PEACHWALK_PROPERTIES_LIMI - Accounts

PEACHWALK PROPERTIES LIMITED - Company Information

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Company Registration No. 03424816 (England and Wales)

PEACHWALK PROPERTIES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2014

PEACHWALK PROPERTIES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PEACHWALK PROPERTIES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

2013

Notes

Current assets

Stocks

695,063

368,277

Debtors

698,735

584,258

Cash at bank and in hand

846

101,188

1,394,644

1,053,723

Creditors: amounts falling due within one year

(613,286)

(298,769)

Total assets less current liabilities

781,358

754,954

Capital and reserves

Called up share capital

Profit and loss account

781,356

754,952

Shareholders' funds

781,358

754,954

For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 February 2015

Mr P Cunningham

Director

Company Registration No. 03424816

PEACHWALK PROPERTIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with 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).

1.3

Turnover

Turnover represents amounts received for sale of properties, together with rental income from remaining properties owned.

1.4

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Creditors: amounts falling due within one year

The bank loans are secured by a first fixed legal charge over the stock and assets of the company.

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary shares of £1 each