Contents of the Financial Statements

for the Period Ended 31 December 2019

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2019

The directors present their report with the financial statements of the company for the period ended 31 December 2019

Directors

The director shown below has held office during the whole of the period from
1 January 2019 to 31 December 2019

M J Foulds

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 November 2020

And signed on behalf of the board by:
Name: M J Foulds
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2019

	2019	2018
	£	£
Turnover:	0	0
Cost of sales:	0	0
Gross profit(or loss):	0	0
Administrative expenses:	( 145,854 )	( 3,256 )
Operating profit(or loss):	(145,854)	(3,256)
Interest receivable and similar income:	2,011,685	2,008,726
Profit(or loss) before tax:	1,865,831	2,005,470
Tax:	0	0
Profit(or loss) for the financial year:	1,865,831	2,005,470

Balance sheet

As at 31 December 2019

	Notes	2019	2018
		£	£
Fixed assets
Investments:	3	2,084,527	2,084,527
Total fixed assets:		2,084,527	2,084,527
Current assets
Cash at bank and in hand:		2,195,328	2,328,344
Total current assets:		2,195,328	2,328,344
Creditors: amounts falling due within one year:	4	( 4,553 )	( 3,400 )
Net current assets (liabilities):		2,190,775	2,324,944
Total assets less current liabilities:		4,275,302	4,409,471
Total net assets (liabilities):		4,275,302	4,409,471
Capital and reserves
Called up share capital:		50,000	50,000
Profit and loss account:		4,225,302	4,359,471
Total Shareholders' funds:		4,275,302	4,409,471

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2019 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 2. Employees

  	2019	2018
  Average number of employees during the period	1	1