Registered Number 00390322
31 March 2014
Notes to the Abbreviated Accounts for the period ended 31 March 2014
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.
Other accounting policies
Fixed asset investments are stated at cost less provision for diminution in value.
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise of a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2Fixed assets Investments
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company Subsidiary Undertaking - Threadex Developments Limited
Country of registration or incorporation - England and Wales
Class - Ordinary
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:
Company - Threadex Developments Limited
Principal activity - Property trading and development
Capital and reserves - £3,853,281
Profit/(loss) for the year - £(86,090)