Ron De Young Resources Ltd - Limited company - abbreviated - 11.6
Ron De Young Resources Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 December 2014 |
| for |
| Ron De Young Resources Ltd |
| Ron De Young Resources Ltd (Registered number: 03602666) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Ron De Young Resources Ltd |
| Company Information |
| for the Year Ended 31 December 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Ron De Young Resources Ltd (Registered number: 03602666) |
| Abbreviated Balance Sheet |
| 31 December 2014 |
| 31.12.14 | 31.12.13 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| Ron De Young Resources Ltd (Registered number: 03602666) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Investment property |
| Investment property is revalued annually and the aggregate surplus or deficit arising from changes in the market |
| value is transferred to the revaluation reserve. No provision is made for depreciation on investment property. |
| This is a departure from the provisions of the Companies Act 2006. However, this policy is in accordance with |
| the Financial Reporting Standards for Smaller Entities and is preferred by the directors in order for the accounts |
| to give a true and fair view. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 | 242,397 |
| NET BOOK VALUE |
| At 31 December 2014 | 242,397 |
| At 31 December 2013 | 242,397 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 55,261 | 24,117 |
| Profit for the year | 31,144 | 13,510 |
| Ron De Young Resources Ltd (Registered number: 03602666) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 January 2014 |
| Revaluations |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 | 1,453,608 |
| At 31 December 2013 | 1,103,608 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
| value: | £ | £ |
| Ordinary | £1.00 |