Wheelin International Holding (U.K.) Lim - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06190354 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Wheelin International Holding (U.K.)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Andrew Knibb

REGISTERED OFFICE:

27 Old Gloucester Street

London

WC1N 3XX

REGISTERED NUMBER:

06190354 (England and Wales)

ACCOUNTANTS:

Bath Accountancy Services

40 Shakespeare Avenue

Bath

BA2 4RF

FIXED ASSETS

Investments

2

3,214,919

3,214,919

CURRENT ASSETS

Debtors

3,359,300

1,231,512

Cash at bank

39,740

3,897

3,399,040

1,235,409

CREDITORS

Amounts falling due within one year

1,904,993

515,897

NET CURRENT ASSETS

1,494,047

719,512

TOTAL ASSETS LESS CURRENT LIABILITIES

4,708,966

3,934,431

CREDITORS

Amounts falling due after more than one year

3,071,817

3,819,817

NET ASSETS

1,637,149

114,614

CAPITAL AND RESERVES

Called up share capital

3

194

194

Profit and loss account

1,636,955

114,420

SHAREHOLDERS' FUNDS

1,637,149

114,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 30 December 2015 and were signed by:

Andrew Knibb - 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).

Foreign currencies

Assets and liabilities in foreign currencies are translated into US dollars at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into US dollars at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

$

COST

At 1 April 2014

and 31 March 2015

3,214,919

NET BOOK VALUE

At 31 March 2015

3,214,919

At 31 March 2014

3,214,919

The company's investments at the Balance Sheet date in the share capital of companies include the following:

JMS Makina San.Ve Tic.As

Country of incorporation: Turkey

Nature of business: Manufacturing

%

Class of shares:

holding

Ordinary

85.80

31.3.15

31.12.13

$

$

Aggregate capital and reserves

11,533,862

5,298,249

Profit for the year

2,482,412

1,162,806

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

$

$

100

Ordinary

£1

194

194