Moness Properties Limited - Limited company - abbreviated - 11.6
Moness Properties Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 DECEMBER 2014 |
| FOR |
| MONESS PROPERTIES LIMITED |
| MONESS PROPERTIES LIMITED (REGISTERED NUMBER: SC198913) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 5 |
| MONESS PROPERTIES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| MONESS PROPERTIES LIMITED (REGISTERED NUMBER: SC198913) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2014 |
| 2014 | 2013 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors | 3 |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| MONESS PROPERTIES LIMITED (REGISTERED NUMBER: SC198913) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 December 2014 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis. Although the balance sheet is in deficit of £51,530 |
| (2013: £44,037 restated), included within creditors there is a balance totalling £364,909 (2013: £364,896 restated) owed to a |
| group company. These amounts will not be repaid until the company is in a position to do so. As a result the directors |
| believe that preparation of the financial statements on a going concern basis is applicable. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Tangible fixed assets |
| Land and buildings | - |
| Deferred tax |
| Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different |
| from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which |
| result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the |
| timing differences reverse, based on current tax rates and laws. |
| Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment |
| to sell the asset. |
| Deferred tax assets and liabilities are not discounted. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | as restated |
| £ | £ |
| Ordinary Shares | £1 |
| MONESS PROPERTIES LIMITED (REGISTERED NUMBER: SC198913) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 December 2014 |
| 5. | ULTIMATE PARENT COMPANY |
| The company is controlled by Worldwide Leisure Group Limited, a company registered in England and Wales. |
| The parent undertaking of the largest and smallest group which includes the Company and for which group accounts are |
| prepared is Worldwide Leisure Group Limited, the accounts of which are available from Companies House, Cardiff. |
| 6. | RELATED PARTY DISCLOSURES |
| During the year the company transacted with another restated). |
| 7. | POST BALANCE SHEET EVENTS |
| As at 31 December 2014, Vose Group Limited owns 49% of the share capital of Moness Properties Limited. Vose Group |
| Limited has purchased an additional 40 shares in January 2015 which has increased the shareholding to 89%. |
| MONESS PROPERTIES LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| MONESS PROPERTIES LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages two to four and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 23 September 2015 |