|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 December 2018 |
|
for |
|
Banita Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 31 December 2018 |
|
for |
|
Banita Limited |
Banita Limited (Registered number: 04577581) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 December 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Banita Limited |
|
Company Information |
for the Year Ended 31 December 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
3rd Floor, Fairgate House |
78 New Oxford Street |
London |
WC1A 1HB |
Banita Limited (Registered number: 04577581) |
|
Balance Sheet |
31 December 2018 |
|
31.12.18 | 31.12.17 |
as restated |
Notes | £ | £ |
FIXED ASSETS |
Investments | 3 |
|
|
|
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
5 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings | ( |
) | (2,707,541 | ) |
( |
) | ( |
) |
|
|
|
|
|
The director acknowledges her 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
Banita Limited (Registered number: 04577581) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2018 |
|
1. | STATUTORY INFORMATION |
|
Banita Limited is a
|
registered number and registered office address can be found on the Company Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of |
the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling |
at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
Going concern |
The company's ability to continue as a going concern is dependent on the willingness of the controlling party to |
provide financing to the company. |
The controlling party has expressed his willingness to provide financial support for the next 12 months as from |
the date of approval of the financial statements in order for the company to meet its current liabilities as and |
when they fall due. Therefore the director continues to adopt the going concern basis of accounting. |
Banita Limited (Registered number: 04577581) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2018 |
|
3. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 January 2018 |
and 31 December 2018 |
|
NET BOOK VALUE |
At 31 December 2018 |
|
At 31 December 2017 |
|
|
The investment above represents 60.04% of holding in the Ukrainian company "Kureni" Ltd. |
|
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.18 | 31.12.17 |
as restated |
£ | £ |
Other creditors |
|
|
|
Other creditors above is for accrued accountancy fees for 2018. |
|
5. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31.12.18 | 31.12.17 |
as restated |
£ | £ |
Other creditors |
|
|
|
The above amounts include a loan on which interest rate at 5% are charged and which was restated as per note |
3. |
|
6. | RELATED PARTY DISCLOSURES |
|
|
|
7. | ULTIMATE CONTROLLING PARTY |
|
The company is controlled by
|