Prospero Resources Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08510591 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE PERIOD 30 APRIL 2013 TO 30 APRIL 2014

FOR

PROSPERO RESOURCES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I Vrachimis

SECRETARIES:

I Vrachimis

Corporate Secretaries Limited

REGISTERED OFFICE:

Ascot House

2 Woodberry Grove

London

N12 0FB

REGISTERED NUMBER:

08510591 (England and Wales)

ACCOUNTANTS:

Westminster Accountancy Ltd

Accountants

Westminster House

9 Chapel Place

Rivington Street

London

EC2A 3DQ

CURRENT ASSETS

Cash at bank and in hand

8,246

CREDITORS

Amounts falling due within one year

10,280

NET CURRENT LIABILITIES

(2,034

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,034

)

CAPITAL AND RESERVES

Called up share capital

2

2

Profit and loss account

(2,036

)

SHAREHOLDERS' FUNDS

(2,034

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 July 2014 and were signed by:

I Vrachimis - Director

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

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary Share Capital

£1

2

3.	GOING CONCERN

The Balance Sheet as at 30.04.2014 has a negative balance. However the Director is confident that the company

will receive sufficient financial support to enable it to trade in the foreseeable future.