Wetherby Property Management Ltd - Period Ending 2014-03-31

Registration number: 07476523

Wetherby Property Management Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

Wetherby Property Management Ltd
(Registration number: 07476523)
Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					10,846			13,060
Current assets
Cash at bank and in hand					16,910			5,576
Creditors: Amounts falling due within one year					(19,992)			(20,268)
Net current liabilities					(3,082)			(14,692)
Net assets/(liabilities)					7,764			(1,632)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					7,664			(1,732)
Shareholders' funds/(deficit)					7,764			(1,632)

For the year ending 31 March 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 3 July 2014 and signed on its behalf by:

Ms Susan Ann Elizabeth Eldred
Director

Wetherby Property Management Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	15% reducing balance
Motor vehicle	25% reducing balance
Fixtures and fittings	15% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		20,868			20,868
Additions		609			609
At 31 March 2014		21,477			21,477
Depreciation
At 1 April 2013		7,808			7,808
Charge for the year		2,823			2,823
At 31 March 2014		10,631			10,631
Net book value
At 31 March 2014		10,846			10,846
At 31 March 2013		13,060			13,060

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100