Edonia UK Limited - Accounts

Registered number

08229495

Edonia UK Limited

Report and Accounts

31 December 2014

Edonia UK Limited
Report and accounts
Contents




	Page

Company information	1
Director's report	2
Profit and loss account	3
Balance sheet	4
Notes to the accounts	5 to 6

Edonia UK Limited

Company Information

Director

B Bateson

Secretary

Mayside Secretaries Limited

Accountants

Mann Made Accounting Services Limited

19-21 Circular Road

Douglas

Isle of Man

IM1 1AF

Registered office

Fourth Floor

20 Margaret Street

London

United Kingdom

W1W 8RS

Registered number

08229495

Edonia UK Limited
Registered number:		08229495
Director's Report

The director presents his report and accounts for the year ended 31 December 2014.

Principal activities
The company's principal activity during the year continued to be that of the provision of nominee services.

Directors
The following persons served as directors during the year:

	B Bateson (Appointed 1 August 2014)
	A Gilfillan (Resigned 1 August 2014)

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 24 December 2015 and signed on its behalf.





B Bateson
Director

Edonia UK Limited
Profit and Loss Account
for the year ended 31 December 2014


Notes		2014		2013
€			€

Turnover		12,888		12,258

Administrative expenses		(17,017)		(30,728)

Operating loss		(4,129)		(18,470)

Exceptional items:
Loans written off	2	(422,556)		-

		(426,685)		(18,470)

Other interest receivable and similar income	3	13,686		357

Loss on ordinary activities before taxation		(412,999)		(18,113)

Tax on loss on ordinary activities		-		-

Loss for the financial year		(412,999)		(18,113)

Edonia UK Limited
Balance Sheet
as at 31 December 2014

Notes			2014			2013
€				€
Current assets
Debtors	4	16,337			399,821
Cash at bank and in hand		43,336			47,777
		59,673			447,598

Creditors: amounts falling due within one year	5	(489,532)			(464,458)

Net current liabilities			(429,859)			(16,860)

Net liabilities			(429,859)			(16,860)

Capital and reserves
Called up share capital	6		1,253			1,253
Profit and loss account	7		(431,112)			(18,113)

Shareholder's funds			(429,859)			(16,860)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




B Bateson
Director
Approved by the board on 24 December 2015

Edonia UK Limited
Notes to the Accounts
for the year ended 31 December 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	The financial statements have been prepared on the going concern basis. This is considered appropriate as the company's shareholders and creditors will continue to provide financial support to the company for the foreseeable future. Should the company be unable to continue trading, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities which might arise.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2	Exceptional Items					2014		2013
€							€

	Loan written off					422,556		-


3	Other interest receivable and similar income					2014		2013
						€		€

	Loan interest receivable					13,686		357


2	Debtors					2014		2013
€							€

	Other debtors					16,337		399,821


3	Creditors: amounts falling due within one year					2014		2013
€							€

	Other creditors					489,532		464,458


4	Share capital	Nominal		2014		2014		2013
value			Number		€		€
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1,000		1,253		1,253


5	Profit and loss account					2014
€

	At 1 January 2014					(18,113)
	Loss for the year					(412,999)

	At 31 December 2014					(431,112)


6	Ultimate controlling party

	The Directors are aware of the identity of the ultimate controlling party. However they are under a duty of confidentiality that prevents them from disclosing certain information required by Financial Reporting Standard No. 8. Therefore they have taken exemption offered by the Standard in respect of confidentiality.