Paulston Investments Limited,Ltd - Accounts

PAULSTON INVESTMENTS LIMITED - Company Information

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Paulston Investments Limited

For the period ended 05 April 2017

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 03450684

Contents Page

Paulston Investments Limited

For the period ended 05 April 2017

Balance Sheet

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Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

Paulston Investments Limited

As at 05 April 2017

03450684

Registered Number :

2017

Notes

2015

Fixed assets

Tangible assets

2,158

Investments

544,752

2,158

Current assets

Debtors

8,738

10,175

Cash at bank and in hand

403,737

972,832

413,912

981,570

Creditors: amounts falling due within one year

(29,953)

(6,759)

951,617

407,153

Net current assets

Total assets less current liabilities

951,905

953,775

951,905

Net assets

953,775

Capital and reserves

Called up share capital

Revaluation reserve

17,749

Profit and loss account

934,154

953,773

951,905

953,775

Shareholders funds

For the period ended 05 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;

2) The director acknowledges her 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.

Date approved by the board: 03 January 2018

Ms Susan Mary Walsh Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Paulston Investments Limited

For the period ended 05 April 2017

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25 % Reducing balance

Fixtures and Fittings

25 % Reducing balance

Fixed asset investments

Fixed asset investments are stated at market value, if listed, or at directors' valuation, if unlisted. The market value is

based on the closing middle market price.

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

17,903

At 01 November 2015

(17,903)

Disposals

At 05 April 2017

Depreciation

15,745

At 01 November 2015

(15,745)

Disposals

At 05 April 2017

Net book values

At 05 April 2017

2,158

At 31 October 2015

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Notes to the Abbreviated Financial Statements

Paulston Investments Limited

For the period ended 05 April 2017

3 Fixed asset investments

Fixed asset

investments

Cost

527,003

Additions

Revaluations

17,749

At 05 April 2017

544,752

Net book value

At 05 April 2017

544,752

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