Sapphire Investments (UK) Limited - Limited company - abbreviated - 11.6
Sapphire Investments (UK) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30 June 2015 |
for |
Sapphire Investments (UK) Limited |
Sapphire Investments (UK) Limited (Registered number: 02723447) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 June 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Sapphire Investments (UK) Limited |
Company Information |
for the Year Ended 30 June 2015 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Sapphire Investments (UK) Limited (Registered number: 02723447) |
Abbreviated Balance Sheet |
30 June 2015 |
30.6.15 | 30.6.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Sapphire Investments (UK) Limited (Registered number: 02723447) |
Abbreviated Balance Sheet - continued |
30 June 2015 |
The financial statements were approved by the director on |
Sapphire Investments (UK) Limited (Registered number: 02723447) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 June 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
Turnover shown in these accounts represents rents receivable during the period. |
Tangible fixed assets |
Freehold property | - |
Fixtures and fittings | - |
Freehold investment properties are valued by directors each year at an open market basis, Any surplus or deficit |
arising is transferred to revaluation reserve, unless a deficit is expected to be permanent, in which case it is |
charged to profit and loss account. |
In accordance with Statement of Standard Accounting Practice Number 19, no depreciation is provided in |
respect of freehold investment properties. The directors consider that this accounting policy, which represents a |
departure from statutory accounting rules, is necessary to provide a true and fair view. The financial effect of the |
departure from these rules cannot reasonably be quantified as depreciation is only one of the main factors |
reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately |
identified or quantified. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 July 2014 |
Additions |
Revaluations |
At 30 June 2015 |
DEPRECIATION |
At 1 July 2014 |
Charge for year |
At 30 June 2015 |
NET BOOK VALUE |
At 30 June 2015 |
At 30 June 2014 |
3. | CREDITORS |
Creditors include an amount of £ |
Sapphire Investments (UK) Limited (Registered number: 02723447) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 June 2015 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.6.15 | 30.6.14 |
value: | £ | £ |
Ordinary | £1 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Director's loan of £10,700 is owed to Mr P K Santilal at the year end. |