Silverfin false false 31/12/2023 01/01/2023 31/12/2023 Karl-Mikael Andren 06/09/2023 06/10/2006 Anthony Ivor Brittan 01/06/2015 Clive Britton 06/02/2017 Paul Chares Ehrenreich 12/07/2019 Andre Pottas 06/02/2017 Mark Saunders 06/09/2023 19 August 2024 The principal activity in the year was operating luxury game lodges in wildlife reserves in South Africa. 05958539 2023-12-31 05958539 bus:Director1 2023-12-31 05958539 bus:Director2 2023-12-31 05958539 bus:Director3 2023-12-31 05958539 bus:Director4 2023-12-31 05958539 bus:Director5 2023-12-31 05958539 bus:Director6 2023-12-31 05958539 2022-12-31 05958539 core:CurrentFinancialInstruments 2023-12-31 05958539 core:CurrentFinancialInstruments 2022-12-31 05958539 core:ShareCapital 2023-12-31 05958539 core:ShareCapital 2022-12-31 05958539 core:RetainedEarningsAccumulatedLosses 2023-12-31 05958539 core:RetainedEarningsAccumulatedLosses 2022-12-31 05958539 core:CostValuation 2022-12-31 05958539 core:CostValuation 2023-12-31 05958539 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-12-31 05958539 core:RemainingRelatedParties core:CurrentFinancialInstruments 2022-12-31 05958539 2023-01-01 2023-12-31 05958539 bus:FilletedAccounts 2023-01-01 2023-12-31 05958539 bus:SmallEntities 2023-01-01 2023-12-31 05958539 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05958539 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05958539 bus:Director1 2023-01-01 2023-12-31 05958539 bus:Director2 2023-01-01 2023-12-31 05958539 bus:Director3 2023-01-01 2023-12-31 05958539 bus:Director4 2023-01-01 2023-12-31 05958539 bus:Director5 2023-01-01 2023-12-31 05958539 bus:Director6 2023-01-01 2023-12-31 05958539 2022-01-01 2022-12-31 iso4217:USD xbrli:pure

Company No: 05958539 (England and Wales)

SINGITA INTERNATIONAL LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

SINGITA INTERNATIONAL LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

SINGITA INTERNATIONAL LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2023
SINGITA INTERNATIONAL LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2023
DIRECTORS Karl-Mikael Andren (Resigned 06 September 2023)
Anthony Ivor Brittan
Clive Britton
Paul Chares Ehrenreich
Andre Pottas
Mark Saunders (Appointed 06 September 2023)
REGISTERED OFFICE 1st Floor 38/39 Hampstead High Street
London
NW3 1QE
United Kingdom
COMPANY NUMBER 05958539 (England and Wales)
SINGITA INTERNATIONAL LIMITED

BALANCE SHEET

As at 31 December 2023
SINGITA INTERNATIONAL LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
Note 2023 2022
$ $
Fixed assets
Investments 3 200,000 200,000
200,000 200,000
Current assets
Debtors 4 196,286 291,809
Cash at bank and in hand 1,174,995 767,418
1,371,281 1,059,227
Creditors: amounts falling due within one year 5 ( 279,686) ( 396,522)
Net current assets 1,091,595 662,705
Total assets less current liabilities 1,291,595 862,705
Net assets 1,291,595 862,705
Capital and reserves
Called-up share capital 188 188
Profit and loss account 1,291,407 862,517
Total shareholders' funds 1,291,595 862,705

For the financial year ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Singita International Limited (registered number: 05958539) were approved and authorised for issue by the Board of Directors on 19 August 2024. They were signed on its behalf by:

Clive Britton
Director
SINGITA INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
SINGITA INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Singita International Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1st Floor 38/39 Hampstead High Street, London, NW3 1QE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in USD which is the functional currency of the Company and rounded to the nearest $.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, during the period within which the services were provided, and is shown net of taxes.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investment in subsidiary

Investments held in subsidiaries are recognised at cost less impairment.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

3. Fixed asset investments

Investments in subsidiaries

2023
$
Cost
At 01 January 2023 200,000
At 31 December 2023 200,000
Carrying value at 31 December 2023 200,000
Carrying value at 31 December 2022 200,000

4. Debtors

2023 2022
$ $
Amounts owed by Group undertakings (note 6) 17,415 28,924
Amounts owed by related parties (note 6) 178,871 262,885
196,286 291,809

5. Creditors: amounts falling due within one year

2023 2022
$ $
Trade creditors 204,647 396,522
Taxation and social security 75,039 0
279,686 396,522

6. Related party transactions

The company has taken advantage of exemption under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

7. Ultimate controlling party

Parent Company:

The Company's immediate parent undertaking is Singita Holdings International Limited, a company registered by continuation, in the Republic of Mauritius. The registered office of the parent is TMF Mauritius, 3rd Floor, Standard Chartered Tower, 19 Cybercity, Ebene, Republic of Mauritius