Basicview Limited - Limited company - abbreviated - 11.6
Basicview Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| FOR |
| BASICVIEW LIMITED |
| BASICVIEW LIMITED (REGISTERED NUMBER: 02185871) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 November 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| BASICVIEW LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 November 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BASICVIEW LIMITED (REGISTERED NUMBER: 02185871) |
| ABBREVIATED BALANCE SHEET |
| 30 November 2014 |
| 30.11.14 | 30.11.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| BASICVIEW LIMITED (REGISTERED NUMBER: 02185871) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 November 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| 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 |
| This represents: |
| a. | rental income and service charges receivable in respect of the |
| investment properties; |
| b. | sale proceeds of the dealing properties. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Investment property |
| Investment properties are included in the balance sheet at valuation, and are revalued at the director's discretion |
| to open market value and the aggregate surplus or deficit is transferred to the revaluation reserve. No |
| depreciation is provided in respect of investment properties. This constitutes a departure from the statutory rules |
| requiring fixed assets to be depreciated over their economic useful lives and is necessary to enable the financial |
| statements to give a true and fair view. Depreciation is only one of many factors reflected in the annual valuation |
| and the amount which might otherwise have been shown cannot be separately identified or quantified. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2013 |
| and 30 November 2014 |
| DEPRECIATION |
| At 1 December 2013 |
| Charge for year |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| At 30 November 2013 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 December 2013 |
| Revaluations |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| At 30 November 2013 |
| BASICVIEW LIMITED (REGISTERED NUMBER: 02185871) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 November 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.11.14 | 30.11.13 |
| value: | £ | £ |
| Ordinary shares | £1 |