REGISTERED NUMBER:
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REPORT OF THE DIRECTORS AND |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 AUGUST 2015 |
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SOUTH ATLANTIS INVESTMENTS LIMITED |
REGISTERED NUMBER:
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REPORT OF THE DIRECTORS AND |
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31 AUGUST 2015 |
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FOR |
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SOUTH ATLANTIS INVESTMENTS LIMITED |
SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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Company Information | 1 |
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Report of the Directors | 2 |
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Profit and Loss Account | 3 |
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Balance Sheet | 4 |
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Notes to the Financial Statements | 6 |
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SOUTH ATLANTIS INVESTMENTS LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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REPORT OF THE DIRECTORS |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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The directors present their report with the financial statements of the company for the year ended 31 August 2015. |
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DIRECTORS |
The directors shown below have held office during the whole of the period from 1 September 2014 |
to the date of this report. |
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This report has been prepared in accordance with the provisions of Part 15 of the Companies Act |
2006 relating to small companies. |
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ON BEHALF OF THE BOARD: |
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SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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PROFIT AND LOSS ACCOUNT |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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2015 | 2014 |
Notes | £ | £ |
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TURNOVER |
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OPERATING PROFIT and |
PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION |
2 |
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Tax on profit on ordinary activities | 3 |
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PROFIT FOR THE FINANCIAL YEAR |
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SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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BALANCE SHEET |
31 AUGUST 2015 |
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2015 | 2014 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Other reserves | 8 |
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Profit and loss account | 8 | ( |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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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. |
SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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BALANCE SHEET - continued |
31 AUGUST 2015 |
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The financial statements were approved by the Board of Directors on
signed on its behalf by: |
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SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in |
accordance with the Financial Reporting Standard for Smaller Entities (effective January |
2015). |
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The company was dormant throughout the current year and previous year. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not |
reversed at the balance sheet date. |
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Investments |
Fixed asset investments including shares in subsidiary companies are stated at cost less |
provision for diminution in value. |
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2. | OPERATING PROFIT |
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The operating profit is stated after charging: |
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2015 | 2014 |
£ | £ |
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Directors' remuneration and other benefits etc |
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3. | TAXATION |
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No taxtion liability arises because the company has not traded during the year. |
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SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 September 2014 |
and 31 August 2015 | 2,107,580 |
PROVISIONS |
At 1 September 2014 |
and 31 August 2015 | 2,107,580 |
NET BOOK VALUE |
At 31 August 2015 |
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At 31 August 2014 |
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The company's investments at the Balance Sheet date in the share capital of companies |
include the following: |
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Nature of business:
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Class of shares: | holding |
Ordinary | 99.00 |
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£ | £ |
Aggregate capital and reserves | (247,970 | ) | (213,244 | ) |
Loss for the year | (40,291 | ) | (36,996 | ) |
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Nature of business:
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Class of shares: | holding |
Ordinary | 99.00 |
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£ | £ |
Aggregate capital and reserves | 6,828 | 6,828 |
SOUTH ATLANTIS INVESTMENTS LIMITED (REGISTERED NUMBER: 00104775) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2015 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2015 | 2014 |
£ | £ |
Amounts owed by group undertakings |
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Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2015 | 2014 |
£ | £ |
Other creditors |
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7. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
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Ordinary shares | £1 |
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8. | RESERVES |
Profit and |
loss | Other |
account | reserves | Totals |
£ | £ | £ |
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At 1 September 2014 | ( |
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Profit for the year |
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At 31 August 2015 | ( |
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9. | EMPLOYEES |
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There were no employees during the year apart from the directors. |
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10. | CONTROL |
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Unicampos SA, incorporated in Argentina, is the ultimate parent undertaking. |
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