ABC_TEXTILES_LIMITED - Accounts

A B C TEXTILES LIMITED - Company Information

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Company Registration No. 02375027 (England and Wales)

ABC TEXTILES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

ABC TEXTILES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ABC TEXTILES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

277,050

Current assets

Debtors

41,112

Creditors: amounts falling due within one year

(1,750)

(250)

Net current liabilities/(assets)

(1,750)

40,862

Total assets less current liabilities

275,300

317,912

Capital and reserves

Called up share capital

50,000

Profit and loss account

225,300

267,912

Shareholders' funds

275,300

317,912

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 January 2016

Mr Julian Rothera

Director

Company Registration No. 02375027

ABC TEXTILES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.3

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 May 2014 & at 30 April 2015

277,050

At 30 April 2014

277,050

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

SARL Les Gites de Carlux

France

Ordinary

100.00

SCI Les Gites de Carlux

France

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

SARL Les Gites de Carlux

Holiday Property Rental

(87,640)

5,360

SCI Les Gites de Carlux

Holiday Property Rental

498,530

3,597

ABC TEXTILES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

49,000 Ordinary of £1 each

49,000

1,000 Preference of £1 each

1,000

50,000