Abbreviated Company Accounts - ELAGHMORE (HOLDINGS) LIMITED

ELAGHMORE (HOLDINGS) LIMITED - Company Information

08484865 ELAGHMORE (HOLDINGS) LIMITED 2014-05-31 false 2013-04-11 2014-05-31 true 08484865 2013-04-11 2014-05-31 08484865 2014-05-31 08484865 uk-gaap-cd-bus:Director1 2013-04-11 2014-05-31 08484865 uk-gaap-cd-bus:Director2 2013-04-11 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-11 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-11 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-05-31 iso4217:GBP shares

Registered Number 08484865

ELAGHMORE (HOLDINGS) LIMITED

Abbreviated Accounts

31 May 2014

ELAGHMORE (HOLDINGS) LIMITED Registered Number 08484865

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014
		£
Fixed assets
Investments	2	1,860,211
		1,860,211
Current assets
Debtors		154,606
Cash at bank and in hand		39,328
		193,934
Creditors: amounts falling due within one year	3	(1,797,239)
Net current assets (liabilities)		(1,603,305)
Total assets less current liabilities		256,906
Creditors: amounts falling due after more than one year	3	(312,534)
Total net assets (liabilities)		(55,628)
Capital and reserves
Called up share capital	4	136
Profit and loss account		(55,764)
Shareholders' funds		(55,628)

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 February 2015

And signed on their behalf by:
AJ Ducker, Director

ELAGHMORE (HOLDINGS) LIMITED Registered Number 08484865

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in
accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period,
exclusive of Value Added Tax

Valuation information and policy
Fixed asset investments are stated at historical cost less provision for any diminution in value.

Other accounting policies
Going concern
These financial statements have been prepared on a going concern basis despite net liabilities of
£55,628 at the balance sheet date. The company is dependent on the continued support from the
shareholders & directors who have indicated that they will not withdraw support for the
foreseeable future.

Consolidation
In the opinion of the directors, the company and its subsidiary undertakings comprise a small
group. The company has therefore taken advantage of the exemption provided by Section 398 of
the Companies Act 2006 not to prepare group accounts.

2Fixed assets Investments
Elaghmore (Holdings) Limited owns 100% of the issued share capital in Elaghmore Limited, a company incorporated in the UK which has a nominal value of £80. At the balance sheet date Elaghmore Limited had aggregate capital and reserves of £2,965,301 and reported a profit of £598,076 for the year.
Elaghmore (Holdings) Limited owns 100% of the issued share capital in Elaghmore Inc USA, a company incorporated in the United States of America, which has a nominal value of £1.8 million.
Elaghmore (Holdings) Limited owns 72.5% of the issued share capital in B&B Blending LLC a company incorporated in the United States of America. The financial information for Elaghmore Inc USA and B&B Blending LLC is not available.

3Creditors

	2014 £
Secured Debts	312,534

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
68 A Ordinary shares of £1 each	68
68 B Ordinary shares of £1 each	68

All shares rank pari passu