Danestrong Ltd - Limited company - abbreviated - 11.6
Danestrong Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 May 2014 |
| for |
| Danestrong Ltd |
| Danestrong Ltd (Registered number: 08090140) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 May 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Danestrong Ltd |
| Company Information |
| for the Year Ended 31 May 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Danestrong Ltd (Registered number: 08090140) |
| Abbreviated Balance Sheet |
| 31 May 2014 |
| 31.5.14 | 31.5.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Prepayments and accrued income |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges her responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements 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 financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| Danestrong Ltd (Registered number: 08090140) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 May 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| 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 |
| The turnover shown in the profit and loss account represents revenue recognised by the company in respect of |
| rent receivable during the period. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Depreciation |
| Investment properties are not subject to depreciation unless they are held on lease having an unexpired term of |
| 20 years or less. In such cases depreciation is charged at the rate necessary to write off the value of the property |
| over the remainder of the lease term. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 June 2013 |
| and 31 May 2014 |
| NET BOOK VALUE |
| At 31 May 2014 |
| At 31 May 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 31.5.14 | 31.5.13 |
| £ | £ |
| Repayable by instalments | 126,194 | 132,223 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.14 | 31.5.13 |
| value: | £ | £ |
| Ordinary | £1 |
| Danestrong Ltd (Registered number: 08090140) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 May 2014 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 31 May 2014 and the period |
| ended 31 May 2013: |
| 31.5.14 | 31.5.13 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Initial financing for the purchase of the investment property was provided by E.L Wosner the director of the |
| company. No security has been provided by the company in respect of this borrowing and there is no set date for |
| repayment. The loan carries interest at the rate of 8% per annum on the balance outstanding from time to time. |
| The interest due on the amounts outstanding in the period, amounting to £5,920 and included in Interest payable |
| and similar charges, was paid in the period. The balance due to E.L Wosner at the 31st May 2014, included in |
| Other Creditors, was £74,232. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |