Abbreviated Company Accounts - LAKES PROPERTY LIMITED

LAKES PROPERTY LIMITED - Company Information

07238566 LAKES PROPERTY LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07238566 2013-04-01 2014-03-31 07238566 2014-03-31 07238566 2013-03-31 07238566 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07238566 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07238566

LAKES PROPERTY LIMITED

Abbreviated Accounts

31 March 2014

LAKES PROPERTY LIMITED Registered Number 07238566

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	747,760	747,760
		747,760	747,760
Current assets
Debtors		418	343
Cash at bank and in hand		15,834	15,713
		16,252	16,056
Creditors: amounts falling due within one year		(622,672)	(637,134)
Net current assets (liabilities)		(606,420)	(621,078)
Total assets less current liabilities		141,340	126,682
Creditors: amounts falling due after more than one year		(50,000)	(50,000)
Total net assets (liabilities)		91,340	76,682
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		91,240	76,582
Shareholders' funds		91,340	76,682

For the year ending 31 March 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 7 August 2014

And signed on their behalf by:
N Lake, Director

LAKES PROPERTY LIMITED Registered Number 07238566

Notes to the Abbreviated Accounts for the period ended 31 March 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
The company does not operate a contribution pension scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2013	747,760
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	747,760
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	747,760
At 31 March 2013	747,760

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100