VALEFRAME_LIMITED - Accounts


Company Registration No. 03892287 (England and Wales)
VALEFRAME LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013
VALEFRAME LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
VALEFRAME LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2013
31 December 2013
- 1 -
2013
2012
Notes
£
£
Current assets
Debtors
100
100
Total assets less current liabilities
100
100
Capital and reserves
Called up share capital
2
100
100
Shareholders' funds
100
100
Audit exemption statement
For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 18 September 2014
Mr R, A Oliver
Director
Company Registration No. 03892287
VALEFRAME LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The accounts have been prepared on a going concern basis. However the company in which Valeframe Limited had invested is now considered to be valueless. The investment has therefore been written down to zero in the year.
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).
2
Share capital
2013
2012
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100
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