Pangeo Capital Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09303905 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 10 NOVEMBER 2014 TO 31 DECEMBER 2015

FOR

PANGEO CAPITAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A C Cowley

REGISTERED OFFICE:

3rd Floor

17C Curzon Street

London

United Kingdom

W1J 5HU

REGISTERED NUMBER:

09303905 (England and Wales)

ACCOUNTANTS:

Hadleys & Co.

Chartered Accountants &

Registered Auditors

8th Floor, Anchorage House

2 Clove Crescent

London

E14 2BE

FIXED ASSETS

Tangible assets

2

124,106

CURRENT ASSETS

Debtors

111,897

Cash at bank

34,865

146,762

CREDITORS

Amounts falling due within one year

(2,370

)

NET CURRENT ASSETS

144,392

TOTAL ASSETS LESS CURRENT LIABILITIES

268,498

CREDITORS

Amounts falling due after more than one year

3

(624,843

)

NET LIABILITIES

(356,345

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(356,346

)

SHAREHOLDERS' FUNDS

(356,345

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 August 2016 and were signed by:

A C Cowley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

132,541

At 31 December 2015

132,541

DEPRECIATION

Charge for period

8,435

At 31 December 2015

8,435

NET BOOK VALUE

At 31 December 2015

124,106

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

£

Repayable otherwise than by instalments

624,843

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

1