Abbreviated Company Accounts - BOLARO SHIPPING ENTERPRISES LIMITED

BOLARO SHIPPING ENTERPRISES LIMITED - Company Information

06315647 BOLARO SHIPPING ENTERPRISES LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 06315647 2015-02-01 2016-01-31 06315647 2016-01-31 06315647 2015-01-31 06315647 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 06315647 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:EUR shares

Registered Number 06315647

BOLARO SHIPPING ENTERPRISES LIMITED

Abbreviated Accounts

31 January 2016

BOLARO SHIPPING ENTERPRISES LIMITED Registered Number 06315647

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		€	€
Fixed assets
Tangible assets	2	4,500,000	-
		4,500,000	-
Creditors: amounts falling due within one year	3	(4,501,711)	(117)
Net current assets (liabilities)		(4,501,711)	(117)
Total assets less current liabilities		(1,711)	(117)
Total net assets (liabilities)		(1,711)	(117)
Capital and reserves
Called up share capital	4	1,477	1,477
Profit and loss account		(3,188)	(1,594)
Shareholders' funds		(1,711)	(117)

For the year ending 31 January 2016 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 3 August 2016

And signed on their behalf by:
Stella Ippocratous, Director

BOLARO SHIPPING ENTERPRISES LIMITED Registered Number 06315647

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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.

2Tangible fixed assets

	€
Cost
At 1 February 2015	-
Additions	4,500,000
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	4,500,000
Depreciation
At 1 February 2015	-
Charge for the year	-
On disposals	-
At 31 January 2016	-
Net book values
At 31 January 2016	4,500,000
At 31 January 2015	-

3Creditors

	2016 €	2015 €
Secured Debts	4,501,711	117

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

	2016 €	2015 €
1,000 Ordinary shares of €1.47689 each	1,477	1,477

The exchange rate 1.47689 which was used to convert the Share Capital from GBP to EURO was taken from
Oanda.com at historical rate, Date: 16 July 2007.