VALE_LETCHWORTH_LIMITED - Accounts
VALE_LETCHWORTH_LIMITED - Accounts
Company Registration No. 06039492 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2013
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2013
- 1 -
2013
2012
Notes
£
£
£
£
Current assets
Debtors
Creditors: amounts falling due within one year
(1,013,281 )
(1,013,281 )
Total assets less current liabilities
(1,013,280 )
(1,013,280 )
Capital and reserves
Called up share capital
2
Profit and loss account
(1,013,281 )
(1,013,281 )
Shareholders' funds
(1,013,280 )
(1,013,280 )
Directors' responsibilities:
-
-
Approved by the Board for issue on 16 September 2014
Director
Company Registration No. 06039492
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013
- 2 -
1
Accounting policies
1.1
Accounting convention
As disclosed on the balance sheet of the financial statements the company had a deficiency of net assets at the balance sheet date and is dependent on the continued support of its holding company which has provided loans for working capital .The directors are of the opinion that this support will continue for the foreseeable future and therefore considers it appropriate to prepare the financial statements on a going concern basis.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
2
Share capital
2013
2012
£
£
Allotted, called up and fully paid
3
Ultimate parent company
The ultimate parent company is Vale Retail Limited, a company incorporated in England and Wales.