Registered Number 04446123
STEADHURST PROPERTIES LTD
Abbreviated Accounts
31 May 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 3 |
( |
( |
Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 3 |
( |
( |
Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Tangible assets depreciation policy
Investment property is not depreciated. Investment property is included at valuation, subject to any
necessary impairment review. Revaluation by professional valuers takes place twice over five years, and
in the interim periods revaluation is by the director, with any revaluation surplus credited to investment
property revaluation reserve. Any deficit on revaluation is firstly charged against previous surpluses on investment property revaluation reserve, and than to profit and loss account.
£ | |
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Cost | |
At 1 June 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 May 2015 |
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Depreciation | |
At 1 June 2014 |
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Charge for the year |
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On disposals |
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At 31 May 2015 |
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Net book values | |
At 31 May 2015 | 2,800,000 |
At 31 May 2014 | 2,800,000 |
2015
£ |
2014
£ |
|
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Secured Debts |
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Instalment debts due after 5 years |
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