Abbreviated Company Accounts - SOHNIK PROPERTIES LIMITED

SOHNIK PROPERTIES LIMITED - Company Information

07809390 SOHNIK PROPERTIES LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 07809390 2013-11-01 2014-10-31 07809390 2014-10-31 07809390 2013-10-31 07809390 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 07809390 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 07809390

SOHNIK PROPERTIES LIMITED

Abbreviated Accounts

31 October 2014

SOHNIK PROPERTIES LIMITED Registered Number 07809390

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	206,574	-
		206,574	-
Current assets
Cash at bank and in hand		150	2
		150	2
Creditors: amounts falling due within one year	3	(59,827)	-
Net current assets (liabilities)		(59,677)	2
Total assets less current liabilities		146,897	2
Creditors: amounts falling due after more than one year	3	(148,312)	-
Total net assets (liabilities)		(1,415)	2
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(1,417)	0
Shareholders' funds		(1,415)	2

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 30 July 2015

And signed on their behalf by:
N Lakhani, Director

SOHNIK PROPERTIES LIMITED Registered Number 07809390

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

Turnover policy
Turnover represents the rental and service charges receivable net of any Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible assets other than Freehold land and buildings, at the
rates calculated to write off the cost less its estimated value of each assets over its useful life.
The Freehold land and buildings have not been depreciated as the directors believe that their
market value would be equal to or more than the cost recorded in the books.

2Tangible fixed assets

	£
Cost
At 1 November 2013	0
Additions	206,574
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	206,574
Depreciation
At 1 November 2013	-
Charge for the year	-
On disposals	-
At 31 October 2014	-
Net book values
At 31 October 2014	206,574
At 31 October 2013	0

3Creditors

	2014 £	2013 £
Secured Debts	153,312	0
Instalment debts due after 5 years	-	0
Non-instalment debts due after 5 years	54,826	0

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2