London Resort Company Holdings Limited - Limited company - abbreviated

REGISTERED NUMBER: 07625574 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JUNE 2013 TO 31 DECEMBER 2013

FOR

LONDON RESORT COMPANY HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

A Sefton

D A Testa

J F Dunphy

Dr A Al-Humaidi

REGISTERED OFFICE:

c/o Armila Capital

17 Albemarle Street

LONDON

W1S 4HP

REGISTERED NUMBER:

07625574 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Investments

2

100

CURRENT ASSETS

Debtors

58,661

25,024

Cash at bank

291,059

7,518

349,720

32,542

CREDITORS

Amounts falling due within one year

3,078,181

481,105

NET CURRENT LIABILITIES

(2,728,461

)

(448,563

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,728,361

)

(448,463

)

CREDITORS

Amounts falling due after more than one year

1,357,787

1,084,084

NET LIABILITIES

(4,086,148

)

(1,532,547

)

CAPITAL AND RESERVES

Called up share capital

3

4,833

Share premium

499,167

Profit and loss account

(4,590,148

)

(2,036,547

)

SHAREHOLDERS' FUNDS

(4,086,148

)

(1,532,547

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2014 and were signed on its behalf by:

A Sefton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2013

and 31 December 2013

100

NET BOOK VALUE

At 31 December 2013

100

At 31 May 2013

100

The company's investments at the balance sheet date in the share capital of companies include the following:

London Resort Property Ltd

Nature of business: Dormant

%

Class of shares:

holding

Ordinary shares

100.00

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/13

31/5/13

value:

£

4,833,335

Ordinary shares

0.001

4,833

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended

31 December 2013 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your

statutory responsibilities, from the accounting records and information and explanations supplied to us.