Company Registration No. 10704665 (England and Wales)
Green Angel Syndicate 2 Limited
Financial statements
for the year ended 30 June 2021
Green Angel Syndicate 2 Limited
Financial statements
Contents
Green Angel Syndicate 2 Limited
Company Information
for the year ended 30 June 2021
Directors
Nicholas Lyth
Simon Acland
John Hinnigan
Cameron Ross
Christine Chisholm
Caroline Halliday
Company Number
10704665 (England and Wales)
Registered Office
42 Charlwood Road
London
SW15 1PW
Accountants
Rosebery Accountants & Business Advisors
23 Melville Street
Edinburgh
EH3 7PE
Green Angel Syndicate 2 Limited
Statement of financial position
as at
30 June 2021
Investments
15,346
15,346
Cash at bank and in hand
632,634
75,150
Creditors: amounts falling due within one year
(47,228)
(25,018)
Net current assets
624,901
122,557
Net assets
655,270
137,903
Called up share capital
209
168
Share premium
737,935
243,434
Profit and loss account
(82,874)
(105,699)
Shareholders' funds
655,270
137,903
For the year ending 30 June 2021 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.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2021 and were signed on its behalf by
Nicholas Lyth
Director
Company Registration No. 10704665
Green Angel Syndicate 2 Limited
Notes to the Accounts
for the year ended 30 June 2021
Green Angel Syndicate 2 Limited is a private company, limited by shares, registered in England and Wales, registration number 10704665. The registered office is 42 Charlwood Road, London, SW15 1PW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Membership fees are not refundable and therefore fees received at any point in the financial year are included in income in full when received.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. External costs of developing the company's website are capitalised and included in computer equipment.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years straight line
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Charge for the year
2,569
Green Angel Syndicate 2 Limited
Notes to the Accounts
for the year ended 30 June 2021
5
Investments
Other investments
Valuation at 1 July 2020
15,346
Valuation at 30 June 2021
15,346
Unlisted investments are valued at cost.
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
28,989
70,689
Accrued income and prepayments
10,506
1,736
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
9,058
2,263
Taxes and social security
22,111
17,032
Other creditors
1,619
1,972
8
Share capital
2021
2020
Allotted, called up and fully paid:
18,907 Ordinary shares of £0.01 each
189.07
148.32
2,000 Deferred ordinary shares of £0.01 each
20.00
20.00
Shares issued during the period:
4,075 Ordinary shares of £0.01 each
41
9
Average number of employees
During the year the average number of employees was 13 (2020: 9).