Accounts filed on 30-06-2015

Accounts filed on 30-06-2015

K2 INVESTMENT (TRICERION) LTD - Company Information

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2014-07-012015-06-3006817135falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-07-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-07-012015-06-30http://www.companieshouse.gov.uk/pt:FixedAssetInvestmentsOtherThanLoans2014-07-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-06-30http://www.companieshouse.gov.uk/pt:FixedAssetInvestmentsOtherThanLoans2014-06-30http://www.companieshouse.gov.uk/pt:FixedAssetInvestmentsOtherThanLoans2015-06-30http://www.companieshouse.gov.uk/2013-07-012014-06-30http://www.companieshouse.gov.uk/2014-07-012015-06-30http://www.companieshouse.gov.uk/2014-06-30http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-07-012015-06-30http://www.companieshouse.gov.uk/2014-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06817135
K2 Investment (Tricerion) Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
Prepared By:
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER

K2 Investment (Tricerion) Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 06817135

K2 Investment (Tricerion) Ltd
Registered Number: 06817135
BALANCE SHEET AT 30/06/2015
20152014
Notes££
FIXED ASSETS
Investments2675
CURRENT ASSETS
Debtors (amounts falling due within one year)3550-
Cash at bank and in hand6868
61868
CREDITORS: Amounts falling due within one year4761,350
NET CURRENT ASSETS / (LIABILITIES)142(1,282)
TOTAL ASSETS LESS CURRENT LIABILITIES148(1,207)
CAPITAL AND RESERVES
Called up share capital4143143
Profit and loss account5(1,350)
SHAREHOLDERS' FUNDS148(1,207)
For the year ending 30/06/2015 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 29/03/2016 and signed on their behalf by
Tony Groom
Director

K2 Investment (Tricerion) Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1f. Consolidation
The company is a parent company subject to small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

K2 Investment (Tricerion) Ltd
2. INVESTMENT FIXED ASSETS
Other
InvestmentsTotal
££
Cost
At 01/07/20147575
Disposals(69)(69)
At 30/06/201566
Amortisation
Net Book Amounts
At 30/06/201566
At 30/06/20147575
The company's investment in unlisted companies relate to the 75% ownership of the ordinary share capital of K2 Partners (Tricerion) Ltd. During the year part of the shareholding was sold and the company only now holds a minority interest.
3. DEBTORS 20152014
££
Amounts falling due within one year:
Other debtors550-
550-
4. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
143 Ordinary shares of £1 each143143
143143
5. RELATED PARTY TRANSACTIONS
During the year a subsidiary, Tricerion Ltd, paid expenses on behalf of the company. Management charges were also made to Tricerion Ltd. The balance on this loan at 30 June 2015 was £550 and is included within other debtors.

K2 Investment (Tricerion) Ltd
6. CONTROLLING PARTY
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.