REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014 |
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LONDON CAPITAL FUNDCO 1 LIMITED |
REGISTERED NUMBER:
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ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014 |
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FOR |
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LONDON CAPITAL FUNDCO 1 LIMITED |
LONDON CAPITAL FUNDCO 1 LIMITED (REGISTERED NUMBER: 06425856) |
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CONTENTS OF THE ABBREVIATED ACCOUNTS |
For The Year Ended 31 December 2014 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 3 |
LONDON CAPITAL FUNDCO 1 LIMITED |
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COMPANY INFORMATION |
For The Year Ended 31 December 2014 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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LONDON CAPITAL FUNDCO 1 LIMITED (REGISTERED NUMBER: 06425856) |
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ABBREVIATED BALANCE SHEET |
31 December 2014 |
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2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
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CURRENT ASSETS |
Debtors |
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Cash in hand |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 3 |
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Capital redemption reserve |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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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. |
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The financial statements were approved by the Board of Directors on
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LONDON CAPITAL FUNDCO 1 LIMITED (REGISTERED NUMBER: 06425856) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
For The Year Ended 31 December 2014 |
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1. | ACCOUNTING POLICIES |
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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). |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
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2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 January 2014 | 990 |
Additions | 196 |
Disposals | (500 | ) |
At 31 December 2014 | 686 |
NET BOOK VALUE |
At 31 December 2014 |
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At 31 December 2013 |
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The company's investments at the Balance Sheet date in the share capital of companies include the following: |
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Associated company |
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Nature of business:
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Class of shares: | holding |
Ordinary | 42.24 |
2014 | 2013 |
£ | £ |
Aggregate capital and reserves | (1,149,785 | ) | (682,922 | ) |
Loss for the year | (467,327 | ) | (359,546 | ) |
LONDON CAPITAL FUNDCO 1 LIMITED (REGISTERED NUMBER: 06425856) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
For The Year Ended 31 December 2014 |
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3. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
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A Ordinary | 1p |
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(2013 -
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B Ordinary | 1p |
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(2013 -
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C Ordinary | 1p |
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(2013 -
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E Ordinary | 1p |
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464 | F Ordinary | 1p | 5 | 2 |
400 | G Ordinary | 1p | 4 | 3 |
(2013 - 260) |
400 | J Ordinary | 1p | 4 | 3 |
(2013 - 260) |
165 | L Ordinary | 1p | 2 | 1 |
(2013 - 130) |
69 | M Ordinary | 1p | 1 | 1 |
(2013 - 45) |
800 | E1 Ordinary | 1p | 8 | 2 |
(2013 - 170) |
57 | 37 |
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The following shares were issued during the year for cash at par : |
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164 F Ordinary shares of 1p |
140 G Ordinary shares of 1p |
140 J Ordinary shares of 1p |
35 L Ordinary shares of 1p |
24 M Ordinary shares of 1p |
630 E1 Ordinary shares of 1p |
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All classes of shares shall rank pari passu in all respects save as set out in the Articles of Association. |
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4. | RELATED PARTY DISCLOSURES |
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One Ennismore Limited |
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An company in which A H J Binnie and A J D Seddon have an interest |
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During the year to 31 December 2014, the company loaned One Ennismore Limited £285,311 (2013 - £691,893). The balance |
outstanding at the year end was £3,429,314 (2013 - £3,144,004). £nil (2013 - £694,494) is included within other debtors and |
£3,429,314 (2013 - £2,449,510) is included within loan notes, both amounts being due within one year. |
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During the year to the 31 December 2014, the company was loaned £5,172 (2013- £nil) by One Ennismore Limited. The balance |
outstanding at the year end was £5,172 (2013 - £nil), which is included within Other Creditors. |
LONDON CAPITAL FUNDCO 1 LIMITED (REGISTERED NUMBER: 06425856) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
For The Year Ended 31 December 2014 |
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4. | RELATED PARTY DISCLOSURES - continued |
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London Capital Corp Limited |
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A company in which A H J Binnie and A J D Seddon have an interest |
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During the year to 31 December 2014, London Capital Corp Limited, loaned the company £500 (2013 - £140,000). The balance |
outstanding at the year end was £9,894 (2013 - £149,394). This amount is included within other creditors due within one year. |
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Included within Creditors due within one year: Loan notes is an amount of £400,000 (2013 - £260,000) due to London Capital Corp |
Limited. |
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5. | ULTIMATE CONTROLLING PARTY |
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