Abbreviated Company Accounts - THE FIVE CONTINENTS LTD

THE FIVE CONTINENTS LTD - Company Information

08325172 THE FIVE CONTINENTS LTD 2013-12-31 false 2012-12-11 2013-12-31 true 08325172 2012-12-11 2013-12-31 08325172 2013-12-31 08325172 uk-gaap-cd-bus:Director1 2012-12-11 2013-12-31 08325172 uk-gaap-cd-bus:Director2 2012-12-11 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-11 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 08325172

THE FIVE CONTINENTS LTD

Abbreviated Accounts

31 December 2013

THE FIVE CONTINENTS LTD Registered Number 08325172

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013
		£
Called up share capital not paid		-
Fixed assets
Intangible assets	2	47,000
Tangible assets	3	628,352
		675,352
Current assets
Stocks		500
Debtors		2,535
Cash at bank and in hand		902
		3,937
Creditors: amounts falling due within one year	4	(35,764)
Net current assets (liabilities)		(31,827)
Total assets less current liabilities		643,525
Creditors: amounts falling due after more than one year	4	(662,500)
Total net assets (liabilities)		(18,975)
Capital and reserves
Called up share capital	5	100
Profit and loss account		(19,075)
Shareholders' funds		(18,975)

For the year ending 31 December 2013 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 31 August 2014

And signed on their behalf by:
Kirk O'Neil Ellis, Director

THE FIVE CONTINENTS LTD Registered Number 08325172

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

2Intangible fixed assets

	£
Cost
Additions	49,330
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	49,330
Amortisation
Charge for the year	2,330
On disposals	-
At 31 December 2013	2,330
Net book values
At 31 December 2013	47,000

Amortisation over 20 Years

3Tangible fixed assets

	£
Cost
Additions	645,671
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	645,671
Depreciation
Charge for the year	17,319
On disposals	-
At 31 December 2013	17,319
Net book values
At 31 December 2013	628,352

Equipment, Fixtures & Fittings, Vehicles Depreciated at 25% per annum

4Creditors

	2013 £
Secured Debts	495,000
Non-instalment debts due after 5 years	125,000

5Called Up Share Capital
Allotted, called up and fully paid:

	2013 £
100 Ordinary shares of £1 each	100