Addidi Holdings Limited - Limited company - abbreviated

REGISTERED NUMBER: 06396374 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

ADDIDI HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs A Sofat

J Sofat

REGISTERED OFFICE:

47 Pilgrims Road

Halling

Rochester

Kent

ME2 1HN

REGISTERED NUMBER:

06396374 (England and Wales)

ACCOUNTANTS:

Sage & Co

Chartered Accountants

38A High Street

Northwood

Middlesex

HA6 1BN

FIXED ASSETS

Tangible assets

2

3,507

4,384

Investments

3

100

3,607

4,484

CURRENT ASSETS

Debtors

15,000

36,449

Cash at bank

11,070

2,464

26,070

38,913

CREDITORS

Amounts falling due within one year

1,767

6,875

NET CURRENT ASSETS

24,303

32,038

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,910

36,522

CAPITAL AND RESERVES

Called up share capital

4

2,000

Share premium

249,501

Profit and loss account

(223,591

)

(214,979

)

SHAREHOLDERS' FUNDS

27,910

36,522

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 July 2015 and were signed
on its behalf by:

J Sofat - 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).

Preparation of consolidated financial statements

The financial statements contain information about Addidi Holdings Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The

company has taken the option under Section 398 of the Companies Act 2006 not to prepare

consolidated financial statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the

company qualifies as a small company.

Turnover

Turnover which excludes value added tax, represents income received in the ordinary course of

the business in respect of the company's activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment and furniture - 20% on reducing balance

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation

computations in periods different from those in which they are included in the company's

financial statements. Deferred tax is provided in full on timing differences which result in an

obligation to pay more (or less) tax at a future date, at the average tax rates that are expected

to apply when the timing differences reverse, based on current tax rates and laws.

Fixed asset investment

Investments held as fixed assets are stated at cost less provision for any permanent diminution

in value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

6,753

DEPRECIATION

At 1 January 2014

2,369

Charge for year

877

At 31 December 2014

3,246

NET BOOK VALUE

At 31 December 2014

3,507

At 31 December 2013

4,384

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

100

NET BOOK VALUE

At 31 December 2014

100

At 31 December 2013

100

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

the following:

Addidi Wealth Ltd

Nature of business: Financial planning services

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

Aggregate capital and reserves

147,586

101,907

Profit for the year

45,679

76,586

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,000

Ordinary

£1

1,000

"B" Shares

£1

1,000

2,000

Addidi Holdings Limited - Limited company - abbreviated - 11.6

Addidi Holdings Limited - Limited company - abbreviated - 11.6