31/10/2019
2019-10-31
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No description of principal activities is disclosed
2018-11-01
Sage Accounts Production 18.30 - FRS
xbrli:pure
xbrli:shares
iso4217:EUR
10438454
2018-11-01
2019-10-31
10438454
2019-10-31
10438454
2017-11-01
2018-10-31
10438454
2018-10-31
10438454
2017-10-31
10438454
bus:OrdinaryShareClass1
2018-11-01
2019-10-31
10438454
bus:Director2
2018-11-01
2019-10-31
10438454
core:WithinOneYear
2019-10-31
10438454
core:WithinOneYear
2018-10-31
10438454
core:RetainedEarningsAccumulatedLosses
2017-11-01
2018-10-31
10438454
core:RetainedEarningsAccumulatedLosses
2018-11-01
2019-10-31
10438454
core:ShareCapital
2019-10-31
10438454
core:ShareCapital
2018-10-31
10438454
core:RetainedEarningsAccumulatedLosses
2019-10-31
10438454
core:RetainedEarningsAccumulatedLosses
2018-10-31
10438454
core:ShareCapital
2017-10-31
10438454
core:RetainedEarningsAccumulatedLosses
2017-10-31
10438454
bus:OrdinaryShareClass1
core:ShareCapital
2019-10-31
10438454
bus:OrdinaryShareClass1
core:ShareCapital
2018-10-31
10438454
core:CostValuation
core:Non-currentFinancialInstruments
2019-10-31
10438454
core:ImpairmentLossProvisionsForImpairmentInvestments
core:Non-currentFinancialInstruments
2019-10-31
10438454
core:Non-currentFinancialInstruments
core:ProvisionsForImpairmentInvestments
2019-10-31
10438454
core:Non-currentFinancialInstruments
2019-10-31
10438454
core:Non-currentFinancialInstruments
2018-10-31
10438454
bus:SmallEntities
2018-11-01
2019-10-31
10438454
bus:AuditExempt-NoAccountantsReport
2018-11-01
2019-10-31
10438454
bus:FullAccounts
2018-11-01
2019-10-31
10438454
bus:SmallCompaniesRegimeForAccounts
2018-11-01
2019-10-31
10438454
bus:PrivateLimitedCompanyLtd
2018-11-01
2019-10-31
10438454
core:ImmediateParent
2018-11-01
2019-10-31
Company registration number:
10438454
GREENBERG CAPITAL PARTNERS LTD
Unaudited filleted financial statements
31 October 2019
GREENBERG CAPITAL PARTNERS LTD
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
GREENBERG CAPITAL PARTNERS LTD
Statement of financial position
31 October 2019
|
|
|
2019
|
|
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|
2018
|
|
|
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|
Note
|
€
|
|
€
|
|
€
|
|
€
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Investments
|
|
4
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|
|
1
|
|
|
|
3,571
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|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
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|
Debtors
|
|
5
|
-
|
|
|
|
1,128
|
|
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
6
|
(
17,336)
|
|
|
|
(
15,052)
|
|
|
|
|
|
_______
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|
|
|
_______
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|
|
Net current liabilities
|
|
|
|
|
(
17,336)
|
|
|
|
(
13,924)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
(
17,335)
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|
|
|
(
10,353)
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
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|
|
|
_______
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Net liabilities
|
|
|
|
|
(
17,335)
|
|
|
|
(
10,353)
|
|
|
|
|
|
_______
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|
|
|
_______
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|
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|
Capital and reserves
|
|
|
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|
|
|
|
|
|
Called up share capital
|
|
7
|
|
|
1,120
|
|
|
|
1,120
|
Profit and loss account
|
|
|
|
|
(
18,455)
|
|
|
|
(
11,473)
|
|
|
|
|
|
_______
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|
|
|
_______
|
Shareholders deficit
|
|
|
|
|
(
17,335)
|
|
|
|
(
10,353)
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|
|
|
|
|
_______
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|
|
|
_______
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|
For the year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
23 July 2020
, and are signed on behalf of the board by:
Demetra Kannava
Director
Company registration number:
10438454
GREENBERG CAPITAL PARTNERS LTD
Statement of changes in equity
Year ended 31 October 2019
|
|
Called up share capital
|
|
Profit and loss account
|
Total
|
|
|
|
|
|
|
|
€
|
|
€
|
€
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
At 1 November 2017
|
|
1,120
|
|
(
7,729)
|
(
6,609)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss for the year, being
|
|
|
|
|
|
|
|
|
|
|
total comprehensive income for the year
|
|
-
|
|
(
3,744)
|
(
3,744)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
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|
_______
|
_______
|
|
|
|
|
|
At 31 October 2018 and 1 November 2018
|
|
1,120
|
|
(
11,473)
|
(
10,353)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss for the year, being
|
|
|
|
|
|
|
|
|
|
|
total comprehensive income for the year
|
|
-
|
|
(
6,982)
|
(
6,982)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
At 31 October 2019
|
|
1,120
|
|
(
18,455)
|
(
17,335)
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
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|
GREENBERG CAPITAL PARTNERS LTD
Notes to the financial statements
Year ended 31 October 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is NWMS Center, 31 Southampton Row, Office 3.11, 3rd Floor, London, WC1B 5HJ.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in euros, which is the functional currency of the entity and rounded to the nearest euro.
Going concern
The future realisable value and profitability of the company's investment remain highly uncertain. However, the director has reasonable expectation that the company will receive financial support from its shareholders as and when required, providing adequate resources for it to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Investments
Shares in group undertaking
€
Cost
At 1 November 2018 and 31 October 2019
3,571
_______
|
Impairment
Impairment loss
3,570
_______
|
At 1 November 2018 and 31 October 2019
3,570
_______
|
Carrying amount
At 31 October 2019
1
_______
|
At 31 October 2018
3,571
_______
|
5.
Debtors
|
|
|
2019
|
2018
|
|
|
|
€
|
€
|
|
Other debtors
|
|
-
|
1,128
|
|
|
|
_______
|
_______
|
|
|
|
|
|
6.
Creditors: amounts falling due within one year
|
|
|
2019
|
2018
|
|
|
|
€
|
€
|
|
Amount owed to subsidiary undertaking
|
|
3,620
|
3,132
|
|
Other creditors
|
|
13,716
|
11,920
|
|
|
|
_______
|
_______
|
|
|
|
17,336
|
15,052
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Called up share capital
|
|
|
2019
|
|
|
|
2018
|
|
|
|
|
|
No
|
|
€
|
|
No
|
|
€
|
|
Ordinary shares
shares of €
1.12 each
|
|
1,000
|
|
1,120
|
|
1,000
|
|
1,120
|
|
|
|
_______
|
|
_______
|
|
_______
|
|
_______
|
|
|
|
|
|
|
|
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|
The share capital of the company is issued in pound sterling - 1,000 Ordinary shares of £1 each. The called up share capital is stated on the statement of financial position in euros at the rate of exchange prevailing on the date of issue.
8.
Related party transactions
The amount owed to the subsidiary undertaking, Greenberg Properties LLC, at the reporting date was €3,620 (2018 - €3,132).During the year, the shareholders have continued to provide financial support to the company and paid various expenses on its behalf. The amount owed to the shareholders at the reporting date was €10,376 (2018 - €nil).