Abbreviated Company Accounts - ASSET COLUMN LIMITED

ASSET COLUMN LIMITED - Company Information

05297190 ASSET COLUMN LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 05297190 2013-07-01 2014-06-30 05297190 2014-06-30 05297190 2013-06-30 05297190 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 05297190 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 05297190

ASSET COLUMN LIMITED

Abbreviated Accounts

30 June 2014

ASSET COLUMN LIMITED Registered Number 05297190

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	262,324	268,921
		262,324	268,921
Current assets
Debtors		40,509	84,478
Cash at bank and in hand		3,225	-
		43,734	84,478
Creditors: amounts falling due within one year		(110,329)	(125,905)
Net current assets (liabilities)		(66,595)	(41,427)
Total assets less current liabilities		195,729	227,494
Creditors: amounts falling due after more than one year		(244,394)	(244,394)
Total net assets (liabilities)		(48,665)	(16,900)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(48,667)	(16,902)
Shareholders' funds		(48,665)	(16,900)

For the year ending 30 June 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 9 July 2015

And signed on their behalf by:
Mr C L Jones, Director

ASSET COLUMN LIMITED Registered Number 05297190

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
At the balance sheet date the company shows net liabilities and in order to maintain its going concern status it relies on the continued support of it's shareholders.

Turnover policy
Turnover represents amounts receivable for consultancy services.

Valuation information and policy
Fixed asset investments are stated at cost less provision for diminution in value.

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Fixed assets Investments
Asset Column Limited holds 33% of the share capital of Crossover Capital Limited a company registered in the United Kingdom whose principal activity is the advisory, financing and operation of alternative investment activities. For the year ended 30 June 2014 the company the company made a loss of £16,195 and its capital and reserves at the year end was £(4,225).

The company also holds 2.27% of the preference shares and 2.4% of the ordinary shares of Exchange Juhu Limited,a company registered in Mauritius.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2