Accounts filed on 31-12-2016


ACCOUNTS
FOR THE YEAR ENDED 31/12/2016





DIRECTORS
Andrew Simon Davis
Nicolas Luis-Philippe B De Caritat De Peruzzis


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 03521156


ACCOUNTS
FOR THEYEARENDED31/12/2016



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 31/12/2016

			2016		2015
	Notes		£		£


CURRENT ASSETS
Debtors	2	55,296		54,631
Cash at bank and in hand		297,757		245,485
		353,053		300,116
CREDITORS: Amounts falling due within one year	3	419,343		415,353
NET CURRENT LIABILITIES			(66,290)		(115,237)
TOTAL ASSETS LESS CURRENT LIABILITIES			(66,290)		(115,237)

CAPITAL AND RESERVES

Called up share capital	5		1		1
Profit and loss account			(66,291)		(115,238)
SHAREHOLDERS' FUNDS			(66,290)		(115,237)

For the year ending 31/12/2016 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 18/08/2017 and signed on their behalf by



.............................
Andrew Simon Davis
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. Foreign Currency
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.




2. DEBTORS	2016	2015
	£	£
Amounts falling due within one year
VAT	665	-
Other debtors	54,631	54,631
	55,296	54,631




3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2016	2015
	£	£
Trade creditors	400,529	400,529
Other creditors	17,314	13,324
Accruals	1,500	1,500
	419,343	415,353




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1




6. CONTROLLING PARTY
The ultimate Parent Company is GDI Holdings SA, a company registered in Luxembourg.