Abbreviated Company Accounts - TELEPHUS INVESTMENTS LIMITED

TELEPHUS INVESTMENTS LIMITED - Company Information

05357199 TELEPHUS INVESTMENTS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05357199 2013-04-01 2014-03-31 05357199 2014-03-31 05357199 2013-03-31 05357199 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05357199 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:EUR shares

Registered Number 05357199

TELEPHUS INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

TELEPHUS INVESTMENTS LIMITED Registered Number 05357199

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		€	€
Fixed assets
Tangible assets	2	388,151	247,414
Investments	3	3,006	3,006
		391,157	250,420
Current assets
Debtors	4	16,984	8,646
Cash at bank and in hand		1,169,144	1,361,056
		1,186,128	1,369,702
Creditors: amounts falling due within one year		(27,173)	(1,391)
Net current assets (liabilities)		1,158,955	1,368,311
Total assets less current liabilities		1,550,112	1,618,731
Creditors: amounts falling due after more than one year		(2,192,424)	(2,026,785)
Accruals and deferred income		(2,106)	(2,064)
Total net assets (liabilities)		(644,418)	(410,118)
Capital and reserves
Called up share capital	5	3	3
Profit and loss account		(644,421)	(410,121)
Shareholders' funds		(644,418)	(410,118)

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 31 December 2014

And signed on their behalf by:
A D O'Mahony, Director

TELEPHUS INVESTMENTS LIMITED Registered Number 05357199

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into Euros at the rates of exchange ruling at the Balance Sheet date. All differences are taken to the Profit and Loss Account. The issued share capital was translated from Sterling into Euros at the historical rate of 1 to 1.455 Euros.

2Tangible fixed assets

	€
Cost
At 1 April 2013	247,414
Additions	140,737
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	388,151
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	388,151
At 31 March 2013	247,414

The Company acquired the freehold land and buildings at Porto Torrao, Ferreira do Alentejo, Portugal on 23 December 2011 and made property improvements of €140,737 during the year.

3Fixed assets Investments
The Company holds 100% of the share capital of Tramfordd Construmat, S.L.

Tramfordd Construmat, S.L, is a Spanish registered company (no. B-63780233) the principal activity of which is asset holding. Its net asset value at its year end of 31 December 2012 was €2,376.28 (2011: €10,971). The Directors are seeking the net asset value of Tramfordd Construmat, S.L. for the year ended 31 December 2013.

4Debtors

	2014 €	2013 €
Debtors include the following amounts due after more than one year	0	2,647

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 €	2013 €
2 Ordinary shares of €1.45 each	3	3

Authorised share capital 100 Ordinary Shares of £1 each