NOTICE  NO. 1

BARBADOS  COMPANIES  ACT,  CAP. 308

Golden Variety International, Ltd.

(Company No. 38535)

NOTICE  IS  HEREBY  GIVEN  that    the

Shareholders  o f    GOLDEN  V A R I E T Y INTERNATIONAL,  LTD.  (Company  No. 38535) have

by Special Resolution authorized and directed that the Company be dissolved and liquidated voluntarily in accordance with the provisions of Section 364 of the Act.

Dated this 15th day of January, 2024.

BRIAN M. CLARKE

Director.

NOTICE  NO. 2

In the Estate of

CARSON ORLANDO BROWNE

also known as CARSON O BROWNE also known as CARSON BROWNE

Deceased

NOTICE IS HEREBY GIVEN pursuant to Section 31 of the Trustee Act, Cap. 250 of the Laws of Barbados, to any person having any claim against or interest in the Estate of CARSON ORLANDO BROWNE also known as CARSON O BROWNE also known as CARSON BROWNE, deceased,  late  of 4th Avenue Lower Carlton in the parish of Saint James in Barbados deceased who died at Queen Elizabeth Hospital in the parish of Saint Michael on the 21st day of May, 2021 to send particulars in writing of his or her claim  or  interest  to  FELICIA S.  MORRIS of Morris

& Kellman Attorneys-at-Law Manor Lodge Complex Green Hill in the parish of Saint Michael, Barbados on or before the 18th day of March, 2024 after which date the Executors will convey and distribute the assets of the Estate among the persons entitled having regard only to the valid claims of which they shall then have had notice. And all persons indebted to the said Estate are required to settle their indebtedness without delay.

Dated this 15th day of January 2024.

FELICIA S. MORRIS

Attorney-at-Law for the Executors

of the Estate of CARSON ORLANDO BROWNE also known as CARSON O BROWNE also known as CARSON BROWNE, deceased.

Independent Auditor’s Report on the Summary Financial Statements for Amphora Life Insurance Company Ltd.

To the shareholders of Amphora Life Insurance Company Ltd.

Our opinion

In our opinion, the accompanying summary financial statements of Amphora Life Insurance Company Ltd. (the Company) are consistent, in all material respects, with the audited financial statements, on the basis described in note 1.

The summary financial statements

The Company’s summary financial statements derived from  the  audited  financial  statements  for  the  year  ended April 30, 2022 comprise:

  • the summary statement of financial position as at April 30, 2022;
  • the summary statement of profit or loss and other comprehensive income for the year then ended;
  • the summary statement of changes in equity for the year then ended;
  • the summary statement of cash flows for the year then ended; and
  • the related notes to the summary financial statements.

The summary financial statements do not contain all the disclosures required by International Financial Reporting Standards. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor’s report thereon. The audited financial statements, and the summary financial statements, do not reflect the effects of events that occurred subsequent to the date of our report on the audited financial statements.

The audited financial statements and our report thereon

We expressed an unmodified audit opinion on the audited financial statements in our report dated November 10, 2023.

Management’s responsibility for the summary financial statements

Management is responsible for the preparation of the summary financial statements on the basis described in note   1.

Auditor’s responsibility

Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with the audited financial statements based on our procedures, which were conducted in accordance with Interna- tional Standard on Auditing 810 (Revised), ‘Engagements to Report on Summary Financial Statements’.

Other matter

Our report, dated November 10, 2023 on the financial statements of Amphora Life Insurance Company Ltd. for the year ended April 30, 2022 was made solely to the Company’s shareholders, as a body, in accordance with Section 147 of the Companies Act of Barbados. That report stated that our audit work was undertaken so that we might state to the Company’s shareholders those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law and subject to any enactment or rule of law to the contrary, we do not accept or assume responsibility to anyone other than the Company and the Company’s shareholders as a body, for our audit work, for our report dated November 10, 2023, or for the opinion we have formed.

Bridgetown, Barbados November 10, 2023

PricewaterhouseCoopers SRL, The Financial Services Centre, Bishop’s Court Hill, P.O. Box 111, St. Michael, BB14004, Barbados West Indies T: (246) 626 6700, F: (246) 436 1275, www.pwc.com/bb

January 15, 2024

OFFICIAL GAZETTE                                                                           3

Amphora Life Insurance Company Statement of Financial Position As at April 30, 2022Ltd. 
(Expressed in Canadian dollars) 
    Assets2022 $2021 $
Cash and cash equivalents Financial instruments – Available-for-sale investments43,169,377   10,071,70746,797,455   10,324,143
– Investments at fair value through profit or loss169,919,780138,858,385
– Loans and receivables44,178,12144,455,277
Investment property26,520,49215,472,539
Property, plant and equipment9,8392,342
Liabilities and Equity   Liabilities 
Trade and other payables4,228,0684,390,790
Current income tax liabilities7,34413,514
Insurance contracts70,378,49076,365,898
Equity 
Share capital13,279,48913,279,489
Fair value reserve3,127,4372,006,325
Contributed surplus775,725647,603
Retained earnings       17,777,889        16,510,882      
Total Equity       34,960,540        32,444,299      
Total Liabilities and Equity     293,869,316       255,910,141    

4                                                                           OFFICIAL GAZETTE

January 15, 2024

 Other Share        Fair Value    Contributed             Retained Capital            Reserve              Surplus            Earnings                      Total $                       $                       $                         $
Balance at May 1, 202013,279,489         3,138,625              522,156         14,848,369                         31,788,639
Contributed surplus Profit for the year Decrease in unrealised gains on available-for-sale investments–                     –             125,447                       –                       125,447 –                     –                       –          1,662,513                       1,662,513                       –       (1,132,300)                       –                       –                 (1,132,300)                             
Balance at April 30, 2021   13,279,489         2,006,325              647,603         16,510,882                            32,444,299         
Balance at May 1, 202113,279,489         2,006,325              647,603         16,510,882                         32,444,299
Contributed surplus Profit for the year Increase in unrealised gains on available-for-sale investments–                     –             128,122                       –                       128,122 –                     –                       –          1,267,007                       1,267,007                       –        1,121,112                        –                       –                 1,121,112                               
Balance at April 30, 2022   13,279,489       3,127,437            775,725       17,777,889                           34,960,540         

January 15, 2024

OFFICIAL GAZETTE                                                                           5

(Expressed in Canadian dollars)      2022                   2021
  Premium Revenue$                        $
Insurance premium revenue992,746            7,759,687
Insurance premium ceded to reinsurer        (230,392)            (242,377)        
Net insurance premium revenue762,354            7,517,310
Fee income715,068              534,744
Investment income12,424,349            7,559,900
Other  operating income/(expense)     (1,251,038)        (13,480,876)     
      12,650,733            2,131,078     
Partial surrenders2,673,039            2,721,743
Lapsed policies Insurance benefits and movement in insurance and investment contract liabilities3,344,764            1,848,207   3,912,594          (5,965,679)
Insurance benefits recoverable from reinsurer        (126,027)             591,746        
Net insurance claims and benefits       9,804,370             (803,983)       
Operating expenses       1,491,019            1,201,221       
Profit before income tax1,355,344            1,733,840
Income tax           88,337                71,327           
Profit for the year1,267,007            1,662,513
Other comprehensive income: Items that are or may be reclassified to profit or loss Unrealised fair value gains/(losses) on available-for-sale investments        1,121,112          (1,132,300)
Total comprehensive income for the year2,388,119              530,213

6                                                                           OFFICIAL GAZETTE

January 15, 2024

Amphora Life Insurance Company Ltd. Statement of Cash Flows 
For the year ended April 30, 2022
(Expressed in Canadian dollars)
 2022 $2021 $
Cash flows from operating activities Income before taxation  1,355,344  1,733,840
Adjustments for: Depreciation expense  2,415  2,105
Unrealised gains on investments(6,103,539)(268,169)
Interest income(3,397,453)(3,573,509)
Dividend income       (1,104,908)                (845,173)      
Operating loss before changes in operating assets and liabilities  (9,248,141)             (2,950,906)
Change in available-for-sale investments1,373,548               2,317,260
Change in financial investments at FVTPL(24,957,856)            10,146,467
Change in investment property(11,047,953)           (15,472,539)
Change in loans and receivables277,156               4,029,101
Change in trade and other payables(162,723)              3,751,959
Change in insurance contract liabilities(5,987,408)              6,158,805
Change in investment contract liabilities      41,599,234             10,122,017      
Cash (used in)/generated from operating activities(8,154,143)            18,102,164
Interest received3,397,453               3,573,509
Dividends received1,016,571                  773,846
Tax paid              (6,169)                 (12,259)             
Net cash (used in)/generated from operating activities       (3,746,288)            22,437,260      
Cash flows used in investing activities Additions to property, plant and equipment                (9,912)                           –             
Cash flows from financing activities Contributed surplus              128,122                  125,447           
Net (decrease)/increase in cash and cash equivalents(3,628,078)            22,562,707
Cash and cash equivalents – beginning of year      46,797,455             24,234,748      
Cash and cash equivalents – end of year      43,169,377             46,797,455      
Represented by: Cash balances  42,247,340             11,155,286
Short-term instruments           922,037             35,642,169           

January 15, 2024

OFFICIAL GAZETTE                                                                           7

Text Box: Probate Advertisement

NOTICE NO. 3 BARBADOS

IN  THE  SUPREME COURT  OF THE  JUDICATURE

High Court

In the Estate of

ISRAEL LLOYD KIRTON

also known as ISRAEL KIRTON

PUBLIC NOTICE is hereby given that an application is being made for the following Grant of Letters of Administration namely:-

LETTERS OF ADMINISTRATION to the  Estate

of ISRAEL LLOYD KIRTON also known as ISRAEL KIRTON, deceased late of Woodbourne, St. Patricks in the parish of Christ Church in this Island who died in this Island on the 26th day of October 2023 by NICHOLAS LLOYD  KIRTON  and  KYLE  ISRAEL KIRTON  who

are the sons of the deceased.

An application shall be submitted to the Supreme Court fourteen (14) days from the date of Notice in the Official Gazette and from the date of the second notice of advertisement.

Dated the 15th day of January 2024.

JENNIVIEVE  L. MAYNARD

Attorney-at-Law for the Applicants.

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Printed and Published by

the Barbados Government Printing Department

VOL.  CLIX   No. 5

Part C

BRIDGETOWN,  BARBADOS, 15TH JANUARY, 2024

 Contents   Diplomatic

Acting  Appointment: Lieutenant Colonel Carlos Lovell

acted as Chief  of Staff……………………………………………… 2

Appointment: Mr. Barry Brathwaite to the post of

Instructor III……………………………………………………………. 2

Diplomatic: His Excellency Mr. Wellington Darío Bencosme Castaños, Ambassador of the Dominican Republic          1

His Excellency Mr. Víctor Hugo Morales Meléndez,  Ambassador of Mexico        1

His Excellency Mr. Francis Etienne, Ambassador of the

Republic of France……………………………………………….. 1

His Excellency Mr. Gerhard Doujak, Ambassador of  Austria…… 1

Her Excellency Mrs. Bengü Yiğitgüden, Ambassador

of   the Republic  of Türkiye…………………………………….. 1

Her Excellency Mrs. Theodora-Magdalena Mircea,

Ambassador of Romania………………………………………. 1

His Excellency Mr. Samuel Yaw Nsiah, High Commissioner

of the Republic of Ghana………………………………………… 1

Lost Policy Notices for Leroy Williams,  dec’d.,

Samuel Squires, dec’d., Brian Auguste, Lisa  Alleyne,  Clytie Vaughan  and Asan Arthur ……………………………2, 3

NOTICE  NO. 1

Text Box: Government Notices

Diplomatic

His Excellency Mr. Wellington Darío Bencosme Castaños, Ambassador of the Dominican Republic, presented his credentials to the President of Barbados, Her Excellency the Most Honourable Dame Sandra Mason,   F.B.,    G.C.M.G.,   D.A.,   S.C.,   LLD.,    on

Wednesday, August 03, 2022.

The Ambassador is resident in Port-of-Spain, Trinidad and Tobago.

His Excellency Mr. Víctor Hugo Morales Meléndez, Ambassador of Mexico, presented his  credentials  to the President of Barbados, Her Excellency the Most Honourable Dame Sandra Mason, F.B., G.C.M.G., D.A., S.C., LLD., on Tuesday, August 16, 2022.

His Excellency Mr.  Francis  Etienne,  Ambassador of the Republic of France,  presented  his  credentials to the President of Barbados, Her Excellency the Most Honourable Dame Sandra Mason, F.B., G.C.M.G., D.A., S.C., LLD., on Friday, November 11, 2022.

The Ambassador is resident in Castries, St. Lucia.

His Excellency Mr.  Gerhard  Doujak, Ambassador of Austria, presented his credentials to the President of Barbados, Her Excellency the Most Honourable Dame Sandra  Mason,  F.B.,   G.C.M.G.,  D.A.,  S.C.,  LLD.,   on

Wednesday, September 28, 2022.

The Ambassador is resident in Bogota, Colombia.

Her Excellency Mrs. Bengü Yiğitgüden, Ambassador of  the  Republic  of  Türkiye,  presented  her  credentials to the President of Barbados, Her Excellency the Most Honourable Dame Sandra Mason, F.B., G.C.M.G., D.A., S.C., LLD., on Tuesday, September 20, 2022.

The Ambassador is resident in Port-of-Spain, Trinidad and Tobago.

Her Excellency Mrs. Theodora-Magdalena Mircea, Ambassador of Romania,  presented  her  credentials  to the President of Barbados, Her Excellency the Most Honourable Dame Sandra Mason, F.B., G.C.M.G., D.A., S.C., LLD., on Monday, September 12, 2022.

The Ambassador is resident in Havana, Cuba.

His Excellency Mr. Samuel Yaw Nsiah, High Commissioner of the Republic of Ghana, presented his credentials to the President of  Barbados, Her Excellency the Most Honourable Dame Sandra Mason, F.B., G.C.M.G., D.A., S.C., LLD., on Tuesday, July 26, 2022.

The Ambassador is resident in Port-of-Spain, Trinidad and Tobago.

Cuba.

The  High  Commissioner  is  resident  in Havana,

2                                                                           OFFICIAL GAZETTE                                                                             January 15, 2024

GOVERNMENT  NOTICES

Appointment to act in the post of Chief of Staff Barbados Defence Force

Her Excellency, the President, has been pleased to appoint Lieutenant Colonel Carlos Lovell, to act as Chief of Staff from January 5 to 9, 2024.

(M.P 10/1/14/2)

Appointment

Mr. Barry Brathwaite has been appointed to the post of Instructor III, Samuel Jackman Prescod Institute of Technology, Ministry of Education, Technological and Vocational Training, with effect from  2024-01-01.

(M.P. 2/48/03 Vol. 13)

NOTICE  NO. 2

SAGICOR  LIFE INC.

BARBADOS PUBLIC WORKERS’ CO- OPERATIVE CREDIT UNION LIMITED of Keith

Bourne Complex, Belmont Road, St. Michael being the assignees of Policy No. S00107891 issued by Sagicor Life Inc., on the life of LEROY WILLIAMS (Dec’d) has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued.

Dated the 14th day of  December, 2023.

By Order, ANDREW  C. GREAVES

Corporate Secretary.

NOTICE  NO. 3

SAGICOR  LIFE INC.

VASHNEE  &  SONYA SQUIRES of Ashton

Hall, Warrens, St. Peter being the Beneficiaries  of the Estate of SAMUEL SQUIRES (Deceased) and having made sworn deposition  that Policy No. 077440872 issued by Sagicor Life Inc., on the life of SAMUEL SQUIRES (Deceased) has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for  will be issued.

Dated the 11th day of  December, 2023.

By Order, ANDREW  C. GREAVES

Corporate Secretary.

January 15, 2024

OFFICIAL GAZETTE                                                                           3

  NOTICE  NO. 4 SAGICOR  LIFE  INC.   BRIAN AUGUSTE of #14-3rd Avenue North Wildey, St. Michael having made sworn deposition that Policy No. 0033533 issued by Life of Barbados and assumed by Sagicor Life Inc., on his life has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued.   Dated the 27th day of  December,  2023. By Order, ANDREW  C. GREAVES Corporate  Secretary.  NOTICE  NO. 6 SAGICOR  LIFE INC.   CLYTIE VAUGHAN of Lot 5 Crichlow Land, Black Rock, St. Michael having made sworn deposition that Policy No. B001082 issued by British American Insurance Company and assumed by Sagicor Life Inc., on her life has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued. Dated the 21st day of  December, 2023. By Order,   ANDREW  C. GREAVES Corporate Secretary.
  NOTICE  NO. 5 SAGICOR  LIFE INC.   LISA ALLEYNE of 988 Tamarind Villas, Villages at Coverley, Christ Church having made sworn deposition that Policy No. 077421772 issued by Sagicor Life Inc., on her life has been lost and having made application to  the Directors to    grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued.   Dated the 19th day of  December, 2023. By Order, ANDREW  C. GREAVES Corporate Secretary.  NOTICE  NO. 7 SAGICOR  LIFE INC.   CLYTIE VAUGHAN of Lot 5 Crichlow Land, Black Rock, St. Michael having made sworn deposition that Policy No. B003013 issued by British American Insurance Company and assumed by Sagicor Life Inc., on her life has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued. Dated the 21st day of  December, 2023. By Order,   ANDREW  C. GREAVES Corporate Secretary.

NOTICE  NO. 8

SAGICOR  LIFE INC.

ALVIN ARTHUR of Apple Hall, Bottom Bay, St. Philip having made sworn deposition that Policy No. 077405543 issued by Sagicor Life Inc., on the life of ASAN ARTHUR has been lost and having made application to the Directors to grant a duplicate of the same, notice is hereby given that unless objection is raised within one month of the date hereof, the duplicate policy asked for will be issued.

Dated the 21st day of  December, 2023.

By Order,

ANDREW  C. GREAVES

Corporate Secretary.

error: Alert: Content is protected !!