TWW Property Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03757099 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th April 2015

for

TWW Property Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T W Woodland

REGISTERED OFFICE:

93 Aldwick Road

Bognor Regis

West Sussex

PO21 2NW

REGISTERED NUMBER:

03757099 (England and Wales)

ACCOUNTANTS:

Matthews Hanton Limited

93 Aldwick Road

Bognor Regis

West Sussex

PO21 2NW

FIXED ASSETS

Tangible assets

2

950,070

1,025,093

CURRENT ASSETS

Debtors

410

21,471

Cash at bank

54,734

13,840

55,144

35,311

CREDITORS

Amounts falling due within one year

8,475

11,793

NET CURRENT ASSETS

46,669

23,518

TOTAL ASSETS LESS CURRENT LIABILITIES

996,739

1,048,611

CAPITAL AND RESERVES

Called up share capital

3

200

200

Revaluation reserve

702,250

777,250

Profit and loss account

294,289

271,161

SHAREHOLDERS' FUNDS

996,739

1,048,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 14th July 2015 and were signed by:

T W Woodland - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1st May 2014

1,026,969

Revaluations

(75,000

)

At 30th April 2015

951,969

DEPRECIATION

At 1st May 2014

1,876

Charge for year

23

At 30th April 2015

1,899

NET BOOK VALUE

At 30th April 2015

950,070

At 30th April 2014

1,025,093

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

100

Preference

£1

100

100

200

200

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, the director was owed £36 being the balance outstanding on his loan account. In the previous

year, the director owed the company £20,985 at the year end.