Situ Estates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04823582 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

SITU ESTATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J G W Hammond

REGISTERED OFFICE:

5 Design Centre East

Chelsea Harbour

London

SW10 0XF

REGISTERED NUMBER:

04823582 (England and Wales)

ACCOUNTANTS:

Acuity Professional (Sellens French) LLP

91-97 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

FIXED ASSETS

Investments

3

815,274

815,274

CREDITORS

Amounts falling due within one year

4

815,174

815,174

NET CURRENT LIABILITIES

(815,174

)

(815,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

100

CAPITAL AND RESERVES

Called up share capital

5

100

100

SHAREHOLDERS' FUNDS

100

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 20 December 2018 and were signed by:

Mr J G W Hammond - Director

1.	STATUTORY INFORMATION

Situ Estates 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.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 May 2017

and 30 April 2018

815,274

Net book value

At 30 April 2018

815,274

At 30 April 2017

815,274

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

815,174

815,174

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

6.

RESERVES

Retained

earnings

£

Profit for the year

150,000

Dividends

(150,000

)

At 30 April 2018

-

7.	RELATED PARTY DISCLOSURES

At balance sheet date, there was an amount due to Situ Ventures Limited of £815,174 (2017: £815,174). This is an

interest free advance to the company and does not have a fixed date of repayment.

8.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Situ Ventures Limited a company registered in England and Wales.