Abbreviated Company Accounts - SOMERS REAL ESTATE LIMITED

Abbreviated Company Accounts - SOMERS REAL ESTATE LIMITED

SOMERSSTC LIMITED - Company Information

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Registered Number 08571522

SOMERS REAL ESTATE LIMITED

Abbreviated Accounts

31 March 2014

SOMERS REAL ESTATE LIMITED Registered Number 08571522

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Current assets
Debtors 143,025
Cash at bank and in hand 42,567
185,592
Net current assets (liabilities) 185,592
Total assets less current liabilities 185,592
Creditors: amounts falling due after more than one year (88,457)
Total net assets (liabilities) 97,135
Capital and reserves
Called up share capital 100
Profit and loss account 97,035
Shareholders' funds 97,135
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 October 2014

And signed on their behalf by:
A S R Stanford-Tuck, Director

SOMERS REAL ESTATE LIMITED Registered Number 08571522

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of value added tax.

Other accounting policies
Operating lease agreements
Rentals applicable to opertaing leases where substatially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.