Aberdare Investments (U.K.) Limited - Abbreviated accounts
Aberdare Investments (U.K.) Limited - Abbreviated accounts
Registered number |
Aberdare Investments (U.K.) Limited | ||||
Report to the directors on the preparation of the unaudited abbreviated accounts of Aberdare Investments (U.K.) Limited for the year ended 31 December 2014 | ||||
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Aberdare Investments (U.K.) Limited for the year ended 31 December 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. | ||||
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
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Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. | ||||
Dove Accountants, Tax & Business Advisors | ||||
Chartered Certified Accountants | ||||
Suite 2, The Wellington | ||||
78 High Street | ||||
Uttoxeter | ||||
Staffordshire | ||||
ST14 7JD | ||||
26 August 2015 | ||||
Registered number: | |||||||
Abbreviated Balance Sheet | |||||||
as at |
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Notes | 2014 | 2013 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 2 | ||||||
Current assets | |||||||
Debtors | - | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | ( |
( |
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Net current liabilities | ( |
( |
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Total assets less current liabilities | |||||||
Creditors: amounts falling due after more than one year | ( |
- | |||||
Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | 4 | ||||||
Revaluation reserve | |||||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
M C Milner | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Abbreviated Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Depreciation | ||||||||
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. | ||||||||
Office equipment | ||||||||
Deferred taxation | ||||||||
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. | ||||||||
Investment properties | ||||||||
Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the act is required in order to give a true and fair view. |
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Financial instruments | ||||||||
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. | ||||||||
2 | Tangible fixed assets | £ | ||||||
Cost | ||||||||
At 1 January 2014 | ||||||||
At 31 December 2014 | ||||||||
Depreciation | ||||||||
At 1 January 2014 | ||||||||
Charge for the year | ||||||||
At 31 December 2014 | ||||||||
Net book value | ||||||||
At 31 December 2014 | ||||||||
At 31 December 2013 | ||||||||
3 | Loans | 2014 | 2013 | |||||
£ | £ | |||||||
Creditors include: | ||||||||
Aggregate secured creditors | - | |||||||
4 | Share capital | Nominal | 2014 | 2014 | 2013 | |||
value | Number | £ | £ | |||||
Allotted, called up and fully paid: | ||||||||
£ |
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