Capricorn Freeholds Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07545025 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 MARCH 2013 TO 31 DECEMBER 2013

FOR

CAPRICORN FREEHOLDS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C M Anam

REGISTERED OFFICE:

6th Floor, Newbury House

890 - 900 Eastern Avenue

Newbury Park

Ilford

Essex

IG2 7HH

REGISTERED NUMBER:

07545025 (England and Wales)

FIXED ASSETS

Investments

2

100

-

Investment property

3

1,784,441

-

1,784,541

-

CURRENT ASSETS

Cash at bank and in hand

4,403

100

CREDITORS

Amounts falling due within one year

1,437

-

NET CURRENT ASSETS

2,966

100

TOTAL ASSETS LESS CURRENT LIABILITIES

1,787,507

100

CREDITORS

Amounts falling due after more than one year

1,784,441

-

NET ASSETS

3,066

100

CAPITAL AND RESERVES

Called up share capital

4

200

100

Profit and loss account

2,866

-

SHAREHOLDERS' FUNDS

3,066

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 September 2014 and were signed by:

C M Anam - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

In accordance with the Financial Reporting Standards for Smaller Entities depreciation has not been charged in

respect of investment properties. This policy represents a departure from the requirements of the Companies Act

2006 to provide systematic annual depreciation for fixed assets. However, as these properties are held for

investment and not consumption, the director considers the adoption of this policy necessary to give a true and fair

view.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

100

At 31 December 2013

100

NET BOOK VALUE

At 31 December 2013

100

The company's investments at the balance sheet date in the share capital of companies include the following:

Canam Construction Limited

Nature of business: Property maintenance services

%

Class of shares:

holding

Ordinary

100.00

2013

£

Aggregate capital and reserves

2,440,293

Profit for the period

629,939

3.	INVESTMENT PROPERTY

Total

£

COST

Additions

1,784,441

At 31 December 2013

1,784,441

NET BOOK VALUE

At 31 December 2013

1,784,441

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2013

value:

£

£

100

Ordinary

1

200

100

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C M Anam.