LIVINGSTONE_MARINE_INVEST - Accounts

LIVINGSTONE MARINE INVESTMENTS LIMITED - Company Information

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Company Registration No. SC416124 (Scotland)

LIVINGSTONE MARINE INVESTMENTS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

LIVINGSTONE MARINE INVESTMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

LIVINGSTONE MARINE INVESTMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2014

- 1 -

2014

2013

Notes

Fixed assets

Investments

Current assets

Debtors

200

Creditors: amounts falling due within one year

(80)

Net current assets

120

Total assets less current liabilities

200

Capital and reserves

Called up share capital

200

Shareholders' funds

200

For the financial year ended 28 February 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 November 2014

D J D Livingstone

Director

Company Registration No. SC416124

LIVINGSTONE MARINE INVESTMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Investments

Cost

At 1 March 2013

Additions

At 28 February 2014

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Red the Consultancy Europe Limited

Ordinary

80.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2013

Principal activity

Red the Consultancy Europe Limited

Maritime recruitment agency

(60,130)

(60,230)

The accounts for the last relevant financial year are for the period ended 31 May 2013.

Share capital

2014

2013

Allotted, called up and fully paid

200 ordinary shares of £1 each

200

During the year 199 ordinary shares of £1 each were allotted and fully paid at par for cash consideration.