ZARRIN_SERVICES_LIMITED - Accounts
ZARRIN_SERVICES_LIMITED - Accounts
Company Registration No. 07487742 (England and Wales)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013
Registered Office
136652-BX-2013
England
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2013
- 1 -
2013
2012
Notes
€
€
€
€
Fixed assets
Investments
2
Current assets
Debtors
Creditors: amounts falling due within one year
(10,692 )
(6,563 )
Net current liabilities
(9,687 )
(6,236 )
Total assets less current liabilities
(9,686 )
(6,235 )
Capital and reserves
Called up share capital
3
Profit and loss account
(9,803 )
(6,352 )
Shareholders' funds
(9,686 )
(6,235 )
Directors' responsibilities:
-
-
Approved by the Board and authorised for issue on 11 September 2014
Director
Company Registration No. 07487742
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013
1
Accounting policies
1.1
Accounting convention
The financial statements have been prepared on the going concern basis. This is considered appropriate as the ultimate beneficial shareholders will continue to provide financial support to the company for the foreseeable future.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
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
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.6
Foreign currency translation
The company's accounting records are maintained in Euros.
Transactions in other currencies are converted at the rate ruling at the date of the transaction. Monetary assets and liabilities are converted at the rate of exchange ruling at the balance sheet date. Any material gains or losses resulting from the conversion are taken to the profit and loss account.
Transactions in other currencies are converted at the rate ruling at the date of the transaction. Monetary assets and liabilities are converted at the rate of exchange ruling at the balance sheet date. Any material gains or losses resulting from the conversion are taken to the profit and loss account.
2
Fixed assets
Investments
€
Cost
At 1 January 2013 & at 31 December 2013
1
At 31 December 2012
1
The above represents 1% holding in Executive Trade Consulting LLP and is stated at cost.
3
Share capital
2013
2012
€
€
Allotted, called up and fully paid
The issued shares represent 100 ordinary shares with a par value of £1 each.