Abbreviated Company Accounts - IBIS PROPERTY LIMITED

IBIS PROPERTY LIMITED - Company Information

SC301129 IBIS PROPERTY LIMITED 2014-10-20 false 2013-10-21 2014-10-20 true SC301129 2013-10-21 2014-10-20 SC301129 2014-10-20 SC301129 2013-10-20 SC301129 uk-gaap-cd-bus:Director1 2013-10-21 2014-10-20 SC301129 uk-gaap-cd-bus:Director2 2013-10-21 2014-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-21 2014-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-20 iso4217:GBP shares

Registered Number SC301129

IBIS PROPERTY LIMITED

Abbreviated Accounts

20 October 2014

IBIS PROPERTY LIMITED Registered Number SC301129

Abbreviated Balance Sheet as at 20 October 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		4	4
Fixed assets
Investments	2	100,500	100,500
		100,500	100,500
Creditors: amounts falling due within one year		(554)	(541)
Net current assets (liabilities)		(554)	(541)
Total assets less current liabilities		99,950	99,963
Total net assets (liabilities)		99,950	99,963
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		99,946	99,959
Shareholders' funds		99,950	99,963

For the year ending 20 October 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 16 July 2015

And signed on their behalf by:
C P REIS, Director

IBIS PROPERTY LIMITED Registered Number SC301129

Notes to the Abbreviated Accounts for the period ended 20 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
1.1 The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Valuation information and policy
1.2 Investments
The company's investments in unlisted investments are stated at cost less any provision required for impairment.

Other accounting policies
1.3 Dividends
Dividends received and receivable are credited to the company's profit and loss account. Equity dividends paid on ordinary share capital are recognised as a liability in the year in which they are declared.

2Fixed assets Investments
At 20 October 2013 and 20 October 2014-Unlisted Investments cost £100,550.
The unlisted investment represents a 20% interest in the ordinary share capital of Reis Short & Co Limited (Company No SC169397).

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

	2014 £	2013 £
4 Ordinary shares of £1 each	4	4