GNH Investco Limited - Period Ending 2014-04-05

Registration number: 05736746

GNH Investco Limited

Unaudited Abbreviated Accounts

for the Year Ended 5 April 2014
 

GNH Investco Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

GNH Investco Limited
(Registration number: 05736746)
Abbreviated Balance Sheet at 5 April 2014

		Note			2014 £			2013 £
Fixed assets
Investments		2			8,107,733			7,549,287
Current assets
Debtors					1,222			1,222
Cash at bank and in hand					348,594			107,398
					349,816			108,620
Creditors: Amounts falling due within one year					(10,052,585)			(10,050,472)
Net current liabilities					(9,702,769)			(9,941,852)
Total assets less current liabilities					(1,595,036)			(2,392,565)
Capital and reserves
Called up share capital		3			100			100
Revaluation reserve					1,401,294			1,122,255
Profit and loss account					(2,996,430)			(3,514,920)
Shareholders' deficit					(1,595,036)			(2,392,565)

For the year ending 5 April 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 31 December 2014 and signed on its behalf by:

.........................................
G N Hazell
Company secretary and director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

GNH Investco Limited
Notes to the Abbreviated Accounts for the Year Ended 5 April 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).

Turnover

Turnover represents dividends receivable in respect of investments held by the company.

Fixed asset investments

Listed investments are stated at market value. Unrealised investment gains are not recognised in the profit and loss account unless they are reversing previously recognised losses. Unrealised investment losses are recognised in the profit and loss account unless they are reversing previously recognised gains.

Current asset investments

Current asset listed investments are stated at market value. Unrealised investment gains are not recognised in the profit and loss account unless they are reversing previously recognised losses. Unrealised investment losses are recognised in the profit and loss account unless they are reversing previously recognised gains.

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 6 April 2013		7,549,287			7,549,287
Revaluations		351,898			351,898
Additions		1,276,662			1,276,662
Disposals		(1,070,114)			(1,070,114)
At 5 April 2014		8,107,733			8,107,733
Depreciation
At 5 April 2014		-			-
Net book value
At 5 April 2014		8,107,733			8,107,733
At 5 April 2013		7,549,287			7,549,287

Page 2

GNH Investco Limited
Notes to the Abbreviated Accounts for the Year Ended 5 April 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

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

Page 3