Abbreviated Company Accounts - SARCON (NO. 190) LIMITED

SARCON (NO. 190) LIMITED - Company Information

NI057167 SARCON (NO. 190) LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true NI057167 2014-01-01 2014-12-31 NI057167 2014-12-31 NI057167 2013-12-31 NI057167 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 NI057167 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number NI057167

SARCON (NO. 190) LIMITED

Abbreviated Accounts

31 December 2014

SARCON (NO. 190) LIMITED Registered Number NI057167

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		-	25,967
		-	25,967
Creditors: amounts falling due within one year		(1,710)	(1,090,029)
Net current assets (liabilities)		(1,710)	(1,064,062)
Total assets less current liabilities		(1,710)	(1,064,062)
Total net assets (liabilities)		(1,710)	(1,064,062)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(1,712)	(1,064,064)
Shareholders' funds		(1,710)	(1,064,062)

For the year ending 31 December 2014 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 2 December 2015

And signed on their behalf by:
Desmond Nugent, Director

SARCON (NO. 190) LIMITED Registered Number NI057167

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the financial reporting standards. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements.

Other accounting policies
Cash flow statement
The company has availed of the exemption in FRS 1 from the requirement to produce a cash flow statement because it is classed as a small company.

Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measure on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date.

Parent Company
The company regards Nara Developments Limited, incorporated in Northern Ireland, with a registered address of 16 Fairhill Road, Cookstown, Co.Tyrone, BT80 8AQ as its parent company.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2