Drummond Coal Limited


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Registered number: 1766856
Drummond Coal Limited
Abbreviated accounts
For The Year Ended 31 December 2014
Lichfield & Co.

91 Sunnyhill Road
Streatham
London
SW16 2UG
Abbreviated Balance Sheet
2014 2013
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year (6,989,377) (6,561,484)
NET CURRENT ASSETS (LIABILITIES) (6,989,377) (6,561,484)
TOTAL ASSETS LESS CURRENT LIABILITIES (6,989,377) (6,561,484)
NET ASSETS (6,989,377) (6,561,484)
CAPITAL AND RESERVES
Called up share capital 2 1,000 1,000
Profit and Loss account (6,990,377) (6,562,484)
SHAREHOLDERS' FUNDS (6,989,377) (6,561,484)
For the year ending 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr M Missiroli
08/09/2015
Page 1
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Share Capital
Value Number 2014 2013
Allotted, called up and fully paid: £ £ £
Ordinary shares 1.000 1000 1,000 1,000
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