Accounts filed on 31-07-2014


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 July 2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05506893


Registered Number: 05506893

BALANCE SHEET AT 31 JULY 2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1		1

CURRENT ASSETS
Debtors (amounts falling due within one year)		1		873
		1		873
CREDITORS: Amounts falling due within one year		-		872
NET CURRENT ASSETS			1		1
TOTAL ASSETS LESS CURRENT LIABILITIES			2		2

CAPITAL AND RESERVES

Called up share capital	3		4		4
Profit and loss account			(2)		(2)
SHAREHOLDERS' FUNDS			2		2

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 12 April 2015 and signed on their behalf by




B J Bacon
Director



.............................
R J Coveney
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Investment Properties

Investment properties are included in the financial statements at open market value. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1c. Turnover
Turnover represents the amount recoverable from members in respect of maintenance expenditure incurred by the company. Expenses are due equally in respect of the two units, 51 and 53 Harvey Road.




2. TANGIBLE FIXED ASSETS

	Investment
	Properties	Total
	£	£
Cost
At 1 August 2013	1	1
At 31 July 2014	1	1
Depreciation
At 31 July 2014	-	-
Net Book Amounts
At 31 July 2014	1	1
At 31 July 2013	1	1
The investment property comprises the freehold of 51 & 53 Harvey Road, London N8 9PD. In the directors' opinion, the open market value of the freehold interest was of nominal value only.




3. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
4 Ordinary shares of £1 each	4	4
	4	4




4. TRANSACTIONS WITH DIRECTORS
The two leasehold units known as 51 and 53 Harvey Road are respectively owned by two individual members of the company who are also directors. Every director is therefore interested in all the company's transactions.