Eventual Investments Limited - Limited company - abbreviated - 11.6
Eventual Investments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE PERIOD 28 MARCH 2014 TO 31 MARCH 2015 |
| FOR |
| EVENTUAL INVESTMENTS LIMITED |
| EVENTUAL INVESTMENTS LIMITED (REGISTERED NUMBER: 08965893) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Period 28 MARCH 2014 TO 31 MARCH 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| EVENTUAL INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| for the Period 28 MARCH 2014 TO 31 MARCH 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| EVENTUAL INVESTMENTS LIMITED (REGISTERED NUMBER: 08965893) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| 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. |
| The financial statements were approved by the director on |
| EVENTUAL INVESTMENTS LIMITED (REGISTERED NUMBER: 08965893) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Period 28 MARCH 2014 TO 31 MARCH 2015 |
| 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). |
| Investment property |
| Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes |
| in market value is transferred to a revaluation reserve. |
| In accordance with FRSSE (effective April 2008) investment properties are revalued annually and the aggregate |
| surplus or deficit is transferred to the revaluation reserve. No depreciation is provided in respect of investment |
| properties. |
| The Companies Act 2006 requires all properties to be depreciated. However this requirement conflicts with the |
| generally accepted accounting principle set out in FRSSE (effective April 2008). The director considers, that |
| because investment properties are not held for consumption, but for their investment potential, to depreciate them |
| would not give a true and fair view, and that it is necessary to depart from the Companies Act 2006 and adopt |
| FRSSE (effective April 2008) in order to give a true and fair view. |
| If this departure had not been made, the profit for the year would have been reduced by depreciation. The |
| amount of depreciation cannot reasonably be quantified because the useful economic life and residual value |
| cannot be determined. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| Additions |
| Revaluations |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| £ |
| Repayable by instalments | 72,822 |
| EVENTUAL INVESTMENTS LIMITED (REGISTERED NUMBER: 08965893) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Period 28 MARCH 2014 TO 31 MARCH 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 |
| The following shares were allotted and fully paid for cash at par during the period: |
| The Ordinary A and the Ordinary B Shares rank pari passu having the same rights and restrictions as set out in |
| the Memorandum and Articles of Association |