Abbreviated Company Accounts - TAUREAN PROPERTIES LIMITED

Abbreviated Company Accounts - TAUREAN PROPERTIES LIMITED

TAUREAN PROPERTIES LIMITED - Company Information

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Registered Number 05816174

TAUREAN PROPERTIES LIMITED

Abbreviated Accounts

31 May 2014

TAUREAN PROPERTIES LIMITED Registered Number 05816174

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 57,443 22,300
57,443 22,300
Current assets
Stocks 13,193,347 10,110,279
Debtors 1,238,874 1,196,739
Cash at bank and in hand 35,952 105,180
14,468,173 11,412,198
Creditors: amounts falling due within one year (14,986,389) (11,850,716)
Net current assets (liabilities) (518,216) (438,518)
Total assets less current liabilities (460,773) (416,218)
Total net assets (liabilities) (460,773) (416,218)
Capital and reserves
Called up share capital 100 100
Profit and loss account (460,873) (416,318)
Shareholders' funds (460,773) (416,218)
  • For the year ending 31 May 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 27 January 2015

And signed on their behalf by:
R Storey, Director

TAUREAN PROPERTIES LIMITED Registered Number 05816174

Notes to the Abbreviated Accounts for the period ended 31 May 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.

2Tangible fixed assets
£
Cost
At 1 June 2013 22,300
Additions 45,280
Disposals -
Revaluations -
Transfers -
At 31 May 2014 67,580
Depreciation
At 1 June 2013 -
Charge for the year 10,137
On disposals -
At 31 May 2014 10,137
Net book values
At 31 May 2014 57,443
At 31 May 2013 22,300