Britannic Securities & Inv Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00998259 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 22 NOVEMBER 2017

FOR

BRITANNIC SECURITIES & INVESTMENTS

LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Mr R G Sachdev

Mrs P R Sachdev

SECRETARY:

Mr. U Vyas

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

00998259 (England and Wales)

ACCOUNTANTS:

Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Britannic Securities & Investments Limited for the year ended 22 November 2017 which

comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes

from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Britannic Securities & Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Britannic Securities & Investments Limited and state those matters that we have agreed to state to the Board of Directors of Britannic Securities & Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Britannic Securities & Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Britannic Securities & Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Britannic Securities & Investments Limited. You consider that Britannic Securities & Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Britannic Securities & Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

13 August 2018

CURRENT ASSETS

Debtors

3

409,341

409,941

CREDITORS

Amounts falling due within one year

4

600

600

NET CURRENT ASSETS

408,741

409,341

TOTAL ASSETS LESS CURRENT LIABILITIES

408,741

409,341

CREDITORS

Amounts falling due after more than one year

5

618,600

618,600

NET LIABILITIES

(209,859

)

(209,259

)

CAPITAL AND RESERVES

Called up share capital

500,000

500,000

Retained earnings

(709,859

)

(709,259

)

SHAREHOLDERS' FUNDS

(209,859

)

(209,259

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 22 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 22 November 2017 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 13 August 2018 and were signed on its behalf by:

Mr R G Sachdev - Director

1.	STATUTORY INFORMATION

Britannic Securities & Investments 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22/11/17

22/11/16

£

£

Amounts owed by group undertakings

409,341

409,941

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

22/11/17

22/11/16

£

£

Accrued expenses

600

600

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

22/11/17

22/11/16

£

£

Other creditors

618,600

618,600

6.	RELATED PARTY DISCLOSURES

As at year ended 22 November 2017, the company was owed £409,341 (2016 : £409,941) by Britannic Trustees

Limited, the ultimate parent company.

7.	ULTIMATE CONTROLLER

The directors are the ultimate controllers as they hold all the issued share capital of the ultimate parent company.