Company Registration No. 12498097 (England and Wales)
EVERINVEST SECOND UNITHOLDER LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2020
PAGES FOR FILING WITH REGISTRAR
EVERINVEST SECOND UNITHOLDER LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
EVERINVEST SECOND UNITHOLDER LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2020
31 December 2020
- 1 -
2020
Notes
£
£
Non-current assets
Investments
2
5,829
Current assets
Trade and other receivables
3
100
Current liabilities
4
(5,829)
Net current liabilities
(5,729)
Total assets less current liabilities
100
Equity
Called up share capital
5
100
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial period ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 September 2021 and are signed on its behalf by:
B Traub
Director
Company Registration No. 12498097
EVERINVEST SECOND UNITHOLDER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2020
- 2 -
1
Accounting policies
Company information
Everinvest Second Unitholder Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
50 Weymouth Mews, Marylebone, London, W1G 7EH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Reporting period
The reporting period is less than one year as the company was incorporated on 4 March 2020 and prepared its first financial statements for the period ending 31 December 2020.
1.3
Non-current investments
Fixed asset investments
are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in profit or loss.
1.4
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2
Fixed asset investments
2020
£
Other investments other than loans
5,829
EVERINVEST SECOND UNITHOLDER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2020
2
Fixed asset investments
(Continued)
- 3 -
Movements in non-current investments
Investments other than loans
£
Cost or valuation
At 4 March 2020
-
Additions
5,829
At 31 December 2020
5,829
Carrying amount
At 31 December 2020
5,829
3
Trade and other receivables
2020
Amounts falling due within one year:
£
Other receivables
100
4
Current liabilities
2020
£
Amounts owed to group undertakings
5,829
The amounts owed to group undertakings are interest free, unsecured and repayable on demand.
5
Called up share capital
2020
2020
Ordinary share capital
Number
£
Issued and not fully paid
Ordinary shares of £1 each
100
100
During the period the company issued 100 £1
Ordinary shares at par.