REGISTERED NUMBER: 02595693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Acanthus Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Avery Esq

SECRETARY:

M Ferrandon

REGISTERED OFFICE:

Cliveden Chambers

Cliveden Place

Longton

Stoke-on-Trent

Staffordshire

ST3 4JB

REGISTERED NUMBER:

02595693 (England and Wales)

ACCOUNTANTS:

Paterson Brodie Limited

Chartered Certified Accountants

Cliveden Chambers

Cliveden Place

Longton

Stoke-on-Trent

Staffordshire

ST3 4JB

FIXED ASSETS

Tangible assets

4

616

674

CURRENT ASSETS

Debtors

5

597,099

572,918

CREDITORS

Amounts falling due within one year

6

455

455

NET CURRENT ASSETS

596,644

572,463

TOTAL ASSETS LESS CURRENT LIABILITIES

597,260

573,137

CREDITORS

Amounts falling due after more than one year

7

583,884

557,753

NET ASSETS

13,376

15,384

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

13,374

15,382

SHAREHOLDERS' FUNDS

13,376

15,384

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 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 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 director on 23 September 2018 and were signed by:

N Avery Esq - Director

1.	STATUTORY INFORMATION

Acanthus Properties 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2017

and 31 March 2018

445

2,190

3,500

2,775

8,910

DEPRECIATION

At 1 April 2017

-

2,144

3,390

2,702

8,236

Charge for year

-

12

28

18

58

At 31 March 2018

-

2,156

3,418

2,720

8,294

NET BOOK VALUE

At 31 March 2018

445

34

82

55

616

At 31 March 2017

445

46

110

73

674

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Loan account - SARL St. Lauriel

585,887

566,756

Loan - Dippons House Management Limited

11,212

6,162

597,099

572,918

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Tax

(194

)

(194

)

Accrued expenses

649

649

455

455

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Director's loan account

583,884

557,753