CONFUCIUS_HOLDINGS_LIMITE - Accounts
CONFUCIUS_HOLDINGS_LIMITE - Accounts
Company Registration No. 02395650 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(417,436 )
(400,971 )
Net current liabilities
(414,369 )
(395,793 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(562,742 )
(630,937 )
384,533
334,914
Capital and reserves
Called up share capital
5
Share premium account
Revaluation reserve
Profit and loss account
(62,067 )
(111,686 )
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 19 February 2016
Director
Company Registration No. 02395650
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
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).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
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.
Land and buildings Freehold
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 April 2014 & at 31 March 2015
1,361,644
At 31 March 2014
1,361,644
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £60,000 (2014 - £60,000).
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
4
Creditors: amounts falling due after more than one year
2015
2014
£
£
Analysis of loans repayable in more than five years
Total not repayable by instalments and due in more than five years
322,742
390,937
The aggregate amount of creditors for which security has been given amounted to £622,742 (2014 - £630,937).
5
Share capital
2015
2014
£
£
Allotted, called up and fully paid