Oceanic Properties Limited - Limited company - abbreviated - 11.6
Oceanic Properties Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2014 |
FOR |
OCEANIC PROPERTIES LIMITED |
OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 OCTOBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
OCEANIC PROPERTIES LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 OCTOBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |
ABBREVIATED BALANCE SHEET |
31 OCTOBER 2014 |
2014 | 2013 |
Notes | € | € |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on |
OCEANIC PROPERTIES LIMITED (REGISTERED NUMBER: 04942429) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the Year Ended 31 OCTOBER 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis and will have the continuing support of the |
shareholders. |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Tangible fixed assets |
Freehold property | - |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into euro at the rates of exchange ruling at the balance |
sheet date. Transactions in foreign currencies are translated into euro at the rate of exchange ruling at the date of |
transaction. Exchange differences are taken into account in arriving at the operating result. |
2. | TANGIBLE FIXED ASSETS |
Total |
€ |
COST |
At 1 November 2013 |
Impairments | (36,340 | ) |
At 31 October 2014 |
DEPRECIATION |
At 1 November 2013 |
Charge for year |
At 31 October 2014 |
NET BOOK VALUE |
At 31 October 2014 |
At 31 October 2013 |
In the year ended 31 October 2014 the property was revalued in line with the latest Greek Government |
figures.The original cost of the property was €600,000. |
3. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | € | € |
Ordinary | £1 |