Dalex Shipping Company (London) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01119239 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2014

for

Dalex Shipping Company (London) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr G D Dalacouras

Mrs H Dalacouras

Mrs K Dalacouras

SECRETARY:

Mrs K Dalacouras

REGISTERED OFFICE:

Flat 4a

163-169 Brompton Road

Knightsbridge

London

SW3 1PY

REGISTERED NUMBER:

01119239 (England and Wales)

ACCOUNTANTS:

SB&P LLP

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

CURRENT ASSETS

Investments

406

406

Cash at bank

10,065

9,275

10,471

9,681

CREDITORS

Amounts falling due within one year

877

870

NET CURRENT ASSETS

9,594

8,811

TOTAL ASSETS LESS CURRENT LIABILITIES

9,594

8,811

CREDITORS

Amounts falling due after more than one year

44,578

41,615

NET LIABILITIES

(34,984

)

(32,804

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

(35,084

)

(32,904

)

SHAREHOLDERS' FUNDS

(34,984

)

(32,804

)

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 24 June 2015 and were signed on its behalf by:

Mr G D Dalacouras - 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).

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100

3.	RELATED PARTY DISCLOSURES

Dalex Shipping Co S.A. of Greece

A company in which Mr G D Dalacouras is a shareholder

During the year the above paid £2,963 (2013: £2,970) of expenses on behalf of the company.

31.12.14

31.12.13

£

£

Amount due to related party at the balance sheet date

44,578

41,615