Abbreviated Company Accounts - THE LOYAL ESTATES COMPANY LIMITED

Abbreviated Company Accounts - THE LOYAL ESTATES COMPANY LIMITED

THE LOYAL ESTATES COMPANY LIMITED - Company Information

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Registered Number 05193607

THE LOYAL ESTATES COMPANY LIMITED

Abbreviated Accounts

31 July 2014

THE LOYAL ESTATES COMPANY LIMITED Registered Number 05193607

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 40,153 41,153
40,153 41,153
Total assets less current liabilities 40,153 41,153
Creditors: amounts falling due after more than one year (192,788) (186,288)
Total net assets (liabilities) (152,635) (145,135)
Capital and reserves
Called up share capital 50,000 50,000
Profit and loss account (202,635) (195,135)
Shareholders' funds (152,635) (145,135)
  • 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 28 July 2015

And signed on their behalf by:
JOHN BRIGGS, Director

THE LOYAL ESTATES COMPANY LIMITED Registered Number 05193607

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.

Tangible assets depreciation policy
Leasehold land is depreciated at the rate of 2% p.a. on a straight line basis

2Tangible fixed assets
£
Cost
At 1 August 2013 41,153
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 41,153
Depreciation
At 1 August 2013 -
Charge for the year 1,000
On disposals -
At 31 July 2014 1,000
Net book values
At 31 July 2014 40,153
At 31 July 2013 41,153