Abbreviated Company Accounts - ASKEW INVESTMENTS LIMITED

Abbreviated Company Accounts - ASKEW INVESTMENTS LIMITED


Registered Number 01069505

ASKEW INVESTMENTS LIMITED

Abbreviated Accounts

30 September 2014

ASKEW INVESTMENTS LIMITED Registered Number 01069505

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 37,423 444,812
Investments 3 550,711 550,711
588,134 995,523
Current assets
Debtors 5,191 5,451
Cash at bank and in hand 927,253 755,179
932,444 760,630
Creditors: amounts falling due within one year (48,337) (36,837)
Net current assets (liabilities) 884,107 723,793
Total assets less current liabilities 1,472,241 1,719,316
Total net assets (liabilities) 1,472,241 1,719,316
Capital and reserves
Called up share capital 4 10,000 10,000
Share premium account 42,977 42,977
Revaluation reserve 47,204 34,557
Profit and loss account 1,372,060 1,631,782
Shareholders' funds 1,472,241 1,719,316
  • For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2015

And signed on their behalf by:
J Askew, Director

ASKEW INVESTMENTS LIMITED Registered Number 01069505

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant & machinery etc - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 October 2013 565,779
Additions 35,000
Disposals (527,144)
Revaluations -
Transfers -
At 30 September 2014 73,635
Depreciation
At 1 October 2013 120,967
Charge for the year 5,474
On disposals (90,229)
At 30 September 2014 36,212
Net book values
At 30 September 2014 37,423
At 30 September 2013 444,812

3Fixed assets Investments
Fixed asset investments are included at cost.

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
10,000 Ordinary shares of £1 each 10,000 10,000