Abbreviated Company Accounts - SEPTEMBER INVESTMENTS LIMITED

SEPTEMBER INVESTMENTS LIMITED - Company Information

Registered Number 04250653

SEPTEMBER INVESTMENTS LIMITED

Abbreviated Accounts

31 July 2014

SEPTEMBER INVESTMENTS LIMITED Registered Number 04250653

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	315,585	315,585
		315,585	315,585
Current assets
Cash at bank and in hand		351	30,270
		351	30,270
Creditors: amounts falling due within one year		(77,745)	(89,302)
Net current assets (liabilities)		(77,394)	(59,032)
Total assets less current liabilities		238,191	256,553
Creditors: amounts falling due after more than one year		(205,224)	(215,147)
Total net assets (liabilities)		32,967	41,406
Capital and reserves
Called up share capital		100	100
Profit and loss account		32,867	41,306
Shareholders' funds		32,967	41,406

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 27 April 2015

And signed on their behalf by:
H Martin, Director

SEPTEMBER INVESTMENTS LIMITED Registered Number 04250653

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.

Tangible assets depreciation policy
The investment property is revalued annually at its open market value in accordance with FRSSE (effective April 2008). Any surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit permanently reduces the property below its historical cost, in which case it is taken to the profit and loss account.

No depreciation is provided on the investment property which is a departure from the requirements of the Companies Act 2006. In the opinion of the director the property is held primarily for its investment potential and so to depreciate it would not give a true and fair view. The provisions of FRSSE (effective April 2008) in respect of investment properties have therefore been adopted in order to give a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 August 2013	315,585
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	315,585
Depreciation
At 1 August 2013	-
Charge for the year	-
On disposals	-
At 31 July 2014	-
Net book values
At 31 July 2014	315,585
At 31 July 2013	315,585