Abbreviated Company Accounts - BOUNDSTREAM LIMITED

BOUNDSTREAM LIMITED - Company Information

02936986 BOUNDSTREAM LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 02936986 2013-04-01 2014-03-31 02936986 2014-03-31 02936986 2013-03-31 02936986 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 02936986 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 02936986

BOUNDSTREAM LIMITED

Abbreviated Accounts

31 March 2014

BOUNDSTREAM LIMITED Registered Number 02936986

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	500	500
Investments	3	1	1
		501	501
Current assets
Stocks		250	250
Debtors		1,060,754	1,050,811
Cash at bank and in hand		204	273
		1,061,208	1,051,334
Creditors: amounts falling due within one year		(301,254)	(330,361)
Net current assets (liabilities)		759,954	720,973
Total assets less current liabilities		760,455	721,474
Total net assets (liabilities)		760,455	721,474
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		760,355	721,374
Shareholders' funds		760,455	721,474

For the year ending 31 March 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 26 March 2015

And signed on their behalf by:
Jacob Schimmel, Director

BOUNDSTREAM LIMITED Registered Number 02936986

Notes to the Abbreviated Accounts for the period ended 31 March 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
No depreciation has been provided on the Company's Freehold Investment Property which has been included in the Balance Sheet at Directors valuation

Valuation information and policy
Stock is comprised of properties held for trading purposes and is included in the financial statements at the lower of cost and net realisable value.

Other accounting policies
Joint venture projects
The Company has proportionate interest in the various property investment and trading projects and it's interest in the income, expenditure, assets and liabilities of the respective projects are included proportionately in the company's financial statements

2Tangible fixed assets

	£
Cost
At 1 April 2013	500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	500
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	500
At 31 March 2013	500

3Fixed assets Investments
There has been no change to investments during the year
The Company owns the entire Share Capital of Dauphin Properties Ltd and 50% of the shares of Glencastle Ltd
Both Companies are incorporated and registered in England and Wales

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100