Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Folina Trading Co Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Folina Trading Co Ltd
for the Year Ended 31 December 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Folina Trading Co Ltd for the year ended 31 December 2014 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional -standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Folina Trading Co Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Folina Trading Co Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Folina Trading Co Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Folina Trading Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Folina Trading Co Ltd. You consider that Folina Trading Co Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Folina Trading Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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NA Associates LLP
Chartered Certified Accountants
Woodgate Studios
2-8 Games Road
Cockfosters
Hertfordshire
EN4 9HN
28 July 2015
Folina Trading Co Ltd
(Registration number: 04541934)
Abbreviated Balance Sheet at 31 December 2014
Note |
2014
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2013
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Fixed assets |
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Investments |
- |
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Current assets |
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Debtors |
- |
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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 |
- |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
.........................................
A Damotsidou
Director
2
Folina Trading Co Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Accounting policies |
Basis of preparation
Going concern
The company disposed of its investments in the period and it is intended that the company will be dissolved. Whilst the accounts have been prepared on a going concern basis, the director is of the view that there will be no significant adjustments if the break up basis were to be used.
Fixed asset investments
Foreign currency
Financial instruments
Folina Trading Co Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Fixed assets |
Investments
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Total
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Cost |
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At 1 January 2014 |
28,132 |
28,132 |
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Disposals |
(28,132) |
(28,132) |
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At 31 December 2014 |
- |
- |
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Depreciation |
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At 31 December 2014 |
- |
- |
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Net book value |
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At 31 December 2014 |
- |
- |
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At 31 December 2013 |
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Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
$ |
No. |
$ |
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