Abbreviated Company Accounts - EASTVENTURE LIMITED

EASTVENTURE LIMITED - Company Information

04944153 EASTVENTURE LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04944153 2013-12-01 2014-11-30 04944153 2014-11-30 04944153 2013-11-30 04944153 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04944153 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04944153

EASTVENTURE LIMITED

Abbreviated Accounts

30 November 2014

EASTVENTURE LIMITED Registered Number 04944153

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	199	234
Investments	3	1,837	1,837
		2,036	2,071
Current assets
Debtors		5,789	5,789
Cash at bank and in hand		1,282	1,285
		7,071	7,074
Creditors: amounts falling due within one year		(4,038)	(4,038)
Net current assets (liabilities)		3,033	3,036
Total assets less current liabilities		5,069	5,107
Provisions for liabilities		(23)	(33)
Total net assets (liabilities)		5,046	5,074
Capital and reserves
Called up share capital	4	9,000	9,000
Profit and loss account		(3,954)	(3,926)
Shareholders' funds		5,046	5,074

For the year ending 30 November 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 28 August 2015

And signed on their behalf by:
Mr J Daniels, Director

EASTVENTURE LIMITED Registered Number 04944153

Notes to the Abbreviated Accounts for the period ended 30 November 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).

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 15% reducing balance basis

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the
treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Foreign currency translation
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.

Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

2Tangible fixed assets

	£
Cost
At 1 December 2013	1,131
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	1,131
Depreciation
At 1 December 2013	897
Charge for the year	35
On disposals	-
At 30 November 2014	932
Net book values
At 30 November 2014	199
At 30 November 2013	234

3Fixed assets Investments
The company holds more than 20% of the share capital of the following companies:

EastVenture Eesti OU Estonia ORDINARY 100.00

In the opinion of the director the current value of these investments exceeds cost.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
9,000 Ordinary shares of £1 each	9,000	9,000