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REGISTERED NUMBER: 03983339 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Sandstown Trade Ltd

Sandstown Trade Ltd (Registered number: 03983339)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sandstown Trade Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: F V Pistone





REGISTERED OFFICE: 67 Westow Street
Upper Norwood
London
SE19 3RW





REGISTERED NUMBER: 03983339 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Sandstown Trade Ltd (Registered number: 03983339)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes $    $    $    $   
FIXED ASSETS
Investments 5 490,000 490,000

CREDITORS
Amounts falling due within one year 6 591,580 588,934
NET CURRENT LIABILITIES (591,580 ) (588,934 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(101,580

)

(98,934

)

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings (101,581 ) (98,935 )
SHAREHOLDERS' FUNDS (101,580 ) (98,934 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 24 January 2025 and were signed by:





F V Pistone - Director


Sandstown Trade Ltd (Registered number: 03983339)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Sandstown Trade Ltd 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.

The presentation currency of the financial statements is the US Dollar ($).


2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Investments in associates
Investments in associate undertakings are recognised at cost.

Foreign currencies
Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. FIXED ASSET INVESTMENTS
Interest
in
associate
$   
COST
At 1 May 2023
and 30 April 2024 490,000
NET BOOK VALUE
At 30 April 2024 490,000
At 30 April 2023 490,000

Sandstown Trade Ltd (Registered number: 03983339)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Sperone Westwater Inc
Registered office:
Nature of business: Dealer of fine arts
%
Class of shares: holding
Ordinary 50.00
31.12.23 31.12.22
$    $   
Aggregate capital and reserves 37,272,497 37,481,106
Profit for the year 238,065 199,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
$    $   
Other creditors 588,934 586,087
Accruals and deferred income 2,646 2,847
591,580 588,934

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: $    $   
1 Ordinary 1 1 1

8. RELATED PARTY DISCLOSURES

For the whole year the company was under the control of Michael Horne, as trustee of Trust "Collezione Sperone", the sole shareholder of the company.