Barkas Investments (Ely) Limited - Accounts

Registered number

04935066

Barkas Investments (Ely) Limited

Report and Accounts

31 October 2014

Barkas Investments (Ely) Limited
Registered number:		04935066
Directors' Report

The directors present their report and accounts for the year ended 31 October 2014.

Principal activities
The main asset of the company was sold on 27 August 2013 and income ceased on that date. The company's principal activity during the period to 31 October 2014 was to distribute the remaining funds and prepare for dissolution of the company.

Directors
The following persons served as directors during the year:

	Mr L Barnes
	Mr S Barnes

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 27 November 2014 and signed on its behalf.





Mr L Barnes
Director

Barkas Investments (Ely) Limited
Profit and Loss Account
for the year ended 31 October 2014


Notes		2014		2013
£			£

Turnover		-		26,858

Administrative expenses		(401)		(5,406)

Operating (loss)/profit		(401)		21,452

Exceptional items:
profit on the disposal of investments		-		43,521

		(401)		64,973

Interest payable	2	-		(2,183)

(Loss)/profit on ordinary activities before taxation		(401)		62,790

Tax on (loss)/profit on ordinary activities	3	-		(3,854)

(Loss)/profit for the financial year		(401)		58,936

Barkas Investments (Ely) Limited
Balance Sheet
as at 31 October 2014

Notes			2014			2013
£				£
Current assets
Cash at bank and in hand		100			93,443

Creditors: amounts falling due within one year	4	-			(6,942)

Net current assets			100			86,501

Net assets			100			86,501

Capital and reserves
Called up share capital	5		100			100
Profit and loss account	6		-			86,401

Shareholders' funds			100			86,501

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.





Mr L Barnes
Director
Approved by the board on 27 November 2014

Barkas Investments (Ely) Limited
Notes to the Accounts
for the year ended 31 October 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). As the income of the company has ceased, assets and liabilities have been stated at their recoverable amounts. In this case, that is equal to the historical costs.

	Turnover
	Turnover represents the value of rents receivable and services supplied by the company.


2	Interest payable					2014		2013
£							£

	Interest payable					-		2,183


3	Taxation					2014		2013
£							£

	UK corporation tax					-		3,854


4	Creditors: amounts falling due within one year					2014		2013
£							£

	Trade creditors					-		1,200
	Corporation tax					-		3,854
	Other creditors					-		1,888
						-		6,942


5	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100


6	Profit and loss account					2014
£

	At 1 November 2013					86,401
	Loss for the year					(401)
	Dividends					(86,000)

	At 31 October 2014					-


7	Dividends					2014		2013
£							£

	Dividends for which the company became liable during the year:
	Dividends paid					86,000		45,000