Abbreviated Company Accounts - VENULUM SEMILONG LIMITED

2 SEMILONG ROAD LIMITED - Company Information

06477941 VENULUM SEMILONG LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06477941 2013-04-01 2014-03-31 06477941 2014-03-31 06477941 2013-03-31 06477941 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06477941 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06477941

VENULUM SEMILONG LIMITED

Abbreviated Accounts

31 March 2014

VENULUM SEMILONG LIMITED Registered Number 06477941

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	696,000	696,000
		696,000	696,000
Current assets
Debtors		57	978
Cash at bank and in hand		275	1,290
		332	2,268
Creditors: amounts falling due within one year	3	(667,357)	(656,025)
Net current assets (liabilities)		(667,025)	(653,757)
Total assets less current liabilities		28,975	42,243
Creditors: amounts falling due after more than one year	3	(369,550)	(376,078)
Total net assets (liabilities)		(340,575)	(333,835)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(340,577)	(333,837)
Shareholders' funds		(340,575)	(333,835)

For the year ending 31 March 2014 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 14 October 2014

And signed on their behalf by:
GILES CADMAN, Director

VENULUM SEMILONG LIMITED Registered Number 06477941

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 amounts receivable under rent agreements.

Valuation information and policy
Investment properties are held at cost value until complete and are subsequently revalued periodically with changes in value being taken through the revaluation reserve.

Other accounting policies
Taxation
Deferred tax assets and liabilities have arisen from timing differences between the recognition of gains and losses in the financial statements and their recognition in a tax computation. Full provision is made for all liabilities, and provision is made for the assets to the extent that they are considered more likely than not to be recovered in the foreseeable future. Provision is made using tax rates that are expected to apply in the periods in which the timing differences are expected to reverse based upon the rates enacted at the balance sheet date.

Ultimate parent company
The ultimate parent company is Diligentum International Holdings Limited, a company registered in the British Virgin Islands.

2Fixed assets Investments
At 1 April 2013 and 31 March 2014 £696,000

3Creditors

	2014 £	2013 £
Secured Debts	376,653	383,073

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2