Abbreviated Company Accounts - DRUMLISC PROPERTIES LTD

DRUMLISC PROPERTIES LTD - Company Information

NI064623 DRUMLISC PROPERTIES LTD 2014-05-31 false 2013-06-01 2014-05-31 true NI064623 2013-06-01 2014-05-31 NI064623 2014-05-31 NI064623 2013-05-31 NI064623 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 NI064623 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 NI064623

DRUMLISC PROPERTIES LTD

Abbreviated Accounts

31 May 2014

DRUMLISC PROPERTIES LTD Registered Number NI064623

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		2	2
Fixed assets
Tangible assets	2	232,796	232,796
		232,796	232,796
Current assets
Cash at bank and in hand		50	343
		50	343
Creditors: amounts falling due within one year		(650)	(1,500)
Net current assets (liabilities)		(600)	(1,157)
Total assets less current liabilities		232,198	231,641
Creditors: amounts falling due after more than one year		(304,593)	(292,236)
Total net assets (liabilities)		(72,395)	(60,595)
Capital and reserves
Called up share capital	3	401	401
Profit and loss account		(72,796)	(60,996)
Shareholders' funds		(72,395)	(60,595)

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 28 February 2015

And signed on their behalf by:
Derek Anderson, Director

DRUMLISC PROPERTIES LTD Registered Number NI064623

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.

Tangible assets depreciation policy
The Tangible assets are investment properties and are accounted for in accordance with the current accounting principles as follows. Investment properties are revalued annually at open market value and the aggregate surplus or deficit is transferred to the revaluation reserve. No depreciation is charged in respect of investment properties.

2Tangible fixed assets

	£
Cost
At 1 June 2013	232,796
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	232,796
Depreciation
At 1 June 2013	0
Charge for the year	-
On disposals	-
At 31 May 2014	0
Net book values
At 31 May 2014	232,796
At 31 May 2013	232,796

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
401 Ordinary shares of £1 each	401	401