Governeffect Limited 03234235 true false 0 2016-01-01 2016-12-31 The directors acknowledge their responsibilities for: (a) ensuring that the company keeps accounting records which comply with section 386 and 387 of the Companies Act 2006; and (b) preparing accounts 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 accounts, so far as applicable to the company. 03234235 2016-01-01 2016-12-31 03234235 2015-12-31 03234235 2016-12-31 03234235 uk-bus:Director1 2016-01-01 2016-12-31 03234235 uk-bus:Director2 2016-01-01 2016-12-31 03234235 uk-bus:Director3 2016-01-01 2016-12-31 03234235 uk-bus:CompanySecretary 2016-01-01 2016-12-31 03234235 uk-bus:CompanySecretary 2011-09-23 03234235 uk-bus:OrdinaryShareClass1 2016-01-01 2016-12-31 03234235 uk-bus:OrdinaryShareClass1 2016-12-31 03234235 uk-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP xbrli:shares
Registered Number: 03234235

Governeffect Limited

Report of Directors and Abbreviated Company Accounts

31 December 2016

Governeffect Limited Registered Number: 03234235

REPORT OF DIRECTORS

The directors present their report and accounts for the year ended 31 December 2016.


Review of Business

The company is dormant and has not traded during the financial year or subsequent to the year end.


Directors

The following persons served as directors during the year:

Warren Stuart Austin
Peter Frank Cooper
Martin Plocica

Approved by the board on 24 July 2017 and signed on its behalf by:





Rachel Sarah Booth

For and on behalf of

Hammerson Company Secretarial Limited

Secretary

Registered Office:
Kings Place
90 York Way
London
N1 9GE
United Kingdom

Governeffect Limited Registered Number: 03234235

BALANCE SHEET

as at 31 December 2016


  Notes   2016   2015
      £   £   £   £
Fixed assets
Investments 2       1,500       1,500
Current Assets
Debtors 3   2       2    
Creditors
Creditors: amounts falling due within one year     (1,500)       (1,500)    
Net current assets (liabilities)         (1,498)       (1,498)
Total assets less current liabilities         2       2
 
Capital and reserves
Called up share capital 4       2       2
Total Shareholders funds         2       2


The company was entitled to exemption under section 480 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

  1. ensuring that the company keeps accounting records which comply with section 386 and 387 of the Companies Act 2006; and
  2. preparing accounts 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 accounts, so far as applicable to the company.
The abbreviated accounts have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies.

The accounts were approved by the board on 24 July 2017 and signed on its behalf by:




Warren Stuart Austin

Director

Governeffect Limited Registered Number: 03234235

NOTES TO THE ACCOUNTS

for the year ended 31 December 2016


1 Accounting policies
  The following principal accounting policies have been applied consistently throughout the current and preceding year.

a) Basis of accounting

The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland. The Company is dormant within the Companies Act definition of a dormant company and has taken advantage of the option available under Section 35:10 of FRS 102 to retain its accounting policies for reported assets, liabilities and equity at the date of transition to FRS 102 until there is any change to those balances or the company undertakes any new transactions.


b) Fixed asset investments

Fixed asset investments are stated at cost less provision for impairment.
 
2 Investments (fixed assets)
  2016 cost: 1,500
2015 cost: 1,500

The above investment comprises a 0.01% beneficial interest in a protective lease on the site of a shopping centre investment. The balance of the interest is held by the immediate parent company.
 
3 Debtors
 
  2016   2015
  £   £
Other debtors 2   2
 
  The above amount is due after more than one year.
 
Creditors : amounts falling due within one year
 
  2016   2015
  £   £
Trade creditors 1,500   1,500
 
4 Share capital
 
  2016   2015
  £   £
Allotted, called up and fully paid
2 Ordinary shares of £1 each 2   2
 
5 ULTIMATE PARENT COMPANY AND CONTROLLING PARTY
  At 31 December 2016, the Company’s ultimate parent company was Hammerson plc, which is registered in England and Wales and the parent undertaking of the smallest and largest group to consolidate these financial statements. At 31 December 2016, the Company’s immediate parent company was West Quay Shopping Centre Limited, which is registered in England and Wales.

The consolidated financial statements of the ultimate parent company, Hammerson plc, are available from that company’s registered office Kings Place, 90 York Way, London N1 9GE.