Atlantica Estates Limited - Limited company - abbreviated - 11.6
Atlantica Estates Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2014 |
| FOR |
| ATLANTICA ESTATES LIMITED |
| ATLANTICA ESTATES LIMITED (REGISTERED NUMBER: 03459363) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30th April 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ATLANTICA ESTATES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30th April 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ATLANTICA ESTATES LIMITED (REGISTERED NUMBER: 03459363) |
| ABBREVIATED BALANCE SHEET |
| 30th April 2014 |
| 30.4.14 | 30.4.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 financial statements were approved by the director on |
| ATLANTICA ESTATES LIMITED (REGISTERED NUMBER: 03459363) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30th April 2014 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Atlantica Estates Limited as an individual company and do not contain |
| consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the |
| Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| Investments |
| Investments held as fixed assets are shown at cost less provision for impairment. |
| Going concern |
| The financial statements have been prepared on a going concern basis due to the continued support of the company's bankers |
| and director. Should the company be unable to continue trading, adjustments would have to be made to reduce the value of |
| the assets to their recoverable amount. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2013 |
| and 30th April 2014 |
| DEPRECIATION |
| At 1st May 2013 |
| Charge for year |
| At 30th April 2014 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| ATLANTICA ESTATES LIMITED (REGISTERED NUMBER: 03459363) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30th April 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st May 2013 |
| and 30th April 2014 | 6 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (143,792 | ) | (143,792 | ) |
| Profit for the year | - | 274,489 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (178,355 | ) | (178,355 | ) |
| Profit for the year | - | 103,341 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| Profit for the year | - | 15,000 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| ATLANTICA ESTATES LIMITED (REGISTERED NUMBER: 03459363) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30th April 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.14 | 30.4.13 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | ULTIMATE PARENT COMPANY |
| 7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The director has given a personal guarantee to the bank to the extent of £360,000 (2013: £360,000). |