ARRONWAY_LTD - Accounts
ARRONWAY_LTD - Accounts
Company Registration No. 6027219 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
136961-2014
Registered office
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2014
- 1 -
2014
2013
Notes
€
€
€
€
Fixed assets
Investments
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(151,810 )
(132,499 )
Net current liabilities
(144,376 )
(126,574 )
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board and authorised for issue on 21 March 2015
Director
Company Registration No. 6027219
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.5
Foreign currency translation
The company's accounting records are maintained in Euro.
Transactions in other currencies are converted at the rate ruling at the date of the transaction. Monetary assets and liabilities are converted at the rate of exchange ruling at the balance sheet date. Any material gains or losses resulting from the conversion are taken to the profit and loss account.
2
Fixed assets
Investments
€
Cost
At 1 July 2013 & at 30 June 2014
279,595
At 30 June 2013
279,595
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Participating interests
Ordinary
Ordinary
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2014
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2014
2014
Principal activity
€
€
Real estate
300,434
(173,033)
Installation & repairs of electricity
267,961
229,883
The above results have been taken from the respective company's financial statements for the year ending 31 December 2013.
3
Share capital
2014
2013
€
€
Allotted, called up and fully paid
Ordinary shares
The issued shares represent 100 ordinary shares with a par value of £1 each.