Livingstone Property Holdings Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05906316 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Livingstone Property Holdings Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Livingstone

Mrs A Livingstone

SECRETARY:

D Livingstone

REGISTERED OFFICE:

36 Cambridge Road

Hastings

East Sussex

TN34 1DU

REGISTERED NUMBER:

05906316 (England and Wales)

ACCOUNTANTS:

Deeks Evans

Chartered Accountants

36 Cambridge Road

Hastings

East Sussex

TN34 1DU

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

three to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Livingstone Property Holdings Limited for the year ended 31 August 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes 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 England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Livingstone Property Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Livingstone Property Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Livingstone Property Holdings Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Livingstone Property Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Livingstone Property Holdings Limited. You consider that Livingstone Property Holdings 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 financial statements of Livingstone Property

Holdings 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

financial statements.

Deeks Evans

Chartered Accountants

36 Cambridge Road

Hastings

East Sussex

TN34 1DU

28 May 2015

FIXED ASSETS

Investment property

2

14,755

14,755

CURRENT ASSETS

Debtors

-

140

Cash at bank

-

148

-

288

CREDITORS

Amounts falling due within one year

13,190

16,912

NET CURRENT LIABILITIES

(13,190

)

(16,624

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,565

(1,869

)

RESERVES

Profit & loss account

1,565

(1,869

)

1,565

(1,869

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2015 and were signed on its behalf by:

D Livingstone - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents ground rents chargeable during the year.

Investment property

The investment property owned by the company is subject to the provisions of paragraph 6.51 of the Financial

Reporting Standard for Smaller Entities. The provisions of the statement concerning the revaluation of property

have not been complied with as the directors do not believe that the value has changed significantly and that

costs would outweigh the benefits to shareholders.

No depreciation has been provided in respect of the investment property in accordance with paragraph 6.50 of

the Financial Reporting Standard for Smaller Entities.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 September 2013

and 31 August 2014

14,755

NET BOOK VALUE

At 31 August 2014

14,755

At 31 August 2013

14,755

3.	LIMITED BY GUARANTEE

The Company is limited by guarantee and has no share capital. The liabilities of the members is limited to £1.