Eagle One Realty Limited - Period Ending 2015-03-31

Registration number: 04573216

Eagle One Realty Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Eagle One Realty Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Eagle One Realty Limited
(Registration number: 04573216)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Current assets
Cash at bank and in hand					1			1
Creditors: Amounts falling due within one year					-			(135,224)
Total assets less current liabilities					1			(135,223)
Creditors: Amounts falling due after more than one year					-			(591,027)
Net assets/(liabilities)					1			(726,250)
Capital and reserves
Called up share capital		2			1			1
Profit and loss account					-			(726,251)
Shareholders' funds/(deficit)					1			(726,250)

For the year ending 31 March 2015 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the Board on 4 December 2015 and signed on its behalf by:

P J Goodes
 Director

The notes on page 2 form an integral part of these financial statements.
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Eagle One Realty Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The company has net liabilities.

Included within creditors falling due after one year is a loan from a group company. In the opinion of the directors this loan will continue to be available for the foreseeable future and the company will be able to pay its other liabilities when they fall due.

Accordingly, the directors believe that the company will be able to continue as a going concern and the accounts have been prepared on the going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers and is recognised on legal completion.

Deferred tax

Where material, deferred tax is recognised in respect of timing differences that have originated but not reversed by the balance sheet date. Deferred tax balances are not discounted.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary share of £1 each		1			1			1			1

3

Control

The company's ultimate parent company is Eagle One Investment Holdings Limited .

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