Abbreviated Company Accounts - PRESCIENCE INVESTMENTS LTD

PRESCIENCE INVESTMENTS LTD - Company Information

07224224 PRESCIENCE INVESTMENTS LTD 2015-04-30 false 2014-05-01 2015-04-30 true 07224224 2014-05-01 2015-04-30 07224224 2015-04-30 07224224 2014-04-30 07224224 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 07224224 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:USD shares

Registered Number 07224224

PRESCIENCE INVESTMENTS LTD

Abbreviated Accounts

30 April 2015

PRESCIENCE INVESTMENTS LTD Registered Number 07224224

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		$	$
Fixed assets
Investments	2	1,363	1,363
		1,363	1,363
Current assets
Debtors		1,041,000	-
Investments		310,076	5,921
Cash at bank and in hand		1,779,097	491,102
		3,130,173	497,023
Creditors: amounts falling due within one year		(46,129)	(681,500)
Net current assets (liabilities)		3,084,044	(184,477)
Total assets less current liabilities		3,085,407	(183,114)
Creditors: amounts falling due after more than one year		(2,726,887)	-
Total net assets (liabilities)		358,520	(183,114)
Capital and reserves
Called up share capital	3	139,005	139,005
Profit and loss account		219,515	(322,119)
Shareholders' funds		358,520	(183,114)

For the year ending 30 April 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 30 April 2015

And signed on their behalf by:
ATHINOULLA NEOPHYTOU, Director

PRESCIENCE INVESTMENTS LTD Registered Number 07224224

Notes to the Abbreviated Accounts for the period ended 30 April 2015

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.

2Fixed assets Investments
AT MAY 2013 1363 US$
AT MAY 2014 1363 US$
AT MAY 2015 1363 US$

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

	2015 $	2014 $
90,000 Ordinary shares of $1.5445 each	139,005	139,005