Abbreviated Company Accounts - ASSET COLUMN LIMITED

ASSET COLUMN LIMITED - Company Information

05297190 ASSET COLUMN LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 05297190 2014-07-01 2015-06-30 05297190 2015-06-30 05297190 2014-06-30 05297190 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 05297190 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 05297190

ASSET COLUMN LIMITED

Abbreviated Accounts

30 June 2015

ASSET COLUMN LIMITED Registered Number 05297190

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	269,324	262,324
		269,324	262,324
Current assets
Debtors		1	40,509
Cash at bank and in hand		2,430	3,225
		2,431	43,734
Creditors: amounts falling due within one year		(71,263)	(110,329)
Net current assets (liabilities)		(68,832)	(66,595)
Total assets less current liabilities		200,492	195,729
Creditors: amounts falling due after more than one year		(244,394)	(244,394)
Total net assets (liabilities)		(43,902)	(48,665)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(43,904)	(48,667)
Shareholders' funds		(43,902)	(48,665)

For the year ending 30 June 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 12 April 2016

And signed on their behalf by:
Mr C L Jones, Director

ASSET COLUMN LIMITED Registered Number 05297190

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
Turnover represents amounts receivable for services.

Tangible assets depreciation policy
Fixed asset investments are stated at cost less provision for diminution in value.

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Fixed assets Investments
Cost at 1 July 2014 262,324
Additions 7,000
At 30 June 2015 269,324
At 30 June 2014 262,324

The company holds more than 20% of the share capital of the following companies:

Subsidiary undertakings
Munro Management Limited (British Virgin Islands) Ordinary Shares 100.00%
Principal activity is investment holding and its results for the relevant financial year are:
Capital & reserves £(21.418). Loss for the year £(3,712)

Participating interests
Crossover Capital Limited (United Kingdom) Ordinary Shares 33.00%
Principal activity is Advisory, financing and operation of alternative investment activities and its results for the relevant financial year are:
Capital & reserves £12.626. Profit for the year £12,526

Other significant interests
Exchange Juhu Limited (Mauritius) Preference Shares 2.27%
Exchange Juhu Limited (Mauritius) Ordinary Shares 2.40%

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2