Abbreviated Company Accounts - PARKMEAD ESTATES LTD

Abbreviated Company Accounts - PARKMEAD ESTATES LTD

PARKMEAD ESTATES LTD - Company Information

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Registered Number 06452435

PARKMEAD ESTATES LTD

Abbreviated Accounts

31 December 2014

PARKMEAD ESTATES LTD Registered Number 06452435

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 5,050 5,238
5,050 5,238
Current assets
Debtors - 29,157
Cash at bank and in hand 152,826 183,207
152,826 212,364
Creditors: amounts falling due within one year (155,615) (215,811)
Net current assets (liabilities) (2,789) (3,447)
Total assets less current liabilities 2,261 1,791
Total net assets (liabilities) 2,261 1,791
Capital and reserves
Called up share capital 4 4
Profit and loss account 2,257 1,787
Shareholders' funds 2,261 1,791
  • For the year ending 31 December 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 1 September 2015

And signed on their behalf by:
Mr A Heilpern, Director

PARKMEAD ESTATES LTD Registered Number 06452435

Notes to the Abbreviated Accounts for the period ended 31 December 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 management fees, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:

Office Equipment 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2014 15,291
Additions 1,496
Disposals -
Revaluations -
Transfers -
At 31 December 2014 16,787
Depreciation
At 1 January 2014 10,053
Charge for the year 1,684
On disposals -
At 31 December 2014 11,737
Net book values
At 31 December 2014 5,050
At 31 December 2013 5,238