| Propertyblend Limited |
| Registered number: |
04960716 |
| Abbreviated Balance Sheet |
| as at 30 November 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
390,116 |
|
|
390,137 |
|
| Current assets |
| Cash at bank and in hand |
|
|
700 |
|
|
1,889 |
|
| Creditors: amounts falling due within one year |
|
|
(45,502) |
|
|
(44,646) |
|
| Net current liabilities |
|
|
|
(44,802) |
|
|
(42,757) |
|
| Total assets less current liabilities |
|
|
|
345,314 |
|
|
347,380 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(302,027) |
|
|
(302,027) |
|
|
|
| Net assets |
|
|
|
43,287 |
|
|
45,353 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Revaluation reserve |
|
|
|
51,087 |
|
|
51,087 |
| Profit and loss account |
|
|
|
(7,900) |
|
|
(5,834) |
|
| Shareholders' funds |
|
|
|
43,287 |
|
|
45,353 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| Dominic Owen |
| Director |
| Approved by the board on 29 August 2014 |
|
| Propertyblend Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2013 |
|
| 1 |
Accounting policies |
|
|
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 been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
Land and Buildings |
Not depreciated |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
390,593 |
|
At 30 November 2013 |
390,593 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2012 |
456 |
|
Charge for the year |
21 |
|
At 30 November 2013 |
477 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
390,116 |
|
At 30 November 2012 |
390,137 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Ultimate Controlling Party |
|
|
The company is controlled by the Director, D Owen who owns 51% of the ordinary share capital and controls the company. |
