SPRUCEUNIT_PROPERTY_MANAG - Accounts

SPRUCEUNIT PROPERTY MANAGEMENT LIMITED - Company Information

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Company Registration No. 02628803 (England and Wales)

SPRUCEUNIT PROPERTY MANAGEMENT LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

SPRUCEUNIT PROPERTY MANAGEMENT LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SPRUCEUNIT PROPERTY MANAGEMENT LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

24,281

Investments

2,825

27,106

Current assets

Debtors

15,762

250,068

Creditors: amounts falling due within one year

(225,947)

Net current assets

15,762

24,121

Total assets less current liabilities

42,868

51,227

Creditors: amounts falling due after more than one year

(42,846)

8,381

Capital and reserves

Called up share capital

Profit and loss account

8,359

Shareholders' funds

8,381

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 May 2015

Mr C W Griffin Pain

Director

Company Registration No. 02628803

SPRUCEUNIT PROPERTY MANAGEMENT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.

1.3

Turnover

Turnover represents amounts receivable for service charge contributions.

1.4

Tangible fixed assets and depreciation

Freehold land is not depreciated.

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 January 2014 & at 31 December 2014

24,281

2,825

27,106

Net book value

At 31 December 2014

24,281

2,825

27,106

At 31 December 2013

24,281

2,825

27,106

Share capital

2014

2013

Allotted, called up and fully paid

22 Ordinary shares of £1 each