Company Registration No. 07018036 (England and Wales)
MADDOX INVESTMENTS (UK) LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
MADDOX INVESTMENTS (UK) LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
159,704
159,704
Current assets
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
(159,704)
(159,704)
Net current liabilities
(159,604)
(159,704)
Total assets less current liabilities
100
100
Capital and reserves
Called up share capital
3
100
100
Shareholders' funds
100
100
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 and authorised for issue on 22 May 2017
Mr S M Bliss
Director
Company Registration No. 07018036
MADDOX INVESTMENTS (UK) LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Ultimate Control
Matson International Ltd,(incorporated in British Virgin Islands) is regarded by the director as being the ultimate controlling company.
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
Prior period figures have been restated to rectify investment value.
2
Fixed assets
Investments
£
Cost
At 1 October 2015 & at 30 September 2016
159,704
At 30 September 2015
159,704
Company holds 100% share capital - 620,000TL in MADOX ICKI SATIS VE PAZARLAMA TICARETI A.S. (company incorporated in Turkey)
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100
100