Abbreviated Company Accounts - FUTURE REAL ESTATE LIMITED

Abbreviated Company Accounts - FUTURE REAL ESTATE LIMITED


Registered Number 07291933

FUTURE REAL ESTATE LIMITED

Abbreviated Accounts

31 December 2013

FUTURE REAL ESTATE LIMITED Registered Number 07291933

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
Fixed assets
Tangible assets 2 6,000 6,000
Investments 3 714,200 714,200
720,200 720,200
Current assets
Cash at bank and in hand 200 200
200 200
Creditors: amounts falling due within one year (3,480) (27,862)
Net current assets (liabilities) (3,280) (27,662)
Total assets less current liabilities 716,920 692,538
Creditors: amounts falling due after more than one year (751,743) (723,152)
Total net assets (liabilities) (34,823) (30,614)
Capital and reserves
Called up share capital 1 1
Profit and loss account (34,824) (30,615)
Shareholders' funds (34,823) (30,614)
  • For the year ending 31 December 2013 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 17 September 2014

And signed on their behalf by:
Mrs Andreea Ecaterina Mocanu, Director

FUTURE REAL ESTATE LIMITED Registered Number 07291933

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Going concern
The financial statements have been prepared on a going concern basis.

Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

2Tangible fixed assets
Cost
At 1 January 2013 6,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 6,000
Depreciation
At 1 January 2013 -
Charge for the year -
On disposals -
At 31 December 2013 -
Net book values
At 31 December 2013 6,000
At 31 December 2012 6,000

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.