Commercial Concerns Limited - Limited company - abbreviated

REGISTERED NUMBER: 02881199 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2012

FOR

COMMERCIAL CONCERNS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N Brown

SECRETARY:

M Brown

REGISTERED OFFICE:

3 Queen Street

Ashford

Kent

TN23 1RF

REGISTERED NUMBER:

02881199 (England and Wales)

ACCOUNTANTS:

Michael Martin Partnership Limited

Chartered Certified Accountants

3 Queen Street

Ashford

Kent

TN23 1RF

FIXED ASSETS

Tangible assets

2

5,797,525

5,477,713

Investments

3

4

5,797,529

5,477,717

CURRENT ASSETS

Stocks

341,000

340,664

Debtors

503,718

684,951

Cash at bank

4,966

2,330

849,684

1,027,945

CREDITORS

Amounts falling due within one year

845,391

1,030,618

NET CURRENT ASSETS/(LIABILITIES)

4,293

(2,673

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,801,822

5,475,044

CREDITORS

Amounts falling due after more than one
year

4,502,405

3,030,069

NET ASSETS

1,299,417

2,444,975

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

3,710,121

Profit and loss account

(2,410,706

)

(1,265,148

)

SHAREHOLDERS' FUNDS

1,299,417

2,444,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 August 2014 and were signed by:

N Brown - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2011

5,565,685

Additions

330,000

At 30 June 2012

5,895,685

DEPRECIATION

At 1 July 2011

87,972

Charge for year

10,188

At 30 June 2012

98,160

NET BOOK VALUE

At 30 June 2012

5,797,525

At 30 June 2011

5,477,713

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2011

and 30 June 2012

4

NET BOOK VALUE

At 30 June 2012

4

At 30 June 2011

4

Fixed asset investments consist of £1 investments in 4 nominee joint venture companies.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.12

30.6.11

value:

£

2

Ordinary

1

2

Commercial Concerns Limited - Limited company - abbreviated - 11.0.0

Commercial Concerns Limited - Limited company - abbreviated - 11.0.0