Four Winds Investments Limited,Ltd - Accounts

Four Winds Investments Limited,Ltd - Accounts

FOUR WINDS INVESTMENTS LIMITED - Company Information

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2013-01-01 true false Private Limited Company NI048900 2013-12-31 NI048900 2013-01-01 2013-12-31 NI048900 2012-12-31 NI048900 2012-01-01 2012-12-31 NI048900 uk-bus:Director1 2013-01-01 2013-12-31 NI048900 uk-gaap:WithinOneYear 2013-12-31 NI048900 uk-gaap:WithinOneYear 2012-12-31 NI048900 uk-gaap:AfterOneYear 2013-12-31 NI048900 uk-gaap:AfterOneYear 2012-12-31 NI048900 uk-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP
Four Winds Investments Limited
For the year ended 31 December 2013
Unaudited Abbreviated Report and Financial Statements
Northern Ireland
Registered Number: NI048900
2
Contents Page
Four Winds Investments Limited
For the year ended 31 December 2013
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Four Winds Investments Limited
Accountants' Report
For the year ended 31 December 2013
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 December 2013 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Ivan Shannon & Company
Incorporated Financial Accountants
39 Church Street
Ballynahinch
Co Down
BT24 8AF
30 September 2014
Dated:
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4
Abbreviated Balance Sheet
Four Winds Investments Limited
As at 31 December 2013
NI048900
Registered Number :
£
£
2013
Notes
2012
Fixed assets
Tangible assets
2
981,722
967,448
981,722
967,448
Current assets
Debtors
-
616
Cash at bank and in hand
-
47,043
616
47,043
Creditors: amounts falling due within one year
3
(787,584)
(791,233)
(740,541)
(790,617)
Net current liabilities
Total assets less current liabilities
191,105
226,907
Creditors: amounts falling due after more than one year
4
(189,784)
(160,018)
31,087
Net assets
37,123
Capital and reserves
Called up share capital
6
5
6
Profit and loss account
31,081
37,117
31,087
37,123
Shareholders funds
For the year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
2) The director acknowledges his 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.
Date approved by the board: 30 September 2014
Mrs Jean Lambe Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Four Winds Investments Limited
For the year ended 31 December 2013
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents rents receivable.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
No depreciation is provided on the company's freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
970,305
At 01 January 2013
21,767
Additions
(10,350)
Disposals
At 31 December 2013
981,722
Depreciation
2,857
At 01 January 2013
(2,857)
Disposals
-
At 31 December 2013
Net book values
At 31 December 2013
981,722
967,448
At 31 December 2012
2013
3 Creditors: amounts falling due within one year
£
£
2012
33,000
33,000
Bank loans and overdrafts (secured)
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6
Notes to the Abbreviated Financial Statements
Four Winds Investments Limited
For the year ended 31 December 2013
2012
2013
4 Creditors due after more than one year
£
£
160,018
189,784
Bank loans and overdrafts (secured)
5 Share capital
Allotted called up and fully paid
2013
2012
£
£
6 Class A shares of £1.00 each
6
6
6
6
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