Abbreviated Company Accounts - BRIT TRANSINVEST CORPORATION LTD

BRIT TRANSINVEST CORPORATION LTD - Company Information

07549153 BRIT TRANSINVEST CORPORATION LTD 2015-03-31 false 2014-04-01 2015-03-31 true 07549153 2014-04-01 2015-03-31 07549153 2015-03-31 07549153 2014-03-31 07549153 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07549153 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07549153

BRIT TRANSINVEST CORPORATION LTD

Abbreviated Accounts

31 March 2015

BRIT TRANSINVEST CORPORATION LTD Registered Number 07549153

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	1,542,990	-
		1,542,990	-
Current assets
Debtors		241	1
Cash at bank and in hand		184	-
		425	1
Creditors: amounts falling due within one year		(2,862)	-
Net current assets (liabilities)		(2,437)	1
Total assets less current liabilities		1,540,553	1
Creditors: amounts falling due after more than one year		(1,545,965)	-
Total net assets (liabilities)		(5,412)	1
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(5,413)	-
Shareholders' funds		(5,412)	1

For the year ending 31 March 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 December 2015

And signed on their behalf by:
C D Van Heerden, Director

BRIT TRANSINVEST CORPORATION LTD Registered Number 07549153

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.
The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

Other accounting policies
Cash flow
The company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Investments
Investments held as fixed assets are shown at cost.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Profit and loss account.

2Fixed assets Investments
Subsidiary undertakings
The following were subsidiary undertakings of the company:
Agrosystem Ltd Ordinary 100%
The aggregate of the share capital and reserves as at 31 March 2015 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Agrosystem Ltd
Aggregate of share capital and reserves - £323,302
Profit/(Loss) - (759,602)

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1