S & C Properties (Derby) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06971851 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

S & C Properties (Derby) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S Binch

SECRETARY:

Mr C Wright

REGISTERED OFFICE:

Hopwell Hall

Hopwell Park

Ockbrook

Derbyshire

DE72 3RW

REGISTERED NUMBER:

06971851 (England and Wales)

ACCOUNTANTS:

Franklin Underwood

1 Pinnacle Way

Pride Park

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

2

545,431

545,431

CURRENT ASSETS

Debtors

2,886

31,714

Cash at bank and in hand

2,306

2,381

5,192

34,095

CREDITORS

Amounts falling due within one year

4,700

20,250

NET CURRENT ASSETS

492

13,845

TOTAL ASSETS LESS CURRENT LIABILITIES

545,923

559,276

CREDITORS

Amounts falling due after more than one year

781,501

706,646

NET LIABILITIES

(235,578

)

(147,370

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(235,580

)

(147,372

)

SHAREHOLDERS' FUNDS

(235,578

)

(147,370

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 December 2014 and were signed by:

Mr S Binch - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any

incidental costs of acquisition.

In accordance with Statement of Standard Accounting Practice No. 19, investment properties are stated at their

open market valuation and are not depreciated.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

545,431

NET BOOK VALUE

At 31 July 2014

545,431

At 31 July 2013

545,431

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2