Abbreviated Company Accounts - DUAL INVESTMENTS LIMITED

Abbreviated Company Accounts - DUAL INVESTMENTS LIMITED


Registered Number 08685245

DUAL INVESTMENTS LIMITED

Abbreviated Accounts

31 December 2014

DUAL INVESTMENTS LIMITED Registered Number 08685245

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,142,353
1,142,353
Current assets
Debtors 3 18,222
Cash at bank and in hand 394,019
412,241
Creditors: amounts falling due within one year 4 (425,538)
Net current assets (liabilities) (13,297)
Total assets less current liabilities 1,129,056
Creditors: amounts falling due after more than one year 4 (1,085,708)
Total net assets (liabilities) 43,348
Capital and reserves
Called up share capital 5 2
Profit and loss account 43,346
Shareholders' funds 43,348
  • For the year ending 31 December 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 11 May 2015

And signed on their behalf by:
Conor James Fagan, Director

DUAL INVESTMENTS LIMITED Registered Number 08685245

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared in accordance with United Kingdom Generally Accepted Accounting Practise (United Kingdom Accounting Standards and applicable law). Accounting Standards generally accepted in Ireland in preparing financial statements giving a true and fair view are those published by Chartered Accountants Ireland and issue by the Financial Reporting Council.

Turnover policy
The total turnover of the company for the period has been derived from its principal activities of property rental and property management wholly undertaken in the UK.

Tangible assets depreciation policy
No depreciation is provided on these asstes as their market value is considered to be in excess of cost and the properties are maintained in 'as new' condition.

2Tangible fixed assets
£
Cost
Additions 1,142,353
Disposals -
Revaluations -
Transfers -
At 31 December 2014 1,142,353
Depreciation
Charge for the year -
On disposals -
At 31 December 2014 -
Net book values
At 31 December 2014 1,142,353
3Debtors
2014
£
Debtors include the following amounts due after more than one year 18,222

Deposits held by Solicitor

4Creditors
2014
£
Secured Debts 47,292
Instalment debts due after 5 years 492,789
Non-instalment debts due after 5 years 0
5Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2 Ordinary shares of £2 each 4