Tealby Estates Limited - Limited company - abbreviated

REGISTERED NUMBER: 05126302

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Tealby Estates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M S Nagra

K S Nagra

N Brown

SECRETARY:

M S Nagra

REGISTERED OFFICE:

8 Waterside Park

Livingstone road

Hessle

Hull

East Yorkshire

HU13 0EN

REGISTERED NUMBER:

05126302

ACCOUNTANTS:

Harris Lacey and Swain

Suite 1

The Riverside Building

Hessle

East Yorkshire

HU13 0DZ

FIXED ASSETS

Tangible assets

2

-

Investments

3

1,055,711

Investment property

4

1,195,000

2,250,711

CURRENT ASSETS

Debtors

220,467

199,743

Cash at bank

432

1,475

220,899

201,218

CREDITORS

Amounts falling due within one year

1,720,770

1,763,644

NET CURRENT LIABILITIES

(1,499,871

)

(1,562,426

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

750,840

688,285

CAPITAL AND RESERVES

Called up share capital

5

3

Revaluation reserve

745,582

Profit and loss account

5,255

(57,300

)

SHAREHOLDERS' FUNDS

750,840

688,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 March 2015 and were signed on its behalf by:

M S Nagra - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,518

DEPRECIATION

At 1 April 2013

and 31 March 2014

2,518

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

and 31 March 2014

1,055,711

NET BOOK VALUE

At 31 March 2014

1,055,711

At 31 March 2013

1,055,711

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2013

and 31 March 2014

1,195,000

NET BOOK VALUE

At 31 March 2014

1,195,000

At 31 March 2013

1,195,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

3

Ordinary

£1

3

Tealby Estates Limited - Limited company - abbreviated - 11.6

Tealby Estates Limited - Limited company - abbreviated - 11.6