Societe Cueva Azul Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 01922467 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Societe Cueva Azul Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Alida Andreoli

REGISTERED OFFICE:

1 Kings Avenue

Winchmore Hill

London

UK

N21 3NA

REGISTERED NUMBER:

01922467 (England and Wales)

FIXED ASSETS

Investment property

3

201,461

201,461

CURRENT ASSETS

Cash at bank

-

148

CREDITORS

Amounts falling due within one year

4

54,507

40,467

NET CURRENT LIABILITIES

(54,507

)

(40,319

)

TOTAL ASSETS LESS CURRENT LIABILITIES

146,954

161,142

CREDITORS

Amounts falling due after more than one year

5

784,233

754,513

NET LIABILITIES

(637,279

)

(593,371

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(637,282

)

(593,374

)

SHAREHOLDERS' FUNDS

(637,279

)

(593,371

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 21 June 2018 and were signed by:

Alida Andreoli - Director

1.	STATUTORY INFORMATION

Societe Cueva Azul 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.

Investment property

No depreciation or amortisation is provided in respect of freehold investment properties and leasehold

investment properties with over 20 years to expiry. The Director considers that this accounting policy results in

the financial statements giving a true and fair view. Depreciation or amortisation is only one of many factors

reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately

identified or quantified.

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 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.	INVESTMENT PROPERTY

Total

€

FAIR VALUE

At 1 April 2017

and 31 March 2018

201,461

NET BOOK VALUE

At 31 March 2018

201,461

At 31 March 2017

201,461

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

€

€

Other creditors

51,507

37,467

Accrued expenses

3,000

3,000

54,507

40,467

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

€

€

Shareholders' current accounts

784,233

754,513