Abbreviated Company Accounts - 515 CAPITAL LIMITED

515 CAPITAL LIMITED - Company Information

07981190 515 CAPITAL LIMITED 2016-07-31 false 2015-04-01 2016-07-31 true 07981190 2015-04-01 2016-07-31 07981190 2016-07-31 07981190 2015-03-31 07981190 uk-gaap-cd-bus:Director1 2015-04-01 2016-07-31 07981190 uk-gaap-cd-bus:Director2 2015-04-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07981190

515 CAPITAL LIMITED

Abbreviated Accounts

31 July 2016

515 CAPITAL LIMITED Registered Number 07981190

Abbreviated Balance Sheet as at 31 July 2016

	Notes	31/07/2016	31/03/2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	-	5,918
Investments	3	1,819,505	1,937,705
		1,819,505	1,943,623
Current assets
Debtors		1,195	46,506
Cash at bank and in hand		3,006	52,536
		4,201	99,042
Creditors: amounts falling due within one year	4	(3,750)	(83,449)
Net current assets (liabilities)		451	15,593
Total assets less current liabilities		1,819,956	1,959,216
Creditors: amounts falling due after more than one year	4	(1,819,505)	(1,819,505)
Total net assets (liabilities)		451	139,711
Capital and reserves
Called up share capital	5	2	2
Profit and loss account		449	139,709
Shareholders' funds		451	139,711

For the year ending 31 July 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 23 August 2016

And signed on their behalf by:
S Grechishkin, Director

515 CAPITAL LIMITED Registered Number 07981190

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have
been prepared under the historical cost convention and in accordance with the Financial Reporting
Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of VAT and trade discounts.

Tangible assets depreciation policy
Fixtures & fittings - 25% reducing balance

Other accounting policies
Investments

Investments held as fixed assets are shown at cost less provision for impairment.

Operating leases

Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2015	11,356
Additions	1,315
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	12,671
Depreciation
At 1 April 2015	5,438
Charge for the year	7,233
On disposals	-
At 31 July 2016	12,671
Net book values
At 31 July 2016	0
At 31 March 2015	5,918

3Fixed assets Investments
Cost or Valuation at 1 April 2015 £1,937,705
Disposal (£ 118,200)
At 31 July 2016 £1,819,505

4Creditors

	31/07/2016 £	31/03/2015 £
Secured Debts	1,819,505	1,819,505
Non-instalment debts due after 5 years	1,819,505	1,819,505

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

	31/07/2016 £	31/03/2015 £
2 Ordinary shares of £1 each	2	2