Z & Z Investments Limited
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Balance Sheet |
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for the Period Ended 30 June 2015 |
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
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For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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The financial statements were approved by the Board of Directors on |
2015-10-15
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SIGNED ON BEHALF OF THE BOARD BY |
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Name |
Mr Z. Herzenshtein |
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The notes form part of these financial statements |
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Page 5 |
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Z & Z Investments Limited
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Notes to the Financial Statements |
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for the Period Ended 30 June 2015 |
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1. Accounting policies |
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Basis of preparation |
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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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Investments |
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Investments held as fixed assets are stated in the balance sheet at cost less any provision made for |
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impairment in value. Current asset investments are stated at the lower of cost or net realisable value. |
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Investment Properties |
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Investment Properties are included in the balance sheet at their open market value in accordance withthe Financial Reporting Standard for Smaller Entities (effective April 2008), no depreciation is charged.
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Page 6 |
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