Illum Jordansen Holding Ltd - Period Ending 2014-03-31

Registration number: 06170172

Illum Jordansen Holding Ltd
 
  Abbreviated Accounts
 
  for the Year Ended 31 March 2014
 

Tim Phillips & Co Ltd
Accountants
Cart House 2
Copley Hill Business Park
Cambridge Road, Babraham
Cambridge
CB22 3GN

Illum Jordansen Holding Ltd
Contents

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Relationship between investments, loans, directors and shareholders

All investments made by the company since incorporation have been in shares in, or loans to, other companies controlled by the same directors, T Jordansen and K Jordansen. Those companies are now in liquidation with no capital or reserves so the investments have been written down to nil value.

This company never had any cash so the investments were expressed as loans payable to the directors when the investments showed a return. Clearly this has not happened, nor will it. Therefore the only aggrieved parties are the directors themselves, who are also the only shareholders involved in any of the companies concerned.

The directors take responsibility for this situation and have no expectation of any return on actual or notional investments by this company.

Page 1

Illum Jordansen Holding Ltd
(Registration number: 06170172)
Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Investments					(55,110)			70,210
Creditors: Amounts falling due after more than one year					55,110			(55,110)
Net assets					-			15,100
Capital and reserves
Called up share capital		3			-			100
Profit and loss account					-			15,000
Shareholders' funds					-			15,100

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 4 December 2014 and signed on its behalf by:

.........................................
Mr Troels Jordansen
Director

The notes on page 3 form an integral part of these financial statements.
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Illum Jordansen Holding Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Fixed asset investments

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2013		70,210			70,210
Revaluations		(125,320)			(125,320)
At 31 March 2014		(55,110)			(55,110)
Depreciation
At 31 March 2014		-			-
Net book value
At 31 March 2014		(55,110)			(55,110)
At 31 March 2013		70,210			70,210

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

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