Abbreviated Company Accounts - LANCASTRIAN INVESTMENTS AND SECURITIES LIMITED

Abbreviated Company Accounts - LANCASTRIAN INVESTMENTS AND SECURITIES LIMITED


Registered Number 00806534

LANCASTRIAN INVESTMENTS AND SECURITIES LIMITED

Abbreviated Accounts

31 December 2013

LANCASTRIAN INVESTMENTS AND SECURITIES LIMITED Registered Number 00806534

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Investments 2 55,384 55,384
55,384 55,384
Creditors: amounts falling due within one year (6,002) (4,894)
Net current assets (liabilities) (6,002) (4,894)
Total assets less current liabilities 49,382 50,490
Accruals and deferred income (200) (1,050)
Total net assets (liabilities) 49,182 49,440
Capital and reserves
Called up share capital 3 650,000 650,000
Profit and loss account (600,818) (600,560)
Shareholders' funds 49,182 49,440
  • For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
STEPHEN BLANK, Director

LANCASTRIAN INVESTMENTS AND SECURITIES LIMITED Registered Number 00806534

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Valuation information and policy
Fixed asset investments are stated at cost less provision for permanent diminution in value

Other accounting policies
Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts

2Fixed assets Investments
The company holds 20% or more of the share capital of the following companies:
Subsidiary undertaking - Manchester Industrial Finance Limited
Country of incorporation - England and Wales
Nature of business - Consultancy, share dealing and general finance
Class Shares held - Ordinary
Percentage of shares held - 100%

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 £292,448
Profit for the year £68,245

3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
650,000 Ordinary shares of £1 each 650,000 650,000