CIP_ESTATES_LIMITED - Accounts
CIP_ESTATES_LIMITED - Accounts
Company Registration No. 01414310 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(108,776 )
(132,341 )
Net current assets
Total assets less current liabilities
3,184,562
2,933,447
Capital and reserves
Called up share capital
3
Other reserves
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 2 March 2015
Director
Company Registration No. 01414310
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with and departure from accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
The company has departed from the requirements of Statement of Standard Accounting Practice No 19 by including investment properties in the financial statements at cost and not open market value.
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Office equipment
Motor vehicles
No depreciation is provided on investment properties.
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2014
2,438,238
Additions
32,490
Disposals
(423,297)
At 31 December 2014
2,047,431
Depreciation
At 1 January 2014
22,549
On disposals
(21,855)
Charge for the year
8,470
At 31 December 2014
9,164
Net book value
At 31 December 2014
2,038,267
At 31 December 2013
2,415,689
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid