Company Registration No. 06329645 (England and Wales)
MANDORA INVESTMENTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
MANDORA INVESTMENTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
MANDORA INVESTMENTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,058,928
1,058,928
Current assets
Debtors
712,766
706,759
Cash at bank and in hand
21,158
7,007
733,924
713,766
Creditors: amounts falling due within one year
(25,381)
(20,608)
Net current assets
708,543
693,158
Total assets less current liabilities
1,767,471
1,752,086
Capital and reserves
Called up share capital
3
299
299
Other reserves
1,057,928
1,057,928
Profit and loss account
709,244
693,859
Shareholders' funds
1,767,471
1,752,086
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 September 2016
Mr P Ferstendik
Director
Company Registration No. 06329645
MANDORA INVESTMENTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for services.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
Nil
No depreciation is provided on leasehold buildings as it is the company's policy to maintain these assets in a continual state of sound repair to extend and make improvements from time to time. Accordingly the directors consider that the lives of these assets are sufficiently long and residual values, based upon prices prevailing at the time of the acquisition or subsequent valuation, are high enough such that their depreciation is insignificant. Any permanent dimunition in value of such properties is provided for in the profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2015 & at 31 December 2015
1,058,928
At 31 December 2014
1,058,928
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2,400 Ordinary Shares of 8.3333p each
200
200
612 Ordinary A-Shares of 8.3333p each
51
51
576 Ordinary B-Shares of 8.3333p each
48
48
299
299