Oyster Wharf Properties Ltd - Limited company - abbreviated - 11.6
Oyster Wharf Properties Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2015 |
FOR |
OYSTER WHARF PROPERTIES LTD |
OYSTER WHARF PROPERTIES LTD (REGISTERED NUMBER: 05134174) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
OYSTER WHARF PROPERTIES LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MAY 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
OYSTER WHARF PROPERTIES LTD (REGISTERED NUMBER: 05134174) |
ABBREVIATED BALANCE SHEET |
31 MAY 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET ASSETS |
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. |
OYSTER WHARF PROPERTIES LTD (REGISTERED NUMBER: 05134174) |
ABBREVIATED BALANCE SHEET - continued |
31 MAY 2015 |
The financial statements were approved by the Board of Directors on |
OYSTER WHARF PROPERTIES LTD (REGISTERED NUMBER: 05134174) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MAY 2015 |
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 |
Turnover represents net invoiced sales of services, excluding value added tax. |
Investment property |
Individual freehold and leasehold properties are revalued every 3 years with surplus or deficit on book value |
being transferred to the revaluation reserve, unless a deficit (or its reversal) is expected to be permanent, in |
which case it is charged to the profit and loss account. On disposal of a revalued fixed asset, any related balance |
in revaluation reserve is transferred to the profit and loss as a movement on reserves. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1 June 2014 |
and 31 May 2015 |
NET BOOK VALUE |
At 31 May 2015 |
At 31 May 2014 |
3. | CREDITORS |
Creditors include the following debts falling due in more than five years: |
2015 | 2014 |
£ | £ |
Repayable otherwise than by instalments | 782,365 | 1,251,560 |
Repayable by instalments |
3,422,365 | 3,951,560 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary shares | 1 |