Adams & Styles Investments Ltd - Abbreviated accounts 16.3

Adams & Styles Investments Ltd - Abbreviated accounts 16.3

ADAMS & STYLES INVESTMENTS LTD - Company Information

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REGISTERED NUMBER: 09587898 (England and Wales)










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 13 MAY 2015 TO 31 MARCH 2016

FOR

ADAMS & STYLES INVESTMENTS LTD

ADAMS & STYLES INVESTMENTS LTD (REGISTERED NUMBER: 09587898)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 13 MAY 2015 TO 31 MARCH 2016




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 4

ADAMS & STYLES INVESTMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 13 MAY 2015 TO 31 MARCH 2016







DIRECTOR: Mr C Stylianou





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 09587898 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ADAMS & STYLES INVESTMENTS LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Adams & Styles Investments Ltd for the period ended 31 March 2016 which comprise the Profit
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Adams & Styles Investments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Adams & Styles Investments Ltd and state those matters that we have agreed to state to the director of Adams & Styles Investments Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Adams & Styles Investments Ltd director for our work or for this report.

It is your duty to ensure that Adams & Styles Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Adams & Styles Investments Ltd. You consider that Adams & Styles Investments Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Adams & Styles Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






EA
Chartered Accountants
869 High Road
London
N12 8QA


19 December 2016

This page does not form part of the abbreviated accounts

Page 2
ADAMS & STYLES INVESTMENTS LTD (REGISTERED NUMBER: 09587898)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

Notes £    £   
FIXED ASSETS
Investments 2 5,006,626

CREDITORS
Amounts falling due within one year 26,209
NET CURRENT LIABILITIES (26,209 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,980,417

CAPITAL AND RESERVES
Called up share capital 3 4,981,617
Profit and loss account (1,200 )
SHAREHOLDERS' FUNDS 4,980,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 15 December 2016 and were signed by:





Mr C Stylianou - Director


The notes form part of these abbreviated accounts

Page 3
ADAMS & STYLES INVESTMENTS LTD (REGISTERED NUMBER: 09587898)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 13 MAY 2015 TO 31 MARCH 2016

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis as the directors are satisfied that the
company will have adequate resources to meet its liabilities to third parties as they fall due.

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 January 2015).

Preparation of consolidated financial statements
The financial statements contain information about Adams & Styles Investments Ltd as an individual company
and do not contain consolidated financial information as the parent of a group. The company has taken the
option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
Eurocrest Sub5 Limited 5,006,626
At 31 March 2016 5,006,626
NET BOOK VALUE
At 31 March 2016 5,006,626

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

Eurocrest Sub5 Limited
Nature of business: Property and lettings
%
Class of shares: holding
Ordinary 100.00
2016
£   
Aggregate capital and reserves 4,976,117
Loss for the period (5,599 )

It is the opinion of the director that the value of the investment will exceed its cost subsequent to the balance
sheet date.

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
4,981,617 Ordinary £1 4,981,617

4,981,617 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

Page 4