05107560_LIMITED - Accounts
05107560_LIMITED - Accounts
Company Registration No. 05107560 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MAY 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
-
Current assets
Debtors
Cash at bank and in hand
-
Creditors: amounts falling due within one year
-
(141,959 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Other reserves
-
Profit and loss account
-
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 5 February 2016
Director
Director
Company Registration No. 05107560
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The company ceased to trade post year end and became a wholly owned dormant subsidiary of Pierce Group Ltd.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.5
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.
2
Fixed assets
£
Cost
At 1 June 2014 & at 31 May 2015
-
At 31 May 2014
645,200
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
-
-
-
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2015
- 3 -
4
Ultimate parent company
The ultimate controlling parties are Paul Warren, John Green, Nadeem Hussain and Mark Maden-Wilkinson who, between them, own all of the issued share capital of Pierce Group Ltd, the ultimate parent company.