Societe Cueva Azul Limited - Limited company accounts 11.6
Societe Cueva Azul Limited - Limited company accounts 11.6
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Year Ended 31 March 2014 |
for |
Societe Cueva Azul Limited |
Societe Cueva Azul Limited (Registered number: 01922467) |
Contents of the Financial Statements |
for the Year Ended 31 March 2014 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Profit and Loss Account | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
Societe Cueva Azul Limited |
Company Information |
for the Year Ended 31 March 2014 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Societe Cueva Azul Limited (Registered number: 01922467) |
Report of the Director |
for the Year Ended 31 March 2014 |
The director presents her report with the financial statements of the company for the year ended 31 March 2014. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of holding property outside the United Kingdom. |
However the Company did not trade during the year. The Director does not expect any significant changes in the coming |
year. |
DIRECTOR |
STATEMENT OF DIRECTOR'S RESPONSIBILITIES |
The director is responsible for preparing the Report of the Director and the financial statements in accordance with |
applicable law and regulations. |
Company law requires the director to prepare financial statements for each financial year. Under that law the director |
has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting |
Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve |
the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company |
and of the profit or loss of the company for that period. In preparing these financial statements, the director is required |
to: |
- | select suitable accounting policies and then apply them consistently; |
- | make judgements and accounting estimates that are reasonable and prudent; |
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the |
company's transactions and disclose with reasonable accuracy at any time the financial position of the company and |
enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for |
safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud |
and other irregularities. |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating |
to small companies. |
ON BEHALF OF THE BOARD: |
Societe Cueva Azul Limited (Registered number: 01922467) |
Profit and Loss Account |
for the Year Ended 31 March 2014 |
31.3.14 | 31.3.13 |
Notes | € | € |
TURNOVER |
Administrative expenses |
(38,183 | ) | (12,743 | ) |
Other operating income |
OPERATING LOSS and |
LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION |
2 |
( |
) | ( |
) |
Tax on loss on ordinary activities | 3 |
LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
Societe Cueva Azul Limited (Registered number: 01922467) |
Balance Sheet |
31 March 2014 |
31.3.14 | 31.3.13 |
Notes | € | € | € | € |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Profit and loss account | 9 | ( |
) | ( |
) |
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. |
Societe Cueva Azul Limited (Registered number: 01922467) |
Balance Sheet - continued |
31 March 2014 |
The financial statements were approved by the director on |
Societe Cueva Azul Limited (Registered number: 01922467) |
Notes to the Financial Statements |
for the Year Ended 31 March 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). |
Investment property |
No depreciation or amortisation is provided in respect of freehold investment properties and leasehold |
investment properties with over 20 years to expiry. The Director considers that this accounting policy results in |
the financial statements giving a true and fair view. Depreciation or amortisation is only one of many factors |
reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately |
identified or quantified. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance |
sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of |
transaction. Exchange differences are taken into account in arriving at the operating result. |
2. | OPERATING LOSS |
The operating loss is stated after charging/(crediting): |
31.3.14 | 31.3.13 |
€ | € |
Foreign exchange differences | ( |
) |
Director's remuneration and other benefits etc |
3. | TAXATION |
Analysis of the tax charge |
No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2014 nor for the year |
ended 31 March 2013. |
4. | INVESTMENT PROPERTY |
Total |
€ |
COST |
At 1 April 2013 |
and 31 March 2014 |
NET BOOK VALUE |
At 31 March 2014 |
At 31 March 2013 |
Societe Cueva Azul Limited (Registered number: 01922467) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2014 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.14 | 31.3.13 |
€ | € |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.14 | 31.3.13 |
€ | € |
Other creditors |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.14 | 31.3.13 |
€ | € |
Shareholders' current accounts |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
value: | € | € |
Ordinary | £1 |
9. | RESERVES |
Profit |
and loss |
account |
€ |
At 1 April 2013 | ( |
) |
Deficit for the year | ( |
) |
At 31 March 2014 | ( |
) |