Gold Compass Developments Company Limited

Mr J. Kol-Bar Mrs M. Kol-Bar Mr O. Shubniakov Mr A. Vybornyi

09424847 (England and Wales)

103 High Street Waltham Cross Hertfordshire EN8 7AN

Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gold Compass Developments Company Limited for the year ended 28 February 2018 as set out on pages 5 - 6 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Gold Compass Developments Company Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Gold Compass Developments Company Limited and state those matters that we have agreed to state to the Board of Directors of Gold Compass Developments Company Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gold Compass Developments Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Gold Compass Developments Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Gold Compass Developments Company Limited. You consider that Gold Compass Developments Company 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 accounts of Gold Compass Developments Company 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 accounts.

Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross Herts. EN8 7AN 29 October 2018

Debtors

169,761 

- 

Cash at bank and in hand

47,243 

50,834 

(186,845)

(37,694)

Called up share capital

200 

200 

Profit and loss account

29,959 

12,940 

For the year ending 28 February 2018 the company was entitled to exemption from audit 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.

Approved by the Board on 29 October 2018.

Mr J. Kol-Bar Director Company Registration No. 09424847

Gold Compass Developments Company Limited is a private company, limited by shares, registered in England and Wales, registration number 09424847. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Trade debtors

Trade creditors

179,527 

5,505 

Taxes and social security

6,492 

11,365 

Other creditors

6 

6 

Accruals

820 

20,818 

Allotted, called up and fully paid:

200 Ordinary shares of £1 each

During the year the average number of employees was 0 (2017: 0).