BESSON_LINE_LIMITED - Accounts
BESSON_LINE_LIMITED - Accounts
Company Registration No. 03500485 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 5
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
Investments
2
Current assets
Debtors
Investments
-
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(688,597 )
(130,506 )
Net current liabilities
(471,323 )
(34,791 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
4
(333,212 )
(338,165 )
(66,988)
(82,323)
Capital and reserves
Called up share capital
5
Profit and loss account
(67,088 )
(82,423 )
Shareholders' funds
(66,988 )
(82,323 )
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2014
- 2 -
Director's responsibilities:
-
-
Approved by the Board for issue on 19 March 2015
Director
Company Registration No. 03500485
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.5
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
Current asset investments are stated at the lower of cost and net realisable value.
1.6
Going concern
The financial statements are prepared on the going concern basis dependent on the continued support of the director and shareholder.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2014
- 4 -
2
Fixed assets
Tangible assets
Investments
Total
£
£
£
Cost
At 1 July 2013
-
290,633
290,633
Additions
1,509
445,447
446,956
At 30 June 2014
1,509
736,080
737,589
Depreciation
At 1 July 2013
-
-
-
Charge for the year
42
-
42
At 30 June 2014
42
-
42
Net book value
At 30 June 2014
1,467
737,547
At 30 June 2013
-
290,633
This investment represents a 50% share in two properties in which Camberley Estates Limited has an equitable interest.
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £6,666 (2013 - £6,666).
The bank mortgage loan is secured on the property in which Camberley Estates Limited has an equitable interest (see note 2).
During the year D F Pinto provided further loan facilities to the company by way of fixed charges over the properties.
During the year D F Pinto provided further loan facilities to the company by way of fixed charges over the properties.
4
Creditors: amounts falling due after more than one year
The aggregate amount of creditors for which security has been given amounted to £83,212 (2013 - £88,165).
The bank mortgage loan is secured on the property in which Camberley Estates Limited has an equitable interest (see note 2).
During the year D F Pinto provided further loan facilities to the company by way of fixed charges over the properties.
During the year D F Pinto provided further loan facilities to the company by way of fixed charges over the properties.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2014
- 5 -
5
Share capital
2014
2013
£
£
Allotted, called up and fully paid
The 250,000 Non-redeemable preference shares of £1 each are shown within creditors due after more than one year.
6
Control
The overall controlling party is D F Pinto, director and shareholder.