Langara Investments Limited - Period Ending 2015-12-31

Langara Investments Limited - Period Ending 2015-12-31


Langara Investments Limited 09659121 false true 2015-06-26 2015-12-31 2015-12-31 09659121 2015-06-26 2015-12-31 09659121 2015-12-31 09659121 uk-bus:OrdinaryShareClass1 2015-12-31 09659121 uk-bus:Director2 2015-06-26 2015-12-31 09659121 uk-bus:OrdinaryShareClass1 2015-06-26 2015-12-31 09659121 2015-06-25 iso4217:GBP xbrli:shares

Registration number: 09659121

Langara Investments Limited
 

 
Unaudited Abbreviated Accounts
 

 
for the Period from 26 June 2015 to 31 December 2015
 

 

 

Langara Investments Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Langara Investments Limited
(Registration number: 09659121)
Abbreviated Balance Sheet at 31 December 2015

   

Note

   

31 December 2015
£

 

Current assets

 

       

Debtors

 

   

901,606

 

Cash at bank and in hand

 

   

18,938

 
   

   

920,544

 

Creditors: Amounts falling due within one year

 

   

(890,067)

 

Net assets

 

   

30,477

 

Capital and reserves

 

       

Called up share capital

 

2

   

100

 

Profit and loss account

 

   

30,377

 

Shareholders' funds

 

   

30,477

 

For the period from 26 June 2015 to 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 and signed on its behalf by:

.........................................
A Jivov
Director

Date: 29 September 2016

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Langara Investments Limited
Notes to the Abbreviated Accounts for the Period from 26 June 2015 to 31 December 2015
......... continued

1

Accounting policies

Basis of preparation

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

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

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

2

Share capital

Allotted, called up and fully paid shares

 

31 December 2015

   

No.

   

£

 

Ordinary shares of £1 each

 

100

   

100

 
             

During the period, 100 ordinary shares were allotted with a nominal value of £1 each for an aggregate consideration of £100.

 

Langara Investments Limited
Notes to the Abbreviated Accounts for the Period from 26 June 2015 to 31 December 2015
......... continued

3

Control

The company is controlled by the immediate parent Clearview Capital Limited, a company incorporated in Jersey, by virtue of its 100% shareholding. The ultimate parent undertaking is the Clearview Segregated Trust, a trust incorporated in Jersey.