares:

holding

A shares

0.45

The aggregate capital and reserves as at 31 December 2016 was $133,987.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

Trade debtors

16,324

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

Tax

9,184

2,925

Loan creditors

87,735

Directors' current accounts

20,634

21,891

Accrued expenses

630

118,183

25,446

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

200

Ordinary

£1

200

RESERVES

Retained

earnings

Profit for the year

231,707

Dividends

(210,826

)

At 31 December 2016

20,881

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by E Glausiusz and EE Glausiusz who each hold 50% of the issued share capital.