NOTICE NO. 1
PT. 121 of 2003
In the Estate of
META ROSALIND SEALY
Deceased
NOTICE is hereby given pursuant to Section 31 of the Trustee Act, Cap. 250 to all persons having any debts, claims or demands upon or affecting the Estate of META ROSALIND SEALY, deceased late of Hampton Court, Arthur’s Hill, Tweedside Road in the parish of Saint Michael in the Island of Barbados, who died on the 15th day of October, 2003 to send particulars of their claims duly attested to the undersigned in care of SOLICITOR GENERAL’S CHAMBERS, Spencer
Building, Webster’s Business Park, Wildey, St. Michael not later than the 15th day of March after which date the Public Trustee will distribute the assets of the Estate among the persons entitled thereto having regard only to the debts and claims of which the Public Trustee shall then have had notice.
And all persons indebted to the Estate are requested to settle their indebtedness without delay.
Dated this 15th day of January 2023.
DONNA K. BRATHWAITE, Q.C.
for Public Trustee.
NOTICE NO. 2
BARBADOS
IN THE SUPREME COURT OF JUDICATURE
High Court In the Estate of
CLOTELLE CLARISSA GRIFFITH
also known as CLOTELLE GRIFFITH
also known as CLARISSA GRIFFITH
Deceased
TAKE NOTICE that by advertisements dated the 1st day of September 2022 and the 5th day of September 2022 THORNNES CAROL LEROY
GRIFFITH gave notice of his intention to apply for a Grant of Administration Cum Testamento Annexo to the Estate of CLOTELLE CLARISSA GRIFFITH also known as CLOTELLE GRIFFITH also known as CLARISSA GRIFFITH, late of Hope Road in the parish of Saint Lucy in this Island who died at Hope Road, Saint Lucy.
The application was erroneously stated in these advertisements as an application for a Grant of Administration Cum Testamento Annexo. The correct application is an Application for Letters of Administration Cum Testamento Annexo De Bonis Non.
Dated the 16th day of January, 2023. SAFFRON R. M. GRIFFITH
Attorney-at-Law for the Applicant.
2 OFFICIAL GAZETTE January 16, 2023
NOTICE NO. 3
SUPREME COURT OF BARBADOS IN THE HIGH COURT OF JUSTICE
CLAIM NO. LTP 000068 of 2022
IN THE MATTER OF THE LAND (TITLE PROCEEDINGS)
ACT, 2011 (section 3);
AND IN THE MATTER OF ALL THAT land situate at Alkins Land, Eagle Hall in the parish of Saint Michael in Barbados containing by admeasurement 175.3 square metres or thereabouts inclusive of 19.8 square metres in road being the Lot numbered 14 delineated on a Plan made and certified on the 27th day of July 2018 by Andrew R. Bourne, Land Surveyor ABUTTING AND BOUNDING towards the East on lands of Edmay Brathwaite being Lot numbered 12 as shown on the said Plan towards the South on lands of Leotta Green being the Lot numbered 13 on the said Plan and on lands of Vinston Haynes being the Lot numbered 15 on the said Plan towards the West on lands of Maxine Deane being the Lot numbered 16 on the said Plan and towards the North on a road 4.27 metres wide called 1st Avenue Alkins Land or however else the same may abut and bound.
NOTICE OF APPLICATION FOR DECLARATION OF OWNERSHIP AND CERTIFICATE OF TITLE
TAKE NOTICE that DENNIS La ROY BRATHWAITE of No. 47 Sheraton Park in the parish of Christ Church in this Island as the duly qualified Administrator and Personal Representative of the Estate of DORIS ERMINA NICHOLLS also known as DORIS ERMINA BRATHWAITE also known as DORIS BRATHWAITE has applied to the High Court for a declaration of ownership and a Certificate of Title in respect of the property described above.
Any person having any adverse claim, lien or charge or right or interest in or against the said property should submit the claim duly authenticated on oath to the Registrar of the Supreme Court, Whitepark Road, Bridgetown, on or before the 27th day of March 2023.
Any other person who has information relating to the ownership of the said property is invited to give such information in writing to the Registrar of the Supreme Court, Bridgetown, on or before the 27th day of March 2023.
Dated the 16th day of January, 2023.
Messrs. CARRINGTON & SEALY
Attorneys-at-Law for the Claimant
whose place of business and address for service is: Belmont House, Belmont Road, St Michael, Barbados.
January 16, 2023 OFFICIAL GAZETTE 3
@APITAFINANCIALToday. Tomo rrow. Together.SUMMARY CONSOLIDATED FINANCIAL STATEMENTS 2022DIRECTORS: Mr.CourtneyGibson – Chairman, Mr.Hasani Evelyn – SecretaryMr.Derrick Cummins,Mr.Trevor Colucci,Mr.Julian Hunte,Mr.Craig Hinds, Mr.Glyne Harrison – Group CEO Asubsi diaryof BarbadosPublicWorkers’ Co·operative(reditUnion limit ed BARBADO S: 2nd Flo o r, Patric k E. McDonald Buildi ng, Co llymore Ro c k, St. Micha e l.ST.LUC IA: Willia m Peter Bo ule vard, Cast rie s. | CAPITA FINANCIAL SERVICES INC .Summary Consolidated Statement of Profit or Loss and Other Comprehensive Income (cont.) For the year ended March 31, 2022(expressed iriBarbadosdollars) 1022 2021$ $Other comprehens ve incomeItems that will never be rec/ossified subsequently to profit or loss:Unrealised fair value (loss) gain on FVOCIequity invest ment sec ur ities. net (471,610) 6,789 Total comprehensive income for the year 789,694 1,86-4,4S6 |
CAPITA FINANCIAL SERVICES I NC.Summary Consolidated Statement of Financial Position As at March 31, 2022(exp sed in Barbadosdol lars) 2022 202•1sAs s et sCash resources 19 , 399,404 18,188,956Investment securities;FVOC I 1, 198 ,833 1,667, 2-49Amortised cost 4 , 444,666 -4,169,8-42Loans and advances 28 3 , 842,782 275.-47-4,898Corporation tax recoverable 326,810 326,810Due from related company l , 2S6,014 356,619Property and equipment 10 , 797,760 8,-429,136Other assets 6, 308 , 431 -4,-489,801 To ta l Asse t s 327 , S74,700 313,103,311 Liabilities and Equity LiabilitiesCustomer deposits 278 , 667,976 267,726,826Other liabilities 8,SOl ,467 5,680,323Due to related companies 879 ,897 5,622Loans payable 9, 979 ,674 11,1-45,960Corporation tax payable 74,063 133,591Deferred loan commitment fees 470,030 -46-4,957Tax on asset payable S61,612 321,612Deferred taxation 92,941 68,07-4 Total Liabilities 299 , 228 ,660 285,5-46,965 EquityShare capital IO , l 97,0S9 10,297,059Other reserves 7, 377,063 6,695,758Retained earnings 10 , 671,918 10,563,529 Total Equ ity 28 , 346,040 27,556,3-46 Total Liabilities and Equity 327 , S74,700 313.103.311 Approved by the Board of Directors on December 16 , 2022 Cour tney Gi bso n – Ch air man C raig Hi nd s – Director | |
CAPITA FINANCIAL SERVICES INC. | |
Summary Conso lidated Statement of Cash Flows | |
For the year ended March 31, 2021 | |
(expressediri Barbados dollars) | |
2012 2021 | |
$ $ | |
Cash flows from operating activities | |
Profit before taxation 1,354,206 1.955,899 | |
Adjustments for: | |
Depreciation 2,312,079 2,026,-405 | |
Interest income (17,SSS , 747) ( 1 6,890 , 900 ) | |
Gain on disposal of property and equipment (60,33 8) (56,897) | |
Borid amortisation ( 192 , 158) | |
Interest expense 7,14S,569 7,192,820 | |
Debt impairme rit reco very (132,350) | |
Ex pected credit losses 884 , 273 82-4,570 | |
Receivables written off 211,077 88,175 | |
(5 ,93 1,039) (-4,99 2,278) | |
Charigesirioperatingassetsandliabilities: | |
Increase in mandatory reserve deposits with Central Bank 22,941 | |
Increase in loans and advances (9,485,36S) (9,9-4-4,69-4) | |
Increase in other assets (2 , 029 , 707) (799,676) | |
Increase in customer deposits 9 , 711 , 129 3,073,-4-42 | |
Increase in other liabilities 321,797 880,56-4 | |
lncreaseinnetduefrom/torelatedcompany (2S,120) (86,160 ) | |
Decrease in deferred loan commitment fees 5,073 7,23-4 | |
Increase (decrease) in tax on asset payable 240 , 000 (1,693) | |
Net cash used in operations (7, 169 , 291) (11,863,261) | |
Interest received 17, 8 24,3 16 16,258,262 | |
Interest paid (S,715,946) (6,2-4-4,938) | |
Taxes paid (127,S63) (87,830) | |
Net cash from (used In) operating activities 4,8 1 l,Sl6 (1,937,767) | |
Cash flows from inv e st ing a cti vit ie s | |
Disposal of other term deposits 1,670,6 21 | |
Purchase of investment securities (84,183) (293.138) | |
Purchase of property arid equipmerit (1 , 100 , 51 I) (3,327.1 20) | |
Proceeds from sale of assets 694 , 407 279,26 1 | |
Net ca sh (us e d In) from Inv e stin g a ct iv iti e s (1,490,287) (1,670,376 ) | |
Cash flows from financing activities | |
Divideridpaid (275,000) | |
Payment of lease liability (922 , 929) (672.-422) | |
CAPITA FINANCIAL SERVICES INC .Summary Consolidated Statement of Changes in Equ ity For the ye a r ended March 31, 1011(exprenedinBarbadosdollars)Sha re Oth er Re t a in e dca p it a l re se rv e s ea rn ings Total$ $ $ $Balance at April I, 1010 as restated 10,297,059 6,-452.392 9,2 17,-439 25,966,890Profit for the year 1,857,667 1,857,667Dividend declared (275,000) (275,000)Transfer to statutory reserve 236,577 (236,577) Transfer to general reserveUnrealised fair value gain on FVOCIequity investment 6,789 6.789 Ba la nce a t Ma rch 31, 2021 10,297,059 6,695,758 10,563,529 27,556,3-46 Balance at April I , 202110,297,059 6,695,758 10,563,529 27,556,3-46Profit for the year 1,26 1,3 0-4 1,26 1,3 0-4Dividend declaredTransfer to statutory reserve 176 , 2 1 5 ( 1 76,215)T ransfer to general reserve 976.700 (976,700)Unrealised fair value loss on FVOC Iequity investment (-471,610) (-471,6 10 ) Balanc e at Ma rc h 31, 2011 10,297,059 7,377,063 10 , 671,918 2 8, 346,040 | |
Repayment of loans payable (1,166 , 286) (1,136,235) | |
Net cash used In financing activities (2 , 089,215) (2,083.657) | |
lncrease(decrease)incashandcashequivalerits 1, 232,014 (5,691,800) | |
Cash and cash equivalents beginning of year 9,842,168 15,533,968 | |
Cash and cash equivalents – end of year 11,074 , 182 9,8-42,168 | |
I, Note to summary consolidated firiancial statemenu – basis of pl'{!paratiori | |
These summary consolidated firiaricial statemenu are derived from the audited consolidated firiaricial statemenu of | |
CapitaFiriaricialServiceslric.ariditssubsidiaryfortheyeareridedMarch31.2022andhavebeeriprepal'{!dinaccordarice | |
withcriteriadevelopedbymariagement. | |
Indepe nde nt auditor’s repo rt on the s umm ary con solid a t e d fina ncial s tatemen ts | |
To the Sha re holder of Capita Financial Services Inc | |
Our o pinio n | |
lri our opiriiori, the accompanying summary consolidated financial statemerits of Capita Financ ial Services Inc. (the Company), | |
and its subsidiary (together ‘the Group’) are consistent, in all material respects, with the audited consolidated financial statemerils, | |
onthebasisdescribedinriote 1 | |
Thesummary consolidated financial statements | |
The Company’s summary corisolidated financia l statements derived from the audited consolidated finaricial statements for the | |
yearendedMarch31,2022comprise | |
the summary corisolidated statement of financial positioo as at March 31, 2022; | |
CAPITA FINANCIAL SERVICES INC.Summary Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended March 31, 2022(expressed in Barbados dollars)1012 1011$ $Interest income 17,585,747 1 6,890,900 Interest expense (7,14S,569) (7,192,820 ) Net interest Income 10,440,178 9,698,080 Other income 5 ,090 ,491 -4,152.629Net interest and other income 15 ,530,669 13,850.709 Operat ng expensesSalariesandotherstaffcosts 3,887,736 3,156,138Occupancy costs 83 ,709 153,935Debt impairment recovery (132,350)Expected credit losses 884,173 82-4,570Receivables written off 211,077 88,1 75Other operating expenses S,804,511 -4,817,226Depreciation 2, 312 ,079 2,026.-405 Total operati ng expenses 13 , 183 , 39S 10,93-4.099 Pro f it be fore le v ie s and taxation 1,347,174 2,916,610 Tax on assets (993 ,068) (960,711) Profit before taxat ion 1,354,206 1,955,899 Taxat io n (92,902) (98,232) Profit for the year 1,161 , 304 1,857.667 | |
the summary corisolidated statement of profit or loss arid other comprehensive income for the year theri end ed; | |
the summa ryconso lidat ed state men to f cha riges inequ ityfor the yearthenended; | |
the summary consolidated statement of cash flows for the year then ended; and | |
•therelatednotestothesummaryconsolidatedfinancialstatements | |
The summary conso lidat ed financial statements do not contain a ll the disclosures required by International Financia l Reporting | |
Standards. Read ing the consolidated summary financ ial statemerits arid the auditor’s report thereo n, therefore, is not a substitute | |
for reading the audited consolidated finan cia l statements and the auditor’s report thereon. The audited consolidated financial | |
statements, and the consolidated summary financial statements, do not reflect the effects of events that occurred subsequent to | |
the dale of our report on the audited consolidated financial statements. | |
The audi ted cons oli dated fi nanc ial statemen ts and ou r report thereon | |
We expressed an unmodified audit opinion on the audited conso lida ted financial statements in our report dated December 20, 2022. | |
Mana g ement’ s res pons ibility for the s umm ary con so lidated fina ncial s tate ments | |
Management is responsible for the preparation of the summary consolidated firiancial statements oo the basis described in riote 1 | |
Auditor ‘s respo ns ibi lity | |
Our responsibility is to express an opinion on whether the summary conso lida ted finaricial statements are consistent, in all | |
ma te rial respects. with the audited conso lidat ed financial statements based on our procedures, which were conducted in | |
accorda rice with International Staridard on Auditing 810 (Rev is ed), ‘Engageme rits to Report ori Summary Financial Statements’ | |
Other Matt e r | |
Our report, dated December 20, 2022 on the financial statements of Capita Financia l Services Inc. for the year ended | |
March 31. 2022 was made solely to the Company’s shareholder, as a body corporate, in accordance with Secliori 147 of the | |
Companies Act of Barllados . That report stated that our aud it work has Ileen uridertaken so that we might state to the Company’s | |
shareholder those matters we are required to state to them in an aud ito r’s report and for no other purpose. To the fullest extent | |
pem1itted by law and subject to any eriactment or rule of law to the coritrary, we do riot accept or assume responsibility to anyone | |
other than the Company and the Company’s shareholder as a body corporate, for our audit work, for our report dated | |
December 20, 2022, or for the opinion we have form ed. | |
Bridge town, Barbados | |
January11,2023 | |
PrkewaterbooseCoopers SRL, The FinancialServices Centre, Bi, hop’sC oott Hill,P .0. Box Il l . SL Mk hael,88 14004, Barbados, Wesl Indies | |
T: (2.t6)6266 700.F : (246)4)6 1275, w””‘ ‘-PWC.romlbl:> |
4 OFFICIAL GAZETTE January 16, 2023
Probate Advertisement
NOTICE NO. 4
BARBADOS
IN THE SUPREME COURT OF JUDICATURE
High Court
In the Estate of
WINSTON LEONARD BOURNE
also known as WINSTON BOURNE
Deceased
PUBLIC NOTICE is hereby given that an application will be made for the following Grant of Letters of Administration namely:-
LETTERS OF ADMINISTRATION to the
Estate of WINSTON LEONARD BOURNE also known as WINSTON BOURNE late of No. 13 Atlantic Park in the parish of Saint Philip in this Island, who died at No. 13 Atlantic Park, St. Philip on the 26th day of September, 2020 by MARLENE DIANE BOURNE, the widow of the said deceased and DENIECE MELISSA BOURNE, the daughter of the said deceased.
The Registrar will, after fourteen days from the second issue of this advertisement, be asked to proceed with the above-named application for Administration.
Dated the 16th day of January, 2023.
WENDY P. STRAKER
Attorney-at-Law.
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Printed and Published by
the Barbados Government Printing Department
VOL. CLVIII No. 7
Part C
BRIDGETOWN, BARBADOS, 16TH JANUARY, 2023
ContentsActing Appointments: The Honourable Mr. Justice Francis Belle acted as Chief Justice 1The Honourable Mr. Jefferson Cumberbatch acted asChief Justice 1Mrs. Stephanie Charles-Soverall acted as DeputyPermanent Secretary 1Lost Policy Notice for Sonia Nelson, dec’d. 1Publication of Barbados National Standards 2 | Acting AppointmentMrs. Stephanie Charles-Soverall, Principal Personnel Officer, acted as Deputy Permanent Secretary, Ministry of Labour, Social Security and Third Sector, with effect from 2022-07-11 to 2022-08-05.(M.P. 3/68/47C Vol. 3) |
NOTICE NO. 2 INSURANCE CORPORATION OF BARBADOS LIMITED PAUL NELSON of Dash Gap, Leadville, Christ Church, being the claimant of Life Policy No. 6000372 in the name of SONIA NELSON (deceased) has made sworn deposition that Policy No. 6000372 issued by Insurance Corporation of Barbados Limited has been lost and having made application to us to issue a Special Policy in substitution for the original policy, notice is hereby given that unless objection is raised within one month of the date hereof, the Special Policy asked for will be issued. Dated this 11th day of January 2023. By Order LISA JEMMOTTPolicy Services Manager. | |
NOTICE NO. 1 Government Notices Acting Appointments The following Justices of Appeal, have been appointed to act as Chief Justice of the Supreme Court of Judicature of Barbados, with effect from:- The Honourable Mr. Justice Francis Belle, with effect from 2022-12-12 to 2022-12-15; and The Honourable Mr. Jefferson Cumberbatch, with effect from 2022-12-16 to 2023-01-13.(M.P. 3/04/04 Vol. 6) |
2 OFFICIAL GAZETTE January 16, 2023
GOVERNMENT NOTICE
PUBLICATION OF BARBADOS NATIONAL STANDARDS
In accordance with Section 6 (3) of the Standards Act, 2006-5, the following standards have been declared as voluntary standards for the commodity, process, practice or service to which they relate:
- BNS CP 36: 2021 Professionally qualified practitioners – Massage therapists – Code of practice
- BNS CP 37: 2021 Guidelines for acceptable indoor air quality in office premises
- BNS CP 38: 2021 Professionally qualified practitioners – Reflexologists – Code ofpractice
- BNS 262: 2021 Pneumatic tyres for passenger vehicles – Specification
- BNS 263: 2021 Pneumatic tyres for non–passenger vehicles – Specification
- CRS 11 – Part 3: 2016 Tourist accommodation – Part 3: Requirements for guest houses
- CRS 28: 2012 Poultry and poultry products – Specification
- CRS 40: 2016 Labelling of brewed products
- CRS 41: 2016 Brewed products – Specification
- CRS 54: 2014 Cement – Specification
- CRS 57: 2018 Energy labelling – Refrigerating appliances – Requirements
- CRS 58: 2018 Energy labelling – Compact Fluorescent Lamps and Light EmittingDiode lamps – Requirements
- CRS 59: 2019 Energy labelling – Air conditioners – Requirements
- ISO 11625: 2007 Gas cylinders – Safe handling
- ISO 45001: 2018 Occupational health and safety management systems – Requirements with guidance for use
The following standards are recommended for withdrawal, having been suitably superseded by another standard:
- BNS 186: 2000 Labelling of brewery products to be superseded by BNS CRS 40: 2016 Labelling of brewed products;
- BNS 179: 2005 Brewery products to be superseded by BNS CRS 41: 2016 Brewed products – Specification;
- BNS 69: 2005 Hydraulic cement to be superseded by BNS CRS 54: 2014 Cement – Specification.
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Printed and Published by
the Barbados Government Printing Department