Abbreviated Company Accounts - ASKEW INVESTMENTS LIMITED

ASKEW INVESTMENTS LIMITED - Company Information

01069505 ASKEW INVESTMENTS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 01069505 2014-10-01 2015-09-30 01069505 2015-09-30 01069505 2014-09-30 01069505 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 01069505 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 01069505

ASKEW INVESTMENTS LIMITED

Abbreviated Accounts

30 September 2015

ASKEW INVESTMENTS LIMITED Registered Number 01069505

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	41,658	37,423
Investments	3	550,711	550,711
		592,369	588,134
Current assets
Stocks		29,389	-
Debtors		-	5,191
Cash at bank and in hand		827,277	927,253
		856,666	932,444
Creditors: amounts falling due within one year		(46,558)	(48,337)
Net current assets (liabilities)		810,108	884,107
Total assets less current liabilities		1,402,477	1,472,241
Total net assets (liabilities)		1,402,477	1,472,241
Capital and reserves
Called up share capital	4	10,000	10,000
Share premium account		42,977	42,977
Revaluation reserve		47,204	47,204
Profit and loss account		1,302,296	1,372,060
Shareholders' funds		1,402,477	1,472,241

For the year ending 30 September 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 30 June 2016

And signed on their behalf by:
J Askew, Director

ASKEW INVESTMENTS LIMITED Registered Number 01069505

Notes to the Abbreviated Accounts for the period ended 30 September 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant & machinery etc - 10% and 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 October 2014	73,635
Additions	9,850
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	83,485
Depreciation
At 1 October 2014	36,212
Charge for the year	5,615
On disposals	-
At 30 September 2015	41,827
Net book values
At 30 September 2015	41,658
At 30 September 2014	37,423

3Fixed assets Investments
Fixed asset investments are stated at their most recent valuation.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10,000 Ordinary shares of £1 each	10,000	10,000