Abbreviated Company Accounts - INVESTMENT PROPERTY GROUP (IPG) LTD
Abbreviated Company Accounts - INVESTMENT PROPERTY GROUP (IPG) LTD
Registered Number 07371535
INVESTMENT PROPERTY GROUP (IPG) LTD
Abbreviated Accounts
30 September 2014
INVESTMENT PROPERTY GROUP (IPG) LTD Registered Number 07371535
Abbreviated Balance Sheet as at 30 September 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 30 September 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
And signed on their behalf by:
INVESTMENT PROPERTY GROUP (IPG) LTD Registered Number 07371535
Notes to the Abbreviated Accounts for the period ended 30 September 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 25% straight line
Intangible assets amortisation policy
Website - 25% straight line
Other accounting policies
Research expenditure is written off to the profit and loss account in the year in which it is incurred.
Development expenditure is written off in the same year unless the directors are satisfied as to the
technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period from which the company is expected to benefit i.e. 4 years.
£ | |
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Cost | |
At 1 October 2013 |
|
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 September 2014 |
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Amortisation | |
At 1 October 2013 |
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Charge for the year |
|
On disposals |
|
At 30 September 2014 |
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Net book values | |
At 30 September 2014 | 0 |
At 30 September 2013 | 16,125 |
£ | |
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Cost | |
At 1 October 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2014 |
|
Depreciation | |
At 1 October 2013 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2014 |
|
Net book values | |
At 30 September 2014 | 1,288 |
At 30 September 2013 | 2,244 |