| Lancastrian Investments and Securities Limited |
| Registered number: |
00806534 |
| Balance Sheet |
| as at 31 December 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
55,384 |
|
|
55,384 |
|
| Creditors: amounts falling due within one year |
3 |
|
(199) |
|
|
(29) |
|
| Net current liabilities |
|
|
|
(199) |
|
|
(29) |
|
| Net assets |
|
|
|
55,185 |
|
|
55,355 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
650,000 |
|
|
650,000 |
| Profit and loss account |
|
|
|
(594,815) |
|
|
(594,645) |
|
| Shareholder's funds |
|
|
|
55,185 |
|
|
55,355 |
|
|
|
|
|
|
|
|
| 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 member has 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S M Blank |
| Director |
| Approved by the board on 12 September 2018 |
|
| Lancastrian Investments and Securities Limited |
| Notes to the Accounts |
| for the year ended 31 December 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 January 2017 |
55,384 |
|
|
At 31 December 2017 |
55,384 |
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
170 |
|
- |
|
Corporation tax |
29 |
|
29 |
|
|
|
|
|
|
199 |
|
29 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
Lancastrian Investments and Securities Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Apartment 10 Holmrook |
|
Suffolk Road |
|
Altrincham |
|
Cheshire |
|
WA14 4QX |
