| Arngold Limited |
| Registered number: |
02394335 |
| Abbreviated Balance Sheet |
| as at 23 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,710 |
|
|
3,710 |
|
| Current assets |
| Debtors |
|
|
2,233 |
|
|
2,233 |
| Cash at bank and in hand |
|
|
27,620 |
|
|
27,620 |
|
|
|
29,853 |
|
|
29,853 |
|
| Creditors: amounts falling due within one year |
|
|
(480) |
|
|
(480) |
|
| Net current assets |
|
|
|
29,373 |
|
|
29,373 |
|
| Net assets |
|
|
|
33,083 |
|
|
33,083 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
19 |
|
|
19 |
| Share premium |
|
|
|
23,997 |
|
|
23,997 |
| Revaluation reserve |
|
|
|
3,710 |
|
|
3,710 |
| Profit and loss account |
|
|
|
5,357 |
|
|
5,357 |
|
| Shareholders' funds |
|
|
|
33,083 |
|
|
33,083 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mrs LM Kearney |
| Director |
| Approved by the board on 27 February 2015 |
|
| Arngold Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 23 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value of maintenance fees and ground rents receivable. |
|
|
Depreciation |
|
Depreciation has not been provided on the freehold reversionary interest. |
|
|
Investment properties are shown at the most recent directors valuation. Any agggregate surpus or deficit arising from changes in market value are recognised in the Profit and Loss account in accordance with Financial Reporting Standard 102. Depreciation Is not provided on freehold reversionary interests held within investment properties. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount of this which might otherwsie have been charged cannot be separately identified or quantified. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 24 June 2013 |
3,710 |
|
At 23 June 2014 |
3,710 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 23 June 2014 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 23 June 2014 |
3,710 |
|
At 23 June 2013 |
3,710 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
19 |
|
19 |
|
19 |
|
|
|
|
|
|
|
|
|
