0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-02-24 Sage Accounts Production Advanced 2023 - FRS102_2023 1,869,280 51,860 1,921,140 1,921,140 xbrli:pure xbrli:shares iso4217:GBP 13937314 2022-02-24 2023-03-31 13937314 2023-03-31 13937314 2022-02-23 13937314 bus:Director1 2022-02-24 2023-03-31 13937314 core:WithinOneYear 2023-03-31 13937314 core:ShareCapital 2023-03-31 13937314 core:RetainedEarningsAccumulatedLosses 2023-03-31 13937314 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 13937314 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2023-03-31 13937314 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 13937314 core:Non-currentFinancialInstruments 2023-03-31 13937314 bus:Director1 2023-03-31 13937314 bus:SmallEntities 2022-02-24 2023-03-31 13937314 bus:AuditExemptWithAccountantsReport 2022-02-24 2023-03-31 13937314 bus:SmallCompaniesRegimeForAccounts 2022-02-24 2023-03-31 13937314 bus:PrivateLimitedCompanyLtd 2022-02-24 2023-03-31 13937314 bus:FullAccounts 2022-02-24 2023-03-31
COMPANY REGISTRATION NUMBER: 13937314
CETACEA INVESTMENTS LIMITED
Filleted Unaudited Financial Statements
31 March 2023
CETACEA INVESTMENTS LIMITED
Statement of Financial Position
31 March 2023
31 Mar 23
Note
£
Fixed assets
Investments
4
1,921,140
Prepayments and accrued income
1,282
Creditors: amounts falling due within one year
5
1,868,507
------------
Net current liabilities
1,867,225
------------
Total assets less current liabilities
53,915
Accruals
8,400
--------
Net assets
45,515
--------
Capital and reserves
Called up share capital
100
Profit and loss account
45,415
--------
Shareholder funds
45,515
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 24 November 2023 , and are signed on behalf of the board by:
E A M Austin
Director
Company registration number: 13937314
CETACEA INVESTMENTS LIMITED
Notes to the Financial Statements
Period from 24 February 2022 to 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Barnstorm, Westwell, Burford, Oxfordshire, United Kingdom, OX18 4JT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit and loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Fixed asset investments
Shares and securities purchased are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' Issues of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Other financial assets are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit and loss.
4. Investments
Other investments other than loans
£
Cost
At 24 February 2022
Additions
1,869,280
Revaluations
51,860
------------
At 31 March 2023
1,921,140
------------
Impairment
At 24 February 2022 and 31 March 2023
------------
Carrying amount
At 31 March 2023
1,921,140
------------
The nature of the investment is a combination of cash holdings,bonds,equities,gilts,commodities and alternative investments. The market value of the investment portfolio is included in the balance sheet at the year end.
5. Creditors: amounts falling due within one year
31 Mar 23
£
Other creditors
1,868,507
------------
Included in other creditors, there is an amount of £1,868,507 owed to the director as at the 31 March 2023. The loan is interest free and repayable on demand.
6. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Mar 23
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
E A M Austin
( 1,868,507)
( 1,868,507)
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