Classical World Limited - Limited company - abbreviated - 11.6
Classical World Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 December 2014 |
| for |
| Classical World Limited |
| Classical World Limited (Registered number: 05318613) |
| 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 | 4 |
| Statement by the Director | 6 |
| Chartered Certified Accountant's Independent Assurance Report |
7 |
| Classical World Limited |
| Company Information |
| for the Year Ended 31 December 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Classical World Limited (Registered number: 05318613) |
| Abbreviated Balance Sheet |
| 31 December 2014 |
| 31.12.14 | 31.12.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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. |
| Classical World Limited (Registered number: 05318613) |
| Abbreviated Balance Sheet - continued |
| 31 December 2014 |
| The financial statements were approved by the director on |
| Classical World Limited (Registered number: 05318613) |
| 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 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. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 28,000 |
| At 31 December 2014 | 28,000 |
| NET BOOK VALUE |
| At 31 December 2014 |
| Classical World Limited (Registered number: 05318613) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2014 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| 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 | 5,058 | 1,754 |
| Profit for the year | 3,304 | 68,681 |
| On 30 December 2014 Classical World Limited agreed to purchase 100% of the share capital of Classical |
| International Limited from all of it's current shareholders for a total price of £28,000 and the shares were |
| transferred to the company. At the year end date £8,000 had been paid for the shares. The remaining £20,000 |
| will be paid during 2015. |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
| value: | £ | £ |
| Ordinary | 1 |
| Statement by the Director |
| on the Unaudited Financial Statements of |
| Classical World Limited |
| I confirm that as a director I have met my duty in accordance with the Companies Act 2006 to: |
| - | ensure that the company has kept proper accounting records; |
| - | prepare financial statements which give a true and fair view of the state of the company as at 31 December 2014 and of its profit for that period in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008); and |
| - | follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements. |
| 29 September 2015 |
| Chartered Certified Accountant's Independent Assurance Report |
| to the Director |
| on the Unaudited Financial Statements of |
| Classical World Limited |
| I have performed certain procedures in respect of the company's unaudited financial statements for the year ended 31 December 2014 on pages nil to nil, made enquiries of the company's director and assessed accounting policies adopted by the director, in order to gather sufficient evidence for my conclusion in this report. |
| This report is made solely to the company's director in accordance with my terms of engagement. It has been released |
| to the director on the basis that this report shall not be copied, referred to or disclosed, in whole (save for the |
| director's own internal purposes or as may be required by law or by a competent regulator) or in part, without my |
| prior written consent. My work has been undertaken so that I might state to the director those matters that I have |
| agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, I do not accept |
| or assume responsibility to anyone other than the company and the company's director for my work, for this report or |
| the conclusions I have formed. |
| Respective responsibilities |
| You have confirmed that you have met your duty as set out in the director's statement on page nil. You consider that the company is exempt from the statutory requirement for an audit for the year. My responsibility is to form and express an independent conclusion, based on the work carried out, to you on the financial statements. |
| Scope |
| I conducted my engagement in accordance with the Institute of Chartered Accountants in England & Wales Interim |
| Technical Release AAF 03/06. My work was based primarily upon enquiry, analytical procedures and assessing |
| accounting policies in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). If I |
| considered it to be necessary, I also performed limited examination of evidence relevant to certain balances and |
| disclosures in the financial statements where I became aware of matters that might indicate a risk of material |
| misstatement in the financial statements. |
| The terms of my engagement exclude any requirement to carry out a comprehensive assessment of the risks of |
| material misstatement, a consideration of fraud, laws, regulations or internal controls, and I have not done so. I am |
| not required to, and I do not, express an audit opinion on these financial statements. |
| Conclusion |
| Based on my work, nothing has come to my attention to refute the director's confirmation that in accordance with the |
| Companies Act 2006 the financial statements give a true and fair view of the state of the company's affairs as at |
| 31 December 2014 and of its profit for the year then ended and have been properly prepared in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Date: ............................................. |