Abbreviated Company Accounts - G.B. PROPERTY DEVELOPMENTS LIMITED

G.B. PROPERTY DEVELOPMENTS LIMITED - Company Information

02863354 G.B. PROPERTY DEVELOPMENTS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 02863354 2013-11-01 2014-10-31 02863354 2014-10-31 02863354 2013-10-31 02863354 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 02863354 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 02863354

G.B. PROPERTY DEVELOPMENTS LIMITED

Abbreviated Accounts

31 October 2014

G.B. PROPERTY DEVELOPMENTS LIMITED Registered Number 02863354

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	490,000	485,000
		490,000	485,000
Current assets
Cash at bank and in hand		15,396	20,040
		15,396	20,040
Creditors: amounts falling due within one year	3	(32,212)	(31,728)
Net current assets (liabilities)		(16,816)	(11,688)
Total assets less current liabilities		473,184	473,312
Creditors: amounts falling due after more than one year	3	(99,014)	(104,547)
Total net assets (liabilities)		374,170	368,765
Capital and reserves
Called up share capital	4	200	200
Revaluation reserve		188,114	183,114
Other reserves		100	100
Profit and loss account		185,756	185,351
Shareholders' funds		374,170	368,765

For the year ending 31 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 27 July 2015

And signed on their behalf by:
R L Green, Director

G.B. PROPERTY DEVELOPMENTS LIMITED Registered Number 02863354

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Other accounting policies
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

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

2Fixed assets Investments
Investment property

Investment property valuation at 31 October 2014 £490,000 (2013: £485,000).

3Creditors

	2014 £	2013 £
Secured Debts	104,341	109,667

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
200 Ordinary shares of £1 each	200	200