FAIRGAIN INVESTMENTS LIMITED Accounts filed on 31-12-2014

FAIRGAIN INVESTMENTS LIMITED Accounts filed on 31-12-2014

FAIRGAIN INVESTMENTS LIMITED - Company Information

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FAIRGAIN INVESTMENTS LIMITED




Company Registration Number:
02907076 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st January 2014

End date: 31st December 2014

SUBMITTED

FAIRGAIN INVESTMENTS LIMITED

Company Information
for the Period Ended 31st December 2014




Director: Arnold Narine
Company secretary: Five Secretaries Ltd
Registered office: 40 Lansdowne Road
Luton
Bedfordshire
LU3 1EE
Company Registration Number: 02907076 (England and Wales)

FAIRGAIN INVESTMENTS LIMITED

Abbreviated Balance sheet
As at 31st December 2014

Notes 2014
£		 2013
£
Current assets
Cash at bank and in hand: 3,651 4,243
Total current assets: 3,651 4,243
Creditors
Creditors: amounts falling due within one year 20,269 20,269
Net current assets (liabilities): ( 16,618 ) ( 16,026 )
Total assets less current liabilities: ( 16,618 ) ( 16,026 )
Total net assets (liabilities): ( 16,618 ) ( 16,026 )

The notes form part of these financial statements

FAIRGAIN INVESTMENTS LIMITED

Abbreviated Balance sheet
As at 31st December 2014
continued

Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 2 200,000 200,000
Profit and Loss account: ( 216,618 ) ( 216,026 )
Total shareholders funds: ( 16,618 ) ( 16,026 )

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 12 May 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Arnold Narine
Status: Director

The notes form part of these financial statements

FAIRGAIN INVESTMENTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st December 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

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

    Turnover policy

    Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

    Other accounting policies

    Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

FAIRGAIN INVESTMENTS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st December 2014

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 200,000 1.00
    1.00
    		200,000
    Total share capital: 200,000
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 200,000 1.00
    1.00
    		200,000
    Total share capital: 200,000