Maddox Properties Ltd - Abbreviated accounts

Registered number

07148809

Maddox Properties Ltd

Abbreviated Accounts

31 March 2014

Maddox Properties Ltd
Registered number:		07148809
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		174,559			180,000

Current assets
Debtors		-			194
Cash at bank and in hand		61			167
		61			361

Creditors: amounts falling due within one year		(162,382)			(44,382)

Net current liabilities			(162,321)			(44,021)

Total assets less current liabilities			12,238			135,979

Creditors: amounts falling due after more than one year			-			(134,120)



Net assets			12,238			1,859

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			12,138			1,759

Shareholders' funds			12,238			1,859

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr B Bloom
Director
Approved by the board on 20 July 2014

Maddox Properties Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has not been provided on the assets.

2	Tangible fixed assets					£

	Cost
	At 1 April 2013					180,000
	Additions					2,400
	Surplus on revaluation					(7,841)
	At 31 March 2014					174,559

	Depreciation
	At 31 March 2014					-

	Net book value
	At 31 March 2014					174,559
	At 31 March 2013					180,000


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100