Suntelia Aion Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06775408 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Suntelia Aion Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W G Davies

Mrs D S Davies

REGISTERED OFFICE:

The Grange Lodge

Broadwell Hill

Broadwell

Moreton In Marsh

Gloucestershire

GL56 0UQ

REGISTERED NUMBER:

06775408 (England and Wales)

FIXED ASSETS

Tangible assets

4

950

950

Investments

5

138,705

138,705

139,655

139,655

CURRENT ASSETS

Debtors

6

12,320

12,320

CREDITORS

Amounts falling due within one year

7

160,909

160,899

NET CURRENT LIABILITIES

(148,589

)

(148,579

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,934

)

(8,924

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(8,936

)

(8,926

)

SHAREHOLDERS' FUNDS

(8,934

)

(8,924

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 21 December 2018 and were signed on its behalf by:

Mrs D S Davies - Director

1.	STATUTORY INFORMATION

Suntelia Aion Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the company's

deficiency of net assets; on the grounds that the director has confirmed that necessary funds will be made

available for the company to meet its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 2 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2017

and 31 March 2018

3,500

DEPRECIATION

At 1 April 2017

and 31 March 2018

2,550

NET BOOK VALUE

At 31 March 2018

950

At 31 March 2017

950

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2017

and 31 March 2018

138,705

NET BOOK VALUE

At 31 March 2018

138,705

At 31 March 2017

138,705

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed by participating interests

8,258

8,258

Other debtors

4,062

4,062

12,320

12,320

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

11,127

11,127

Amounts owed to participating interests

53,124

52,764

Directors' current accounts

96,658

96,658

Accrued expenses

-

350

160,909

160,899

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs D S Davies.