Abbreviated Company Accounts - BALLYCOWAN LIMITED

BALLYCOWAN LIMITED - Company Information

NI609871 BALLYCOWAN LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true NI609871 2014-01-01 2014-12-31 NI609871 2014-12-31 NI609871 2013-12-31 NI609871 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 NI609871 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number NI609871

BALLYCOWAN LIMITED

Abbreviated Accounts

31 December 2014

BALLYCOWAN LIMITED Registered Number NI609871

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	539,944	539,944
		539,944	539,944
Current assets
Debtors		164,551	105,777
Cash at bank and in hand		3,938	13,808
		168,489	119,585
Creditors: amounts falling due within one year		(455,487)	(452,994)
Net current assets (liabilities)		(286,998)	(333,409)
Total assets less current liabilities		252,946	206,535
Total net assets (liabilities)		252,946	206,535
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		252,945	206,534
Shareholders' funds		252,946	206,535

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 29 April 2015

And signed on their behalf by:
Brian Keown, Director

BALLYCOWAN LIMITED Registered Number NI609871

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost and comply with financial reporting standards of the Accounting Standards Board.

Other accounting policies
Taxation
Corporation tax is calculated as a result of timing difference between accounting and taxation profits is provided for in full respect of deferred tax liabilities. Such provision or recognition is made at the taxation rates at which the difference are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax assets are recognised to the extent that they are regarded as recoverable.

2Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1