14CP_LTD - Accounts

14CP LTD - Company Information

Print Friendly Version

Company Registration No. 07622820 (England and Wales)

14CP LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

14CP LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

14CP LTD

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,016,009

Current assets

Debtors

104

246

Creditors: amounts falling due within one year

(1,011,706)

(1,013,114)

Net current liabilities

(1,011,602)

(1,012,868)

Total assets less current liabilities

4,407

3,141

Capital and reserves

Called up share capital

100

Profit and loss account

4,307

3,041

Shareholders' funds

4,407

3,141

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 January 2016

C Hugh-Jones

Director

Company Registration No. 07622820

14CP LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

No depreciation is provided in respect of freehold land and building.

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Fixed assets

Tangible assets

Cost

At 1 May 2014 & at 30 April 2015

1,016,009

At 30 April 2014

1,016,009

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100