Abbreviated Company Accounts - FREEMAN PROPERTY DEVELOPMENT LIMITED

Abbreviated Company Accounts - FREEMAN PROPERTY DEVELOPMENT LIMITED

FREEMAN PROPERTY DEVELOPMENT LIMITED - Company Information

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Registered Number 03068241

FREEMAN PROPERTY DEVELOPMENT LIMITED

Abbreviated Accounts

31 July 2014

FREEMAN PROPERTY DEVELOPMENT LIMITED Registered Number 03068241

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 13,986 10,380
Investments 3 170,000 170,000
183,986 180,380
Current assets
Stocks 32,000 233,925
Debtors 5,040 5,093
Cash at bank and in hand 10,797 56,781
47,837 295,799
Creditors: amounts falling due within one year (211,980) (335,720)
Net current assets (liabilities) (164,143) (39,921)
Total assets less current liabilities 19,843 140,459
Creditors: amounts falling due after more than one year 0 (149,259)
Total net assets (liabilities) 19,843 (8,800)
Capital and reserves
Called up share capital 400 400
Profit and loss account 19,443 (9,200)
Shareholders' funds 19,843 (8,800)
  • For the year ending 31 July 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 11 February 2015

And signed on their behalf by:
E.C. Freeman, Director
Mrs.D.Freeman, Director

FREEMAN PROPERTY DEVELOPMENT LIMITED Registered Number 03068241

Notes to the Abbreviated Accounts for the period ended 31 July 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 August 2013 50,963
Additions 6,250
Disposals -
Revaluations -
Transfers -
At 31 July 2014 57,213
Depreciation
At 1 August 2013 40,583
Charge for the year 2,644
On disposals -
At 31 July 2014 43,227
Net book values
At 31 July 2014 13,986
At 31 July 2013 10,380

3Fixed assets Investments
The investment properties are 4 small retail units remaining from previous developments after the other leaseholds had been sold. No Depreciation is provided on these assets.