CHARNOCK_INVESTMENTS_LIMI - Accounts

CHARNOCK INVESTMENTS LIMITED - Company Information

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Company Registration No. 03512094 (England and Wales)

CHARNOCK INVESTMENTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2014

CHARNOCK INVESTMENTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CHARNOCK INVESTMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

2013

Notes

Fixed assets

Investments

1,750,000

Current assets

Debtors

8,250

25,167

Cash at bank and in hand

766,538

683,624

774,788

708,791

Creditors: amounts falling due within one year

(12,884)

(1,484)

Net current assets

761,904

707,307

Total assets less current liabilities

2,511,904

2,457,307

Creditors: amounts falling due after more than one year

(1,650,000)

861,904

807,307

Capital and reserves

Called up share capital

100

Profit and loss account

861,804

807,207

Shareholders' funds

861,904

807,307

For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 April 2015

H H Collinson

Director

Company Registration No. 03512094

CHARNOCK INVESTMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

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

Turnover represents amounts receivable from investments.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Investments

Cost

At 1 August 2013 & at 31 July 2014

1,750,000

At 31 July 2013

1,750,000

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

The ultimate controlling party is H H Collinson, director and sole shareholder.

Related party relationships and transactions

At the year end an amount of £8,250 (2013 - £nil) was owed by H H Collinson, director and shareholder. The movement during the year relates to amounts loaned to the director of £8,250 (2013 - £nil). The maximum amount overdrawn in the year was £8,250.