Abbreviated Company Accounts - CORPP (UK) LIMITED

CORPP (UK) LIMITED - Company Information

06582971 CORPP (UK) LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 06582971 2013-06-01 2014-05-31 06582971 2014-05-31 06582971 2013-05-31 06582971 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06582971 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06582971

CORPP (UK) LIMITED

Abbreviated Accounts

31 May 2014

CORPP (UK) LIMITED Registered Number 06582971

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	27,500	673,456
		27,500	673,456
Current assets
Debtors		-	715
Cash at bank and in hand		136,657	5,452
		136,657	6,167
Creditors: amounts falling due within one year	3	(134,170)	(621,096)
Net current assets (liabilities)		2,487	(614,929)
Total assets less current liabilities		29,987	58,527
Total net assets (liabilities)		29,987	58,527
Capital and reserves
Called up share capital	4	5,000	5,000
Profit and loss account		24,987	53,527
Shareholders' funds		29,987	58,527

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 12 February 2015

And signed on their behalf by:
P. Hakimi-Sefat, Director

CORPP (UK) LIMITED Registered Number 06582971

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.

Turnover policy
Turnover is based on rent receivable, all in respect of U.K property and excludes part disposal of the properties for the sum of £675,000 for which legal costs was incurred amounting to £17,586.

Tangible assets depreciation policy
The freehold properties 102-104 Station Road, Harrow, Middlesex, are shown at original cost plus development planning expenses. The properties secure the mortgage, which is a capital repayment and further loan with occurring interest.

2Tangible fixed assets

	£
Cost
At 1 June 2013	687,777
Additions	33,380
Disposals	(693,657)
Revaluations	-
Transfers	-
At 31 May 2014	27,500
Depreciation
At 1 June 2013	14,321
Charge for the year	-
On disposals	(14,321)
At 31 May 2014	0
Net book values
At 31 May 2014	27,500
At 31 May 2013	673,456

3Creditors

	2014 £	2013 £
Secured Debts	0	425,000

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
5,000 Ordinary shares of £1 each	5,000	5,000