Abbreviated Company Accounts - EAST WEST SHIPPING SERVICES LIMITED

EAST WEST SHIPPING SERVICES LIMITED - Company Information

03537397 EAST WEST SHIPPING SERVICES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03537397 2013-04-01 2014-03-31 03537397 2014-03-31 03537397 2013-03-31 03537397 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03537397 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 03537397

EAST WEST SHIPPING SERVICES LIMITED

Abbreviated Accounts

31 March 2014

EAST WEST SHIPPING SERVICES LIMITED Registered Number 03537397

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,813,274	669,453
		2,813,274	669,453
Current assets
Debtors		124,935	400
Cash at bank and in hand		21,240	95,652
		146,175	96,052
Creditors: amounts falling due within one year		(4,189)	(970)
Net current assets (liabilities)		141,986	95,082
Total assets less current liabilities		2,955,260	764,535
Creditors: amounts falling due after more than one year		(2,455,671)	(271,500)
Total net assets (liabilities)		499,589	493,035
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		499,489	492,935
Shareholders' funds		499,589	493,035

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 1 December 2014

And signed on their behalf by:
A Kirmani, Director

EAST WEST SHIPPING SERVICES LIMITED Registered Number 03537397

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

1Accounting Policies

Basis of measurement and preparation of accounts
1 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 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
1.3 Turnover
Turnover represents rent receivable from residential investment property.

2Tangible fixed assets

	£
Cost
At 1 April 2013	672,181
Additions	2,145,621
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,817,802
Depreciation
At 1 April 2013	2,728
Charge for the year	1,800
On disposals	-
At 31 March 2014	4,528
Net book values
At 31 March 2014	2,813,274
At 31 March 2013	669,453

1.4 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Computer equipment 25% reducing balance

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

Allotted, called up and fully paid
100 Ordinary Shares of £1 each