Abbreviated Company Accounts - INTERNATIONAL INVESTMENTS LIMITED

INTERNATIONAL INVESTMENTS LIMITED - Company Information

Registered Number 03552234

INTERNATIONAL INVESTMENTS LIMITED

Abbreviated Accounts

30 April 2014

INTERNATIONAL INVESTMENTS LIMITED Registered Number 03552234

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		€	€
Fixed assets
Tangible assets	2	144,608	144,608
		144,608	144,608
Current assets
Debtors		1,458	1,458
		1,458	1,458
Creditors: amounts falling due within one year		(2,992)	(4,397)
Net current assets (liabilities)		(1,534)	(2,939)
Total assets less current liabilities		143,074	141,669
Creditors: amounts falling due after more than one year		(118,698)	(113,554)
Total net assets (liabilities)		24,376	28,115
Capital and reserves
Called up share capital		1,546	1,546
Other reserves		12,844	12,844
Profit and loss account		9,986	13,725
Shareholders' funds		24,376	28,115

For the year ending 30 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 5 January 2015

And signed on their behalf by:
Anna D'Errico, Director

INTERNATIONAL INVESTMENTS LIMITED Registered Number 03552234

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Tangible assets depreciation policy
The tangible fixed assets consists of property in Italy, on which no depreciation is being calculated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the director, necessary in order to give a true and fair view of the financial position of the company.

Other accounting policies
CASHFLOW

The financial statements do not include a Cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).

FOREIGN EXCHANGE
Monetary assets and liabilities denominated in foreign currencies are translated into Euro at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into Euro at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the profit and loss account.

2Tangible fixed assets

	€
Cost
At 1 May 2013	144,608
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	144,608
Depreciation
At 1 May 2013	-
Charge for the year	-
On disposals	-
At 30 April 2014	-
Net book values
At 30 April 2014	144,608
At 30 April 2013	144,608

The tangible asset consists of a property in Italy. No depreciation is provided on land and buildings. The property is valued at historical cost.