LONDON_AND_REGIONAL_PROPE - Accounts
LONDON_AND_REGIONAL_PROPE - Accounts
Company Registration No. 03675873 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Investments
2
Current assets
Debtors
Creditors: amounts falling due within one year
(558,931 )
(558,931 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Other reserves
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 24 September 2014
Director
Company Registration No. 03675873
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
1
Accounting policies
1.1
Accounting convention
The financial statements have been prepared on the basis that the fundamental accounting concept of going concern is applied. Following a review of the company's accounting records, it is considered that the company will be able to continue in operational existence for the foreseeable future. A principal component in ensuring that the company will continue in operational existence is the continued provision of adequate borrowing facilities from the company's directors. The company has received confirmation from the directors that support will be provided for a period of not less than one year from the date of approval of the financial statements. On this basis the directors consider that the going concern concept continues to be appropriate and has therefore been applied.
1.2
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.3
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
2
Fixed assets
Investments
£
Cost
At 1 April 2013 & at 31 March 2014
106
At 31 March 2013
106
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Ordinary
Ordinary
Ordinary
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2014
2014
Principal activity
£
£
122,499
2,822
352,296
(47,668)
(407,180)
-
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid