Registered Number NI057671
CARBRIDGE PROPERTIES LIMITED
Abbreviated Accounts
31 December 2015
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Tangible assets depreciation policy
Plant and machinery - 20% straight line
Other accounting policies
Work in progress is valued at the lower of cost and net realisable value.
Related party transactions
A balance of £274,058 was owing from Evergreen Energy Ltd which is partly owned and controlled by Garth Henry, a director of the company.
£3,010 received from Dunluce PLC, controlled by the directors of Carbridge Properties Ltd. A total balance of £22,085 was owed to Dunluce Plc.
A total balance of £142,479 was owed to Glyco Developments Limited, owned by Robert Henry, a close family member of the directors of Carbridge Properties Limited. There were no transactions in the year.
A total balance of £294,718 was owed to Texel Investments Limited, owned and controlled by close family members of the directors of Carbridge Properties Ltd. There were no transactions in the year.
£10,600 received from Corbel Investments Ltd, owned and controlled by close family members of the directors of Carbridge Properties Ltd. A total balance of £970,250 was owed to Corbel Investments Ltd.
Going concern
During the current year ended 31/12/2015 net transactions from related parties amounted to £35,992. Related party balance in total is £1,185,647 at the year end. It is unlikely that the company would be able to continue without the financial support of the directors and related companies.