Independent Property Estates Limited - Period Ending 2020-03-31

Independent Property Estates Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4

Independent Property Estates Limited

Company Information

Director

Mr Michael Rushe

Registered office

11 Hamilton Road Bangor Down BT20 4JP

Accountants

Hamilton Morris Waugh Limited 34 Dufferin Avenue Bangor Down BT20 3AA

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Independent Property Estates Limited
for the Year Ended 31 March 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Independent Property Estates Limited for the year ended 31 March 2020 as set out on pages 3 to 3 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in Ireland (ICAI), we are subject to its ethical and other professional requirements.

This report is made solely to the Board of Directors of Independent Property Estates Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Independent Property Estates Limited and state those matters that we have agreed to state to the Board of Directors of Independent Property Estates Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Independent Property Estates Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Independent Property Estates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Independent Property Estates Limited. You consider that Independent Property Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Independent Property Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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Hamilton Morris Waugh Limited
34 Dufferin Avenue
Bangor
Down
BT20 3AA

18 December 2020

Independent Property Estates Limited

(Registration number: NI067004)
Balance Sheet as at 31 March 2020

	2020 £	2019 £
Fixed assets	2,348	2,839
Current assets	23,735	21,341
Creditors: Amounts falling due within one year	(97,589)	(97,566)
Net current liabilities	(73,854)	(76,225)
Total assets less current liabilities	(71,506)	(73,386)
Accruals and deferred income	(23,500)	(22,450)
	(95,006)	(95,836)
Capital and reserves	(95,006)	(95,836)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 18 December 2020
 

.........................................

Mr Michael Rushe
Director

Independent Property Estates Limited

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is:
11 Hamilton Road
Bangor
Down
BT20 4JP
Northern Ireland

These financial statements were authorised for issue by the director on 18 December 2020.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2019 - 2).