Bright AccountsProduction v1.0.0 v1.0.0 2022-04-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is that of the sale and distribution of nutritional feed supplements and healthcare products for animals.

There has been no significant change in these activities during the financial year ended 31 March 2023.
15 December 2023 10 10
NI625354 2023-03-31 NI625354 2022-03-31 NI625354 2021-03-31 NI625354 2022-04-01 2023-03-31 NI625354 2021-04-01 2022-03-31 NI625354 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 NI625354 uk-curr:PoundSterling 2022-04-01 2023-03-31 NI625354 uk-bus:AbridgedAccounts 2022-04-01 2023-03-31 NI625354 uk-bus:Audited 2022-04-01 2023-03-31 NI625354 uk-core:ShareCapital 2023-03-31 NI625354 uk-core:ShareCapital 2022-03-31 NI625354 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI625354 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI625354 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 NI625354 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-03-31 NI625354 uk-core:RestatedAmount uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI625354 uk-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 NI625354 uk-bus:FRS102 2022-04-01 2023-03-31 NI625354 uk-core:Land 2022-04-01 2023-03-31 NI625354 uk-core:PlantMachinery 2022-04-01 2023-03-31 NI625354 uk-core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 NI625354 uk-core:MotorVehicles 2022-04-01 2023-03-31 NI625354 uk-core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 NI625354 uk-core:ParentEntities 2022-04-01 2023-03-31 NI625354 2022-04-01 2023-03-31 NI625354 uk-bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 NI625354 uk-bus:Director2 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
TRI Equestrian Limited
 
Abridged Financial Statements
 
for the financial year ended 31 March 2023



TRI Equestrian Limited
DIRECTORS' REPORT
for the financial year ended 31 March 2023

 
The directors present their report and the audited financial statements for the financial year ended 31 March 2023.
 
Principal Activity
The principal activity of the company is that of the sale and distribution of nutritional feed supplements and healthcare products for animals.

There has been no significant change in these activities during the financial year ended 31 March 2023.
     
Results and Dividends
The profit for the financial year after providing for depreciation and taxation amounted to £67,196 (2022 - £173,489).
     
Directors
The directors who served during the financial year are as follows:
     
Philip Masterson
Raoul Masterson
   
There were no changes in shareholdings between 31 March 2023 and the date of signing the financial statements.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Indemnity Insurance
In accordance with our articles of association and to the extent permitted by the laws of England and Wales, directors are granted an indemnity from the Company in respect of liabilities incurred as a result of their office. In addition, we maintained a directors' and officers' liability insurance policy throughout the year. Neither our indemnity nor the insurance provides cover in the event that a director is proven to have acted dishonestly or fraudulently.
     
Statement of Directors' Responsibilities
             
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
-select suitable accounting policies and apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
                 
Disclosure of Information to Auditor
Each persons who are directors at the date of approval of this report confirms that:
In so far as the directors are aware:
-there is no relevant audit information (information needed by the company's auditor in connection with preparing the auditor's report) of which the company's auditor is unaware, and
-the directors have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.
     
Auditors
The auditors, Hugh McCarthy & Associates, (Chartered Accountants) have indicated their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006.
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
___________________________ ___________________________
Philip Masterson Raoul Masterson
Director Director
     
15 December 2023 15 December 2023



INDEPENDENT AUDITOR'S REPORT
to the Shareholders of TRI Equestrian Limited

 
Report on the audit of the financial statements
 
Opinion
We have audited the financial statements of TRI Equestrian Limited ('the company') for the financial year ended 31 March 2023 which comprise the Abridged Income Statement, the Abridged Statement of Financial Position, the Statement of Changes in Equity and the related notes to the financial statements, including significant accounting policies set out in note . The financial reporting framework that has been applied in their preparation is applicable Law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 March 2023 and of its profit for the financial year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.
 
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the Provisions Available for Audits of Small Entities, in the circumstances set out in Note 3 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
 
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
 
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.
 
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
 
Other Information
The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
 
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Directors' Report has been prepared in accordance with applicable legal requirements.
 
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified any material misstatements in the Directors' Report.
 
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the Directors' Report.
 
Responsibilities of directors for the financial statements
The directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
 
In preparing the financial statements, the directors are responsible for assessing the company ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or has no realistic alternative but to do so.
 
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
 
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
 
A further description of our responsibilities for the audit of the financial statements is contained in the appendix to this report, located at page , which is to be read as an integral part of our report.
 
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
 
 
 
__________________________________
Garrett McCarthy (Senior Statutory Auditor)
for and on behalf of
HUGH MCCARTHY & ASSOCIATES
Chartered Accountants and Statutory Audit Firm
1st & 2nd Floor,The Mill,
Greenmount Avenue,
Harolds Cross
Dublin 12
Ireland
 
15 December 2023



TRI Equestrian Limited
APPENDIX TO THE INDEPENDENT AUDITOR'S REPORT

Further information regarding the scope of our responsibilities as auditor
 
As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:
 
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
 
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
 
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.
 
- Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditor's Report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the company to cease to continue as a going concern.
 
- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
 
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.



TRI Equestrian Limited
ABRIDGED INCOME STATEMENT
for the financial year ended 31 March 2023
2023 2022
Notes £ £

Gross profit 372,377 526,482
 
Administrative expenses (279,933) (312,298)
───────── ─────────
Profit before taxation 92,444 214,184
 
Tax on profit (25,248) (40,695)
───────── ─────────
Profit for the financial year 67,196 173,489
───────── ─────────
Total comprehensive income 67,196 173,489
    ═════════   ═════════



TRI Equestrian Limited
Company Registration Number: NI625354
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 March 2023

2023 2022
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 234,895 250,735
───────── ─────────
 
Current Assets
Inventories 296,970 436,600
Receivables 31,956 19,224
Cash and cash equivalents 134,072 58,090
───────── ─────────
462,998 513,914
───────── ─────────
Payables: amounts falling due within one year (152,701) (286,653)
───────── ─────────
Net Current Assets 310,297 227,261
───────── ─────────
Total Assets less Current Liabilities 545,192 477,996
═════════ ═════════
 
Equity
Called up share capital 1 1
Retained earnings 545,191 477,995
───────── ─────────
Equity attributable to owners of the company 545,192 477,996
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
Approved by the Board and authorised for issue on 15 December 2023 and signed on its behalf by
           
           
________________________________     ________________________________
Philip Masterson     Raoul Masterson
Director     Director
           



TRI Equestrian Limited
STATEMENT OF CHANGES IN EQUITY
as at 31 March 2023

Called up Retained Total
share earnings
capital
£ £ £
 
At 1 April 2021 1 304,506 304,507
───────── ───────── ─────────
Profit for the financial year - 173,489 173,489
───────── ───────── ─────────
At 31 March 2022 1 477,995 477,996
  ───────── ───────── ─────────
Profit for the financial year - 67,196 67,196
  ───────── ───────── ─────────
At 31 March 2023 1 545,191 545,192
  ═════════ ═════════ ═════════



TRI Equestrian Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2023

   
1. General Information
 
TRI Equestrian Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI625354. The registered office of the company is The Meadows Equestrian Centre, Embankment Road, Lurgan which is also the principal place of business of the company. The nature of the company operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Long leasehold property - 12.5% Straight line
  Plant and machinery - 12.5% Straight line
  Fixtures, fittings and equipment - 12.5% straight line
  Motor vehicles - 12.5% straight line
  Computer equipment - 12.5% straight line
 
Assets not carried at fair value are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount.

The recoverable amount is the higher of an asset’s fair value less costs to sell and value in use.  Value in use is defined as the present value of the future pre-tax and interest cash flows obtainable as a result of the asset’s continued use. The pre-tax and interest cash flows are discounted using a pre-tax discount rate that represents the current market risk free rate and the risks inherent in the asset.  For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash-generating units).  

If the recoverable amount of the asset (or asset’s cash generating unit) is estimated to be lower than the carrying amount, the carrying amount is reduced to its recoverable amount.  An impairment loss is recognised in the profit and loss account, unless the asset has been revalued when the amount is recognised in other comprehensive income to the extent of any previously recognised revaluation.  Thereafter any excess is recognised in profit or loss.

If an impairment loss is subsequently reverses, the carrying amount of the asset (or asset’s cash generating unit) is increased to the revised estimate of its recoverable amount, but only to the extent that the revised carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised in prior periods. A reversal of an impairment loss is recognised in the profit and loss account.
 
The company’s policy is to review the remaining useful economic lives and residual values of fixtures, fittings and equipment on an on-going basis and to adjust the depreciation charge to reflect the remaining estimated useful economic life and residual value.

Fully depreciated fixtures, fittings & equipment are retained in the cost of fixtures, fittings & equipment and related accumulated depreciation until they are removed from service. In the case of disposals, assets and related depreciation are removed from the financial statements and the net amount, less proceeds from disposal, is charged or credited to the profit and loss account.
 
Inventories
Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items in the income statement. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Payables.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Related parties
For the purposes of these financial statements a party is considered to be related to the company if:
 
- the party has the ability, directly or indirectly, through one or more intermediaries to control the company or exercise significant influence over the company in making financial and operating policy decisions or has joint control over the company;
- the company and the party are subject to common control;
- the party is an associate of the company or forms part of a joint venture with the company;
- the party is a member of key management personnel of the company or the company's parent, or a close family member of such as an individual, or is an entity under the control, joint control or significant influence of such individuals;
- the party is a close family member of a party referred to above or is an entity under the control or significant influence of such individuals; or
- the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company.
 
Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the company.
 
Employee benefits
The company provides a range of benefits to employees, including annual bonus arrangements, paid holiday arrangements and defined contribution pension plans.

(i) Short term benefits
Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.

(ii) Annual bonus plans
The company recognises a provision and an expense for bonuses where the company has a legal or constructive obligation as a result of past events and a reliable estimate can be made.

(iii) Defined contribution pension plans
The Company operates a defined contribution plan. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate fund. Under defined contribution plans, the company has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

For defined contribution plans, the company pays contributions to privately administered pension plans on a contractual or voluntary basis. The company has no further payment obligations once the contributions have been paid. The contributions are recognised as employee benefit expense when they are due. Prepaid contributions are recognised as an asset to the extent that a cash refund or a reduction in the future payments is available.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Provisions Available for Audits of Small Entities
 
In common with many other businesses of our size and nature, we use our auditors to prepare and submit tax returns to Her Majesty's Revenue and Customs and to assist with the preparation of the financial statements.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 10, (2022 - 10).
 
  2023 2022
  Number Number
 
Sales 10 10
  ═════════ ═════════

               
5. Property, plant and equipment
  Long Plant and Fixtures, Motor Computer Total
  leasehold machinery fittings and vehicles equipment  
  property   equipment      
  £ £ £ £ £ £
Cost
At 1 April 2022 284,000 8,541 40,758 19,469 10,844 363,612
Additions 30,000 - - - - 30,000
  ───────── ───────── ───────── ───────── ───────── ─────────
At 31 March 2023 314,000 8,541 40,758 19,469 10,844 393,612
  ───────── ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2022 53,838 4,341 32,745 14,919 7,034 112,877
Charge for the financial year 36,884 1,030 4,282 2,306 1,338 45,840
  ───────── ───────── ───────── ───────── ───────── ─────────
At 31 March 2023 90,722 5,371 37,027 17,225 8,372 158,717
  ───────── ───────── ───────── ───────── ───────── ─────────
Carrying amount
At 31 March 2023 223,278 3,170 3,731 2,244 2,472 234,895
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════
At 31 March 2022 230,162 4,200 8,013 4,550 3,810 250,735
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════

       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2023.
   
7. Parent company
 
The companys immediate parent is Los Alerces Limited, incorporated in Cyprus.
 
   
8. Controlling interest
 
The company is owned and controlled by its directors through their ownership of the ultimate parent company.
   
9. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.