ESTATE AGENTS 123 LIMITED - Abbreviated accounts

Registered number

05837002

ESTATE AGENTS 123 LIMITED

Abbreviated Accounts

30 June 2014

ESTATE AGENTS 123 LIMITED
Registered number:		05837002
Abbreviated Balance Sheet
as at 30 June 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		2,276			3,036

Current assets
Debtors		156			-
Cash at bank and in hand		2,477			5,260
		2,633			5,260

Creditors: amounts falling due within one year		(4,526)			(6,819)

Net current liabilities			(1,893)			(1,559)

Net assets			383			1,477

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			283			1,377

Shareholders' funds			383			1,477

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



N Alexandrou
Director
Approved by the board on 12 January 2015

ESTATE AGENTS 123 LIMITED
Notes to the Abbreviated Accounts
for the year ended 30 June 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Fixtures and fittings			25% Reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 July 2013					5,508
	At 30 June 2014					5,508

	Depreciation
	At 1 July 2013					2,472
	Charge for the year					760
	At 30 June 2014					3,232

	Net book value
	At 30 June 2014					2,276
	At 30 June 2013					3,036


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100