PC&W Properties Limited - Period Ending 2014-11-30

Registration number: 00690100

PC&W Properties Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2014
 

Parker Business Development Limited
Chartered Accountants
Dominion Court
43 Station Road
Solihull
B91 3RT

PC&W Properties Limited
(Registration number: 00690100)
Abbreviated Balance Sheet at 30 November 2014

		Note			30 November 2014 £			30 November 2013 £
Current assets
Cash at bank and in hand					5,275			651,146
Creditors: Amounts falling due within one year					-			(44,165)
Net assets					5,275			606,981
Capital and reserves
Called up share capital		2			1			1
Profit and loss account					5,274			606,980
Shareholders' funds					5,275			606,981

For the year ending 30 November 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 8 May 2015 and signed on its behalf by:

.........................................
N P Mellor
Director

The notes on page 2 form an integral part of these financial statements.
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PC&W Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 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).

Exemption from preparing a cash flow statement

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

These financial statements have been prepared on the basis that the company has not traded and does not intent to trade in the future.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	30 November 2014						30 November 2013
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

3

Control

The company is controlled by Hillgrove Developments Limited, of which it is a wholly-owned subsidiary, and which is the ultimate controlling party.

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