Abbreviated Company Accounts - PRANDIAL LIMITED

04998447 PRANDIAL LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04998447 2014-01-01 2014-12-31 04998447 2014-12-31 04998447 2013-12-31 04998447 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04998447 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04998447

PRANDIAL LIMITED

Abbreviated Accounts

31 December 2014

PRANDIAL LIMITED Registered Number 04998447

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	2,687,584	2,684,062
		2,687,584	2,684,062
Current assets
Cash at bank and in hand		20	-
		20	-
Creditors: amounts falling due within one year		(551)	(564)
Net current assets (liabilities)		(531)	(564)
Total assets less current liabilities		2,687,053	2,683,498
Creditors: amounts falling due after more than one year		(2,444,586)	(2,597,884)
Total net assets (liabilities)		242,467	85,614
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		242,466	85,613
Shareholders' funds		242,467	85,614

For the year ending 31 December 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 24 September 2015

And signed on their behalf by:
Bruce Currie, Director

PRANDIAL LIMITED Registered Number 04998447

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards.

Intangible assets amortisation policy
Fixed asset investments
Investments are valued at cost less provision for permanent diminution of value.

Other accounting policies
Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

2Fixed assets Investments
Subsidiary Undertaking £2,687,584 (2013 - £2,684,062).

The company owns 100% of the share capital in Howard Estates SL, a company registered in Spain.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1