Accounts filed on 30-06-2014


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06283829


Registered Number: 06283829

BALANCE SHEET AT 30/06/2014

			2014		2013
	Notes		USD		USD


CURRENT ASSETS
Debtors (amounts falling due within one year)	2	86,440		-
Cash at bank and in hand		4,034		914,457
		90,474		914,457
CREDITORS: Amounts falling due within one year		1,877		832,348
NET CURRENT ASSETS			88,597		82,109
TOTAL ASSETS LESS CURRENT LIABILITIES			88,597		82,109

CAPITAL AND RESERVES

Called up share capital	3		1		1
Profit and loss account			88,596		82,108
SHAREHOLDERS' FUNDS			88,597		82,109

For the year ending 30/06/2014 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 23/02/2015 and signed on their behalf by




Sean Lee Hogan
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1d. Foreign Currency
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




2. DEBTORS	2014	2013
	USD	USD

Amounts falling due within one year:
Other debtors	86,440	-
	86,440	-




3. SHARE CAPITAL	2014	2013
	USD	USD
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1