Registered Number 02229160
BARONGUILD LIMITED
Abbreviated Accounts
31 July 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
Investments | 3 |
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Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
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|
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Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
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|
|
Creditors: amounts falling due after more than one year |
( |
( |
|
Total net assets (liabilities) |
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|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
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Shareholders' funds |
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|
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
£ | |
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Cost | |
At 1 August 2013 |
|
Additions |
|
Disposals |
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Revaluations |
|
Transfers |
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At 31 July 2014 |
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Depreciation | |
At 1 August 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 July 2014 |
|
Net book values | |
At 31 July 2014 | 5,889,213 |
At 31 July 2013 | 5,889,213 |
The directors also consider that the cost of the freehold property is a fair reflection of its current valuation.
3Fixed assets Investments
The figure for investments represents the cost of overseas investments. The directors consider that the value of the investments at 31st July 2014 is represented by the original cost as reflected in the accounts.