| Ethical Investments Ltd |
| Registered number: |
06307830 |
| Balance Sheet |
| as at 30 September 2018 |
|
| Notes |
|
|
2018 |
|
|
2017 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
8,883 |
|
|
9,085 |
| Investments |
3 |
|
|
38,035 |
|
|
38,035 |
|
|
|
|
46,918 |
|
|
47,120 |
|
| Current assets |
| Investments held as current assets |
4 |
|
18,723 |
|
|
18,723 |
| Cash at bank and in hand |
|
|
41,471 |
|
|
39,295 |
|
|
|
60,194 |
|
|
58,018 |
|
| Creditors: amounts falling due within one year |
5 |
|
(25,377) |
|
|
(19,460) |
|
| Net current assets |
|
|
|
34,817 |
|
|
38,558 |
|
| Net assets |
|
|
|
81,735 |
|
|
85,678 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
81,734 |
|
|
85,677 |
|
| Shareholder's funds |
|
|
|
81,735 |
|
|
85,678 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D Vincent |
| Director |
| Approved by the board on 28 March 2019 |
|
| Ethical Investments Ltd |
| Notes to the Accounts |
| for the year ended 30 September 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% reducing balance |
|
Fixtures, fittings, tools and equipment |
20% reducing balance |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 October 2017 |
8,075 |
|
5,622 |
|
13,697 |
|
At 30 September 2018 |
8,075 |
|
5,622 |
|
13,697 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2017 |
- |
|
4,612 |
|
4,612 |
|
Charge for the year |
- |
|
202 |
|
202 |
|
At 30 September 2018 |
- |
|
4,814 |
|
4,814 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2018 |
8,075 |
|
808 |
|
8,883 |
|
At 30 September 2017 |
8,075 |
|
1,010 |
|
9,085 |
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 October 2017 |
38,035 |
|
|
At 30 September 2018 |
38,035 |
|
|
| 4 |
Investments held as current assets |
2018 |
|
2017 |
| £ |
£ |
|
Fair value |
|
Unlisted investments |
18,723 |
|
18,723 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Bank loans and overdrafts |
(18,000) |
|
(18,000) |
|
Taxation and social security costs |
(116) |
|
(938) |
|
Other creditors |
43,493 |
|
38,398 |
|
|
|
|
|
|
25,377 |
|
19,460 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Ethical Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Cedar House |
|
100 Whirlowdale Road |
|
Sheffield |
|
S7 2NJ |
