Abbreviated Company Accounts - METROPOLE PROPERTY INVESTMENTS LTD

METROPOLE PROPERTY INVESTMENTS LTD - Company Information

Registered Number 06674242

METROPOLE PROPERTY INVESTMENTS LTD

Abbreviated Accounts

31 August 2014

METROPOLE PROPERTY INVESTMENTS LTD Registered Number 06674242

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	515,856	516,523
		515,856	516,523
Current assets
Cash at bank and in hand		491	1,618
		491	1,618
Creditors: amounts falling due within one year		(208,324)	(210,725)
Net current assets (liabilities)		(207,833)	(209,107)
Total assets less current liabilities		308,023	307,416
Creditors: amounts falling due after more than one year		(280,430)	(296,381)
Total net assets (liabilities)		27,593	11,035
Capital and reserves
Called up share capital		2	2
Profit and loss account		27,591	11,033
Shareholders' funds		27,593	11,035

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 29 May 2015

And signed on their behalf by:
Lucy Wiley, Director

METROPOLE PROPERTY INVESTMENTS LTD Registered Number 06674242

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.

Tangible assets depreciation policy
Depreciation is provided at the following annual ratesin order vto write off each asset over its estimated useful life

Freehold property - Nil

Fixtures & Fittings - 25% Straight Line

2Tangible fixed assets

	£
Cost
At 1 September 2013	518,277
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	518,277
Depreciation
At 1 September 2013	1,754
Charge for the year	667
On disposals	-
At 31 August 2014	2,421
Net book values
At 31 August 2014	515,856
At 31 August 2013	516,523