Abbreviated Company Accounts - C.I.D. INVESTMENTS LIMITED

C.I.D. INVESTMENTS LIMITED - Company Information

03897378 C.I.D. INVESTMENTS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 03897378 2015-01-01 2015-12-31 03897378 2015-12-31 03897378 2014-12-31 03897378 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 03897378 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 03897378

C.I.D. INVESTMENTS LIMITED

Abbreviated Accounts

31 December 2015

C.I.D. INVESTMENTS LIMITED Registered Number 03897378

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,863,644	1,040,735
		3,863,644	1,040,735
Creditors: amounts falling due within one year		(478,186)	(391,798)
Net current assets (liabilities)		(478,186)	(391,798)
Total assets less current liabilities		3,385,458	648,937
Creditors: amounts falling due after more than one year		(2,844,760)	(149,314)
Total net assets (liabilities)		540,698	499,623
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		540,695	499,620
Shareholders' funds		540,698	499,623

For the year ending 31 December 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 16 September 2016

And signed on their behalf by:
A Demosthenous, Director

C.I.D. INVESTMENTS LIMITED Registered Number 03897378

Notes to the Abbreviated Accounts for the period ended 31 December 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 20% reducing balance

Other accounting policies
Investment properties
Investment properties are revalued annually at their open market value in accordance with FRSSE (effective January 2015). The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit reduces the property below its historical cost, in which case it is taken to the profit and loss account.
No depreciation is provided on investment properties which is a departure from the requirement of the Companies Act 2006. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view. The provisions of the FRSSE (effective January 2015) in respect of investment properties have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made the profit for the year would have been reduced by depreciation.
However, the amount of depreciation cannot reasonably be quantified and the amount which might otherwise have been shown cannot be separately identified or quantified/

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,053,976
Additions	2,828,244
Disposals	(18,576)
Revaluations	-
Transfers	-
At 31 December 2015	3,863,644
Depreciation
At 1 January 2015	13,241
Charge for the year	-
On disposals	(13,241)
At 31 December 2015	0
Net book values
At 31 December 2015	3,863,644
At 31 December 2014	1,040,735

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3