Condor Ridge Limited - Accounts to registrar (filleted) - small 23.2.5
Condor Ridge Limited - Accounts to registrar (filleted) - small 23.2.5
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 May 2023 |
for |
Condor Ridge Limited |
Condor Ridge Limited (Registered number: 03193798) |
Contents of the Financial Statements |
for the Year Ended 31 May 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Condor Ridge Limited |
Company Information |
for the Year Ended 31 May 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Monomark House |
27 Old Gloucester Street |
London |
WC1N 3AX |
Condor Ridge Limited (Registered number: 03193798) |
Balance Sheet |
31 May 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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 Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Condor Ridge Limited (Registered number: 03193798) |
Notes to the Financial Statements |
for the Year Ended 31 May 2023 |
1. | STATUTORY INFORMATION |
Condor Ridge Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
Fixed asset investments |
Fixed asset investments are shown at their cost to the company, including all costs of acquisition, less any provision for impairment. Listed investments are shown at market value. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Listed | Unlisted |
investments | investments | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 June 2022 | 937,609 |
Disposals | ( |
) | (579,080 | ) |
Revaluations | ( |
) | (31,168 | ) |
Exchange differences | 9,040 |
At 31 May 2023 | 336,401 |
NET BOOK VALUE |
At 31 May 2023 | 336,401 |
At 31 May 2022 | 937,609 |
The listed investments were distributed to the shareholder on 30 September 2022. |
Included in unlisted investments are 36,261 ordinary shares in a Greek company, Vanos SA (which represents 39.5% of the total issued share capital of the company). |
Condor Ridge Limited (Registered number: 03193798) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Sundry debtors |
Prepayments |
Beneficial owner loan | 10,803 | - |
Payments on account | - | 16,906 |
The beneficial owner loan is unsecured, interest-free and without a specified payment date. |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Accruals |
7. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 June 2022 |
Deficit for the year | ( |
) |
Dividends | ( |
) |
At 31 May 2023 |
9. | RELATED PARTY DISCLOSURES |
No transactions with related parties were undertaken such as are required to be disclosed under Section 1A "Small Entities" of Financial Reporting Standard 102, other than the beneficial owner loan and dividend detailed above. |
10. | POST BALANCE SHEET EVENTS |
The effect of events relating to the year ended 31 May 2023, which occurred before the date of approval of the financial statements by the director, have been included to the extent required to show a true and fair view of the state of affairs at 31 May 2023 and of the results of the year ended on that date. |