Abbreviated Company Accounts - PERYCREST LIMITED

03408075 PERYCREST LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 03408075 2013-08-01 2014-07-31 03408075 2014-07-31 03408075 2013-07-31 03408075 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 03408075 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 03408075

PERYCREST LIMITED

Abbreviated Accounts

31 July 2014

PERYCREST LIMITED Registered Number 03408075

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,563,411	1,339,517
		1,563,411	1,339,517
Current assets
Debtors		557,245	652,000
Cash at bank and in hand		8,065	108,994
		565,310	760,994
Creditors: amounts falling due within one year		(2,021,624)	(1,902,566)
Net current assets (liabilities)		(1,456,314)	(1,141,572)
Total assets less current liabilities		107,097	197,945
Total net assets (liabilities)		107,097	197,945
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		107,095	197,943
Shareholders' funds		107,097	197,945

For the year ending 31 July 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 7 July 2015

And signed on their behalf by:
Barry Feldman, Director

PERYCREST LIMITED Registered Number 03408075

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Turnover policy
The turnover of the company consists solely of rental income

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 August 2013	1,339,517
Additions	223,894
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	1,563,411
Depreciation
At 1 August 2013	-
Charge for the year	-
On disposals	-
At 31 July 2014	-
Net book values
At 31 July 2014	1,563,411
At 31 July 2013	1,339,517

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2