Abbreviated Company Accounts - SOUTHSIDE FREEHOLD LIMITED

SOUTHSIDE FREEHOLD LIMITED - Company Information

07350249 SOUTHSIDE FREEHOLD LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 07350249 2013-09-01 2014-08-31 07350249 2014-08-31 07350249 2013-08-31 07350249 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07350249 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07350249

SOUTHSIDE FREEHOLD LIMITED

Abbreviated Accounts

31 August 2014

SOUTHSIDE FREEHOLD LIMITED Registered Number 07350249

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	72,959	104,492
		72,959	104,492
Current assets
Debtors		-	1,122
Cash at bank and in hand		12,912	8,398
		12,912	9,520
Creditors: amounts falling due within one year		(85,853)	(113,994)
Net current assets (liabilities)		(72,941)	(104,474)
Total assets less current liabilities		18	18
Total net assets (liabilities)		18	18
Capital and reserves
Called up share capital	3	18	18
Shareholders' funds		18	18

For the year ending 31 August 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 22 May 2015

And signed on their behalf by:
N E Paine, Director

SOUTHSIDE FREEHOLD LIMITED Registered Number 07350249

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property - 2% on cost.

2Tangible fixed assets

	£
Cost
At 1 September 2013	106,625
Additions	-
Disposals	(30,000)
Revaluations	-
Transfers	-
At 31 August 2014	76,625
Depreciation
At 1 September 2013	2,133
Charge for the year	1,533
On disposals	-
At 31 August 2014	3,666
Net book values
At 31 August 2014	72,959
At 31 August 2013	104,492

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
18 Ordinary shares of £1 each	18	18