REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cavendish Holdings Limited |
|
Abbreviated Unaudited Accounts |
|
for the Year Ended |
|
31 December 2014 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cavendish Holdings Limited |
|
Abbreviated Unaudited Accounts |
|
for the Year Ended |
|
31 December 2014 |
|
|
|
|
|
Cavendish Holdings Limited (Registered number: 01018967) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Year Ended 31 December 2014 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
Cavendish Holdings Limited |
|
Company Information |
for the Year Ended 31 December 2014 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
|
|
|
|
Cavendish Holdings Limited (Registered number: 01018967) |
|
Abbreviated Balance Sheet |
31 December 2014 |
|
31.12.14 | 31.12.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year |
|
|
NET LIABILITIES | ( |
) | ( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
Cavendish Holdings Limited (Registered number: 01018967) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 31 December 2014 |
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
Tangible fixed assets |
|
|
Plant and machinery etc | - |
|
|
Stocks |
Properties held for re-sale have been valued by the director at the lower of cost and net realisable value. |
|
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
Going concern |
The financial statements have been prepared on a going concern basis. This basis may not be appropriate because at |
the Balance sheet date the company had a deficiency of assets totalling £3,986,476. However, as disclosed in note 7 |
to the financial statements, creditors include an amount of £4,029,748 being a loan from the beneficiaries of the |
estate of a deceased director. The beneficiaries have undertaken not to seek repayment of the loan in the foreseeable |
future and the business activity is dependant, therefore, on this support. These financial statements have been |
prepared on the basis that this support will continue. Should the company be unable to continue trading, adjustments |
would have to be made to state the assets at their recoverable amount, to provide for any other liabilities which may |
arise, and to reclassify long term liabilities as current liabilities. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
and 31 December 2014 |
|
DEPRECIATION |
At 1 January 2014 |
|
Charge for year |
|
At 31 December 2014 |
|
NET BOOK VALUE |
At 31 December 2014 |
|
At 31 December 2013 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
4. | ULTIMATE PARENT COMPANY |
|
The company is a wholly owned subsidiary of Lukray Investments Limited a company incorporated in England and |
Wales. |
Cavendish Holdings Limited (Registered number: 01018967) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 December 2014 |
|
5. | RELATED PARTY DISCLOSURES |
|
The following transactions during the year and balance at the year end are as follows: |
|
|
Balance due to
related party brought forward |
Introduced |
Repaid |
Balance due to related party carried forward |
Balance at beginning and end of the year | £ | £ | £ | £ |
|
Mr A P M Bird (Director) | 235,777 | 294,294 | 5,000 | 525,071 |
|
|
|
During the year there was no movement on the loan that was made to The Bird Group of Companies Ltd, of which |
Mr A P M Bird is a director. The balance at the year end is £274,475. |