SUBMITTED
Director: |
|
|
|
||
Company secretary: |
|
|
Registered office: |
|
|
|
||
|
||
Company Registration Number: |
|
|
Notes | 2014 £ |
2013 £ |
|
---|---|---|---|
Current assets | |||
Debtors: | 3 |
|
- |
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors | |||
Creditors: amounts falling due within one year | 4 |
|
- |
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Total net assets (liabilities): |
|
|
The notes form part of these financial statements
Notes | 2014 £ |
2013 £ |
|
---|---|---|---|
Capital and reserves | |||
Called up share capital: | 5 |
|
|
Profit and Loss account: |
|
|
|
Total shareholders funds: |
|
|
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: John Andrew
Status: Director
The notes form part of these financial statements
Basis of measurement and preparation of accounts
Turnover policy
Valuation information and policy
Debtors represents accrued fees on transactions processed on behalf of a related entity. See the related party disclosure note for additional information.
The creditors balance and a corresponding element of the cash balance represents money belonging to a related party. See the related party disclosures note for more detail.
Name of related party: |
|
Relationship: |
|
Description of the transaction: |
|
Balance at 01st January 2014 |
|
Balance at 31st December 2014 |
|
The balance above (being the net of creditor and debtor balances) and a corresponding element of the cash balance represents money belonging to Rurik Real Estate Investment Ltd, a related company established in the Cayman Islands. The UK company is assisting the related Cayman company following the closure of all HSBC’s banking operations in the Cayman Islands leaving the Cayman company without a bank account. The UK company will receive a small fee for each transaction processed on behalf of the Cayman company from these funds. At year end the accrued fees are shown as debtors.