Castlewood (London) Limited - Limited company - abbreviated - 11.0.0
Castlewood (London) Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 June 2014 |
| for |
| CASTLEWOOD (LONDON) LIMITED |
| CASTLEWOOD (LONDON) LIMITED (REGISTERED NUMBER: 03742002) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| CASTLEWOOD (LONDON) LIMITED |
| Company Information |
| for the Year Ended 30 June 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| CASTLEWOOD (LONDON) LIMITED (REGISTERED NUMBER: 03742002) |
| Abbreviated Balance Sheet |
| 30 June 2014 |
| 30.6.14 | 30.6.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| CASTLEWOOD (LONDON) LIMITED (REGISTERED NUMBER: 03742002) |
| Abbreviated Balance Sheet - continued |
| 30 June 2014 |
| The financial statements were approved by the Board of Directors on |
| CASTLEWOOD (LONDON) LIMITED (REGISTERED NUMBER: 03742002) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents rent receivable and charges recoverable from tenants, net of VAT. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Investment property |
| Investment properties are revalued annually at their open market value in accordance with FRSSE (effective |
| April 2008). The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit |
| reduces the property below its historical cost, in which case it is taken to the profit and loss account. |
| No depreciation is provided on investment properties which is a departure from the requirements of the |
| Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment |
| potential and so their current value is of more significance than any measure of consumption and to depreciate |
| them would not give a true and fair view. The provisions of the FRSSE (April 2008) in respect of investment |
| properties have therefore been adopted in order to give a true and fair view. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| CASTLEWOOD (LONDON) LIMITED (REGISTERED NUMBER: 03742002) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 30.6.14 | 30.6.13 |
| £ | £ |
| Repayable by instalments | 3,144,854 | 3,187,669 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.14 | 30.6.13 |
| value: | £ | £ |
| Ordinary | £1 |