Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

TORRIDON INVESTMENTS LTD - Company Information

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TORRIDON INVESTMENTS LTD

Company Registration Number:
05752713 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

TORRIDON INVESTMENTS LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 60,086 60,086
Total fixed assets: 60,086 60,086
Current assets
Debtors: 42 166
Cash at bank and in hand: 157 96
Total current assets: 199 262
Creditors: amounts falling due within one year: ( 40,751 ) ( 39,520 )
Net current assets (liabilities): ( 40,552 ) ( 39,258 )
Total assets less current liabilities: 19,534 20,828
Total net assets (liabilities): 19,534 20,828

The notes form part of these financial statements

TORRIDON INVESTMENTS LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 20 20
Profit and loss account: 19,514 20,808
Shareholders funds: 19,534 20,828

For the year ending 31 March 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 17 October 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Peter Sinclair Bridges
Status: Director

The notes form part of these financial statements

TORRIDON INVESTMENTS LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention.

    Turnover policy

    Turnover represents net invoiced sales excluding Valued Added Tax.

    Tangible fixed assets depreciation policy

    Deprecation is provided for at the following annual rates in order to write-off each asset over its estimated useful life. Computer Equipment 50% on cost

TORRIDON INVESTMENTS LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 60,086
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 60,086
    Depreciation
    01 April 2015: 0
    Charge for year: 0
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 0
    Net book value
    31 March 2016: 60,086
    31 March 2015: 60,086

    The Tangible Assets are investments - shares in Catalina Resources PLC, a company registered in England and Wales.

TORRIDON INVESTMENTS LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 20 1.00 20
    Preference shares: 0
    Total share capital (£): 20
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 20 1.00 20
    Preference shares: 0
    Total share capital (£): 20

TORRIDON INVESTMENTS LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Related party disclosures

    Name of the ultimate controlling party during the period: Peter Bridges
    Name of related party: Peter Bridges
    Relationship: Director
    Description of the transaction Director in both companies
    Balance at 01 April 2015 60,086
    Balance at 31 March 2016 60,086

    Additional information

    Mr Peter Bridges, a director of Torridon Investments Ltd., is a director of Catalina Resources PLC in which Torridon Investments is a minor shareholder.