Abbreviated Company Accounts - PENTIRE INVESTMENTS LIMITED
Abbreviated Company Accounts - PENTIRE INVESTMENTS LIMITED
Registered Number 07778781
PENTIRE INVESTMENTS LIMITED
Abbreviated Accounts
30 September 2014
PENTIRE INVESTMENTS LIMITED Registered Number 07778781
Abbreviated Balance Sheet as at 30 September 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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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 |
( |
( |
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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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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 September 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
And signed on their behalf by:
PENTIRE INVESTMENTS LIMITED Registered Number 07778781
Notes to the Abbreviated Accounts for the period ended 30 September 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Valuation information and policy
The property is stated at its current value of £600,000 (2013 £590,802) which is the present value in the opinion of the Directors. Although this is contrary to the Companies Act 2006, which states that fixed assets should be depreciated, it is in the opinion of the Directors necessary in order to give a true and fair view of the financial position of the company.
Other accounting policies
£ | |
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Cost | |
At 1 October 2013 |
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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 30 September 2014 |
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Depreciation | |
At 1 October 2013 |
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Charge for the year |
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On disposals |
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At 30 September 2014 |
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Net book values | |
At 30 September 2014 | 600,000 |
At 30 September 2013 | 590,802 |
3Fixed assets Investments