Fiorentini Baker Associates Limited - Limited company - abbreviated - 11.0.0
Fiorentini Baker Associates Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013 |
| FOR |
| FIORENTINI BAKER ASSOCIATES LIMITED |
| FIORENTINI BAKER ASSOCIATES LIMITED (REGISTERED NUMBER: 03615003) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| FIORENTINI BAKER ASSOCIATES LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| FIORENTINI BAKER ASSOCIATES LIMITED (REGISTERED NUMBER: 03615003) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2013 |
| 31.12.13 | 31.12.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| FIORENTINI BAKER ASSOCIATES LIMITED (REGISTERED NUMBER: 03615003) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Fiorentini Baker Associates Limited as an individual company and do not contain |
| consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act |
| 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each assets over its estimated useful economic life. |
| Plant and machinery etc - 12.5% on cost |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| Additions |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2013 | 161,607 |
| Exchange differences | ( |
) |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| FIORENTINI BAKER ASSOCIATES LIMITED (REGISTERED NUMBER: 03615003) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2013 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Country of incorporation: Italy |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 206,371 | 194,633 |
| Profit for the year | 16,144 | 26,540 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 99.90 |
| £ | £ |
| Aggregate capital and reserves | (178,849 | ) | (71,304 | ) |
| Loss for the year | (107,545 | ) | (44,297 | ) |
| FB and Friends was disposed off on 1 January 2012 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.13 | 31.12.12 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| 900 | 900 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year the company paid dividends of £50,000 (2012 - £50,000) to D Baker, a director of the company. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |