Cambridge Funds Investment Co Limited - Limited company - abbreviated

REGISTERED NUMBER: 05991225 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

31 DECEMBER 2014

FOR

CAMBRIDGE FUNDS INVESTMENT CO LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

C D Qiu

REGISTERED OFFICE:

36 Barton Road

Cambridge

CB3 9LF

REGISTERED NUMBER:

05991225 (England and Wales)

ACCOUNTANTS:

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Cambridge Funds Investment Co Limited for the year ended

31 December 2014 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes

from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Cambridge Funds Investment Co Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cambridge Funds Investment Co Limited and state those matters that we have agreed to state to the director of Cambridge Funds Investment Co Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Cambridge Funds Investment Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cambridge Funds Investment Co Limited. You consider that Cambridge Funds Investment Co Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cambridge Funds

Investment Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

28 September 2015

FIXED ASSETS

Tangible assets

2

-

2,295

CURRENT ASSETS

Debtors

70,480

70,584

Cash at bank

21,982

38,296

92,462

108,880

CREDITORS

Amounts falling due within one year

9,777,872

9,080,940

NET CURRENT LIABILITIES

(9,685,410

)

(8,972,060

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,685,410

)

(8,969,765

)

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

(9,686,410

)

(8,970,765

)

SHAREHOLDERS' FUNDS

(9,685,410

)

(8,969,765

)

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 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.

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 director on 25 September 2015 and were signed by:

C D Qiu - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 2 years

Deferred tax

No provision has been made for deferred taxation as no timing differences are expected between the

recognition of gains and losses in the financial statements and their recognition for corporation tax

purposes.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of

exchange ruling at the date of the transaction.

Balances at the year end denominated in a foreign currency are translated into sterling at the rate of

exchange ruling at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

13,391

DEPRECIATION

At 1 January 2014

11,096

Charge for year

2,295

At 31 December 2014

13,391

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

2,295

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1,000

Ordinary

£1

1,000

4.	ULTIMATE CONTROLLING PARTY

The controlling party is C D Qiu by virtue of his ownership of 99.9% of the issued share capital of
the company.

5.	GOING CONCERN

The financial statements have been prepared on a going concern basis. In the opinion of the director

this is appropriate because he has undertaken to continue to support the company. The director's

current account is interest free and unsecured, and the director will not withdraw these funds in the

forthcoming year. The director has undertaken to introduce further funds if the need arises.

The director expects, therefore, that the company will be able to meet its liabilities as they fall due.

If the company was unable to continue trading, adjustments would have to be made to reduce the

value of the assets to their recoverable amount, to provide for any further liabilities which might arise,

and to reclassify fixed assets and long-term liabilities as current assets and liabilities.

Cambridge Funds Investment Co Limited - Limited company - abbreviated - 11.6

Cambridge Funds Investment Co Limited - Limited company - abbreviated - 11.6