Registered number: 03059081 | ||||||||
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FOR THE YEAR ENDED 31/12/2014 | ||||||||
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Prepared By: | ||||||||
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Mitcham | ||||||||
Surrey | ||||||||
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SATHY BALA INVESTMENTS LIMITED | ||||||||
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ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED
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INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 03059081 | ||||||||
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SATHY BALA INVESTMENTS LIMITED | ||||||||
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Registered Number: 03059081 | ||||||||||
BALANCE SHEET AT 31/12/2014 | ||||||||||
2014 | 2013 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 |
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CURRENT ASSETS | ||||||||||
Debtors (amounts falling due within one year) | 4 |
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Cash at bank and in hand |
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98,083 |
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CREDITORS: Amounts falling due within one year |
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NET CURRENT LIABILITIES |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year | 5 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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Approved by the board on
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Director | ||||||||||
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SATHY BALA INVESTMENTS LIMITED | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2014 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
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1b. Depreciation | ||||||||
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Land And Buildings |
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1c. Taxation | ||||||||
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Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1d. Turnover | ||||||||
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1e. Goodwill | ||||||||
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SATHY BALA INVESTMENTS LIMITED | ||||||||
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2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2014 |
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At 31/12/2014 |
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Depreciation | ||||
At 01/01/2014 |
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At 31/12/2014 |
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Net Book Amounts | ||||
At 31/12/2014 | - | - | ||
3. TANGIBLE FIXED ASSETS | ||||
Land And | ||||
Buildings | Total | |||
£ | £ | |||
Cost | ||||
At 01/01/2014 |
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At 31/12/2014 | 1,126,293 | 1,126,293 | ||
Depreciation | ||||
At 01/01/2014 |
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For the year |
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At 31/12/2014 |
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Net Book Amounts | ||||
At 31/12/2014 |
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At 31/12/2013 |
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4. DEBTORS | 2014 | 2013 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Other debtors |
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SATHY BALA INVESTMENTS LIMITED | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2014 | 2013 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 679,156 | 724,837 | ||||||
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The bank loans bear interest at 1.5% above the National Westminster Bank Plc's base rate. They are secured by first legal charge over 220 High Street, London NW10 4SY. It is repayable by 2032. | ||||||||
6. SHARE CAPITAL | 2014 | 2013 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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7. RELATED PARTY TRANSACTIONS | ||||||||
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Loan to Sathy Media Limited £100,000. The company also made a loan of £90,000 to (2013: £70,000 from) Sathy Estates (Lettings) Limited. In addition it received a loan of £155,000 from Sathy Estates Limited. These companies are controlled by Mr S Sathiyavadivelu. | ||||||||