Telling Investments Ltd - Period Ending 2014-12-31

Registration number: 01470663

Telling Investments Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2014
 

Alanbrookes Ltd
PO Box 258
Stroud
Gloucestershire
GL6 8WZ

Telling Investments Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Telling Investments Ltd
for the Year Ended 31 December 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Telling Investments Ltd for the year ended 31 December 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Telling Investments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Telling Investments Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telling Investments Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Telling Investments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Telling Investments Ltd. You consider that Telling Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Telling Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Alanbrookes Ltd
PO Box 258
Stroud
Gloucestershire
GL6 8WZ

1 July 2015

Page 1

Telling Investments Ltd
(Registration number: 01470663)
Abbreviated Balance Sheet at 31 December 2014

		Note			2014 £			2013 £
Fixed assets
Investments					65,246			65,014
Current assets
Debtors					44			47
Cash at bank and in hand					6,902			5,249
					6,946			5,296
Creditors: Amounts falling due within one year					(1,600)			(1,600)
Net current assets					5,346			3,696
Net assets					70,592			68,710
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					70,492			68,610
Shareholders' funds					70,592			68,710

For the year ending 31 December 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 director acknowledges his 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 director on 1 July 2015

.........................................
P J H Telling
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Telling Investments Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents the gross amount of income received on fixed investments.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 January 2014		65,014			65,014
Additions		232			232
At 31 December 2014		65,246			65,246
Depreciation
At 31 December 2014		-			-
Net book value
At 31 December 2014		65,246			65,246
At 31 December 2013		65,014			65,014

Page 3

Telling Investments Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 4