Abbreviated Company Accounts - BELFAIRS MANAGEMENT LIMITED

BELFAIRS MANAGEMENT LIMITED - Company Information

05785885 BELFAIRS MANAGEMENT LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 05785885 2014-05-01 2015-04-30 05785885 2015-04-30 05785885 2014-04-30 05785885 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 05785885 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 05785885

BELFAIRS MANAGEMENT LIMITED

Abbreviated Accounts

30 April 2015

BELFAIRS MANAGEMENT LIMITED Registered Number 05785885

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	-	8,603
Investments	3	2,000,000	2,000,000
		2,000,000	2,008,603
Current assets
Debtors		1,639,346	1,639,346
		1,639,346	1,639,346
Creditors: amounts falling due within one year		(3,760,902)	(3,769,505)
Net current assets (liabilities)		(2,121,556)	(2,130,159)
Total assets less current liabilities		(121,556)	(121,556)
Total net assets (liabilities)		(121,556)	(121,556)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(121,557)	(121,557)
Shareholders' funds		(121,556)	(121,556)

For the year ending 30 April 2015 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 2 April 2016

And signed on their behalf by:
LOAY JOLAG, Director

BELFAIRS MANAGEMENT LIMITED Registered Number 05785885

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The company did not trade and remained dormant during the year.

Tangible assets depreciation policy
The company did not have any tangible assets at the end of the year so no depreciation policy applicable.

2Tangible fixed assets

	£
Cost
At 1 May 2014	24,903
Additions	-
Disposals	(24,903)
Revaluations	-
Transfers	-
At 30 April 2015	0
Depreciation
At 1 May 2014	16,300
Charge for the year	-
On disposals	(16,300)
At 30 April 2015	0
Net book values
At 30 April 2015	0
At 30 April 2014	8,603

3Fixed assets Investments
It represents the acquisition of 60% shares in Waveform Solutions Ltd in February 2008, in good faith and on the representations made by the director Mr Sutherland. Waveform Solutions Ltd went into Administration on 5.11.2008 and then on 24.2.2009 it was put into Creditors Voluntary Liquidation. Belfairs Management Ltd is pursuing Mr Sutherland for the recovery of funds injected into Waveform Solutions Ltd and for the funds paid for the purchase of shares through Courts.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1