Beric Investments Limited - Limited company - abbreviated

REGISTERED NUMBER: 02270694 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

BERIC INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B Bard

I Grunfeld

SECRETARY:

Mrs J Bard

REGISTERED OFFICE:

Foframe House

35-37 Brent Street

London

NW4 2EF

REGISTERED NUMBER:

02270694 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

Foframe House

35-37 Brent Street

London

NW4 2EF

FIXED ASSETS

Investments

2

1,009,477

922,442

CURRENT ASSETS

Debtors

212,968

186,016

Investments

126,979

160,379

Cash at bank

10,125

40,988

350,072

387,383

CREDITORS

Amounts falling due within one year

37,065

NET CURRENT ASSETS

313,007

350,318

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,322,484

1,272,760

CAPITAL AND RESERVES

Called up share capital

3

296

Profit and loss account

1,322,188

1,272,464

SHAREHOLDERS' FUNDS

1,322,484

1,272,760

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

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

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.

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 Board of Directors on 27 May 2015 and were signed on its behalf by:

B Bard - 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).

Deferred tax

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

sheet date.

Investment in unincorporated joint venture syndicates

The company has investment in a number of unincorporated property joint venture syndicates. The investments

are shown at cost. Income arising from such investments is shown in the Statement of Financial Activities. All

joint venture syndicates make up their accounts to 31 March each year and the results are included on this basis.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2013

922,442

Additions

112,500

Share of profit/(loss)

32,307

Withdrawals

(57,772

)

At 30 June 2014

1,009,477

NET BOOK VALUE

At 30 June 2014

1,009,477

At 30 June 2013

922,442

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

296

Ordinary shares

£1

296

Beric Investments Limited - Limited company - abbreviated - 11.6

Beric Investments Limited - Limited company - abbreviated - 11.6