Pentrose Homes Limited - Limited company - abbreviated - 11.6
Pentrose Homes Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014 |
| FOR |
| PENTROSE HOMES LIMITED |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 July 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| PENTROSE HOMES LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 July 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| ABBREVIATED BALANCE SHEET |
| 31 July 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 6 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Revaluation reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 July 2014 |
| The financial statements were approved by the Board of Directors on |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 July 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of |
| certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Long leasehold | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| Deferred tax |
| The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment |
| of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all |
| timing differences that have originated but not reversed at the balance sheet date, however, deferred tax assets are |
| recognised only to the extent that the director considers that it is more likely than not that they will be recovered |
| against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a |
| non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, |
| based on tax rates and laws that have been enacted by the balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2013 |
| Additions |
| At 31 July 2014 |
| DEPRECIATION |
| At 1 August 2013 |
| Charge for year |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 July 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2013 |
| and 31 July 2014 | 4 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| £ | £ |
| Aggregate capital and reserves | 3,980 |
| (Loss)/profit for the year | ( |
) | 3,976 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 August 2013 |
| Disposals | ( |
) |
| At 31 July 2014 |
| DEPRECIATION |
| At 1 August 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| PENTROSE HOMES LIMITED (REGISTERED NUMBER: 04851881) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 July 2014 |
| 6. | CREDITORS |
| Creditors include an amount of £ |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The directors funded the purchase of the investment properties and they have personally guaranteed those |
| commitments. |