Ski Chalets Klosters Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07825393 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Ski Chalets Klosters Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G Norton

REGISTERED OFFICE:

38 Connaught Square

London

London

W2 2HL

REGISTERED NUMBER:

07825393 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Investments

2

13,536

13,536

CURRENT ASSETS

Debtors

14,450

-

Cash at bank

42,427

57,759

56,877

57,759

CREDITORS

Amounts falling due within one year

70,252

86,263

NET CURRENT LIABILITIES

(13,375

)

(28,504

)

TOTAL ASSETS LESS CURRENT LIABILITIES

161

(14,968

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

160

(14,969

)

SHAREHOLDERS' FUNDS

161

(14,968

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 20 July 2015 and were signed by:

G Norton - 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).

Turnover

Turnover represents amounts invoiced for holidays with a departure date during the period, not including value

added tax.

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2013

and 31 October 2014

13,536

NET BOOK VALUE

At 31 October 2014

13,536

At 31 October 2013

13,536

The company's investments at the Balance Sheet date in the share capital of companies include the following:

SCK SARL

Country of incorporation: Switzerland

Nature of business: Chalet operator

%

Class of shares:

holding

Ordinary

100.00

31.10.14

31.10.13

£

£

Aggregate capital and reserves

6,474

3,940

Profit for the year

3,033

2,487

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

1

Ordinary

1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, G Norton had a debit balance of £12,560 (2013: credit balance of £11,130) on her director loan

account. £5,000 of the overdrawn loan was repaid within 9 months of the year end and appropriate taxes were

paid on the resultant overdrawn director loan.