SINFILTRATE LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07188349 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

SINFILTRATE LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

to

3

CURRENT ASSETS

Cash at bank

331

289

CREDITORS

Amounts falling due within one year

5

(6,094

)

(5,674

)

NET CURRENT LIABILITIES

(5,763

)

(5,385

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,763

)

(5,385

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(5,863

)

(5,485

)

(5,763

)

(5,385

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2021 and were signed on its behalf by:

A G Hardacre - Director

1.	STATUTORY INFORMATION

SINFILTRATE LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07188349

Registered office:

Frogmore Paper Mill

Fourdrinier Way

Hemel Hempstead

Hertfordshire

HP3 9RY

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website development

-

33% on cost

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

Going concern

At 31st March 2020 the shareholders funds show a deficit of £5,763, however the financial

statements are prepared on a going concern basis which assumes that the company will continue

in operational existence for the foreseeable future. The validity of this assumption is based upon

the continuing support financially and otherwise of the ultimate parent company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Website

development

£

COST

At 1 April 2019

and 31 March 2020

1,184

DEPRECIATION

At 1 April 2019

and 31 March 2020

1,184

NET BOOK VALUE

At 31 March 2020

-

At 31 March 2019

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Taxation and social security

2,674

2,834

Other creditors

3,420

2,840

6,094

5,674

6.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption from the disclosures required by paragraph 33.1A of Financial Reporting Standard 102 regarding transactions between fellow group companies.

7.	ULTIMATE CONTROLLING PARTY

Natural Resources (2000) Limited is the company's ultimate parent undertaking. The parent undertaking's registered office is Frogmore Paper Mill, Fourdrinier Way, Apsley, Hemel Hempstead, Hertfordshire, HP3 9RY. The address of the principal place of business is Frogmore Paper Mill, Fourdrinier Way, Apsley, Hemel Hempstead, Hertfordshire, HP3 9RY.