Abbreviated Company Accounts - PORT MEADOW INVESTMENTS LTD

Abbreviated Company Accounts - PORT MEADOW INVESTMENTS LTD

PORT MEADOW INVESTMENTS LTD - Company Information

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Registered Number 08576492

PORT MEADOW INVESTMENTS LTD

Abbreviated Accounts

30 June 2015

PORT MEADOW INVESTMENTS LTD Registered Number 08576492

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
€ €
Current assets
Debtors 5,211 2,580
Cash at bank and in hand 4,435,007 4,253,497
4,440,218 4,256,077
Creditors: amounts falling due within one year (45,739) (14,906)
Net current assets (liabilities) 4,394,479 4,241,171
Total assets less current liabilities 4,394,479 4,241,171
Total net assets (liabilities) 4,394,479 4,241,171
Capital and reserves
Called up share capital 4,200,000 4,200,000
Profit and loss account 194,479 41,171
Shareholders' funds 4,394,479 4,241,171
  • For the year ending 30 June 2015 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 29 October 2015

And signed on their behalf by:
Paolo Bocchiotti, Director

PORT MEADOW INVESTMENTS LTD Registered Number 08576492

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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 Standard for Smaller Entities effective April 2008.

Other accounting policies
CASH FLOW
The financial statements do not include a Cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities

FOREIGN CURRENCIES
Monetary assets and liabilities denominated in foreign currencies are translated into Euro at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into Euro at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the profit and loss account

COMPARATIVE INFORMATION
The comparative figures relate to the period from 19 June 2013 to 30 June 2014, while these financial statements relate to the year from 1 July 2014 to 30 June 2015.