Augusty Properties Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04014235 (England and Wales)

AUGUSTY PROPERTIES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs D J Jay

M R Jones

SECRETARY:

Mrs D J Jay

REGISTERED OFFICE:

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

REGISTERED NUMBER:

04014235 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

FIXED ASSETS

Investment property

2

274,919

274,919

CURRENT ASSETS

Cash at bank

51,880

51,866

CREDITORS

Amounts falling due within one year

19,152

18,245

NET CURRENT ASSETS

32,728

33,621

TOTAL ASSETS LESS CURRENT LIABILITIES

307,647

308,540

CREDITORS

Amounts falling due after more than one year

125,000

125,000

NET ASSETS

182,647

183,540

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

182,547

183,440

SHAREHOLDERS' FUNDS

182,647

183,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 29 August 2014 and were signed on its behalf by:

Mrs D J Jay - Director

M R Jones - 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 rent received, excluding value added tax.

Investment property

The investment property is shown at a long term commercial valuation by the directors. Any aggregate surplus or

deficit arising from changes in commercial value are 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.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2013

and 31 December 2013

274,919

NET BOOK VALUE

At 31 December 2013

274,919

At 31 December 2012

274,919

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

ordinary

1

100

100