Golden Construction Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03808292 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

GOLDEN CONSTRUCTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L R Dann

SECRETARY:

Tilbury Young Ltd

REGISTERED OFFICE:

Almac House

Church Lane

Bisley

Surrey

GU24 9DR

REGISTERED NUMBER:

03808292 (England and Wales)

ACCOUNTANTS:

Tilbury Young

Chartered Accountants

Almac House

Church Lane

Bisley

Woking

Surrey

GU24 9DR

CURRENT ASSETS

Debtors

40,548

145,687

Cash at bank

1,072,304

366,302

1,112,852

511,989

CREDITORS

Amounts falling due within one year

142,373

126,818

NET CURRENT ASSETS

970,479

385,171

TOTAL ASSETS LESS CURRENT LIABILITIES

970,479

385,171

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

970,478

385,170

SHAREHOLDERS' FUNDS

970,479

385,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 1 September 2014 and were signed by:

L R Dann - 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).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced for services

during the year. Revenue is recognised as the contractual activity progresses.

Foreign currencies

The company's functional currency is the United States Dollar, and thus the accounts are

stated in dollars. Assets and liabilities in other currencies are translated at the rates of

exchange ruling at the balance sheet date. Transactions in foreign currencies are translated

at the rate of exchange ruling at the date of transaction. Exchange differences are taken

into account in arriving at the operating result.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the

contractual arrangement, as either financial assets, financial liabilities or equity instruments.

An equity instrument is any contract that evidences a residual interest in the assets of the

company after deducting all of its liabilities.

2.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2013

2012

value:

$

$

1

Ordinary

$1

1

1

3.	RELATED PARTY DISCLOSURES

During the year, the company incurred service charges from its parent, D4 Power Limited, in

the sum of $42,000 (2012 $36,000). No amounts were outstanding at the balance sheet

date.

4.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is D4 Power Limited, a company incorporated in England and

Wales. The ultimate controlling party is L R Dann by virtue of his controlling shareholding in

the ultimate parent company.