As at
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2015 £ |
2014 £ |
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Fixed assets | |||
Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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(
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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: |
(
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(
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Total net assets (liabilities): |
(
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(
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The notes form part of these financial statements
As at 30 April 2015
Notes |
2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 2 |
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Profit and loss account: |
(
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(
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Shareholders funds: |
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(
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2015
Basis of measurement and preparation of accounts
1.1 Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company meets its day to day working capital requirements through the support of the directors of the company. The directors have indicated that this support will continue for at least 12 months after the date of signing the accountants report and, on this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover policy
Turnover represents amounts receivable for property rental and the sale of properties. Income is recognized per rental agreements signed and on property sales when the legal title of property is transferred.