Abbreviated Company Accounts - RICHMEDE PROPERTIES LIMITED

RICHMEDE PROPERTIES LIMITED - Company Information

01578859 RICHMEDE PROPERTIES LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 01578859 2013-01-01 2013-12-31 01578859 2013-12-31 01578859 2012-12-31 01578859 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 01578859 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 01578859

RICHMEDE PROPERTIES LIMITED

Abbreviated Accounts

31 December 2013

RICHMEDE PROPERTIES LIMITED Registered Number 01578859

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	2,542,679	3,726,033
		2,542,679	3,726,033
Current assets
Debtors		202,846	202,577
Cash at bank and in hand		40,251	40,000
		243,097	242,577
Creditors: amounts falling due within one year		(1,450,635)	(1,549,049)
Net current assets (liabilities)		(1,207,538)	(1,306,472)
Total assets less current liabilities		1,335,141	2,419,561
Creditors: amounts falling due after more than one year		-	(1,111,937)
Total net assets (liabilities)		1,335,141	1,307,624
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		665,349	665,349
Profit and loss account		669,692	642,175
Shareholders' funds		1,335,141	1,307,624

For the year ending 31 December 2013 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 29 April 2014

And signed on their behalf by:
D R Sayer, Director

RICHMEDE PROPERTIES LIMITED Registered Number 01578859

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Other fixed assets 20% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2013	3,774,354
Additions	4,598
Disposals	(1,184,662)
Revaluations	-
Transfers	-
At 31 December 2013	2,594,290
Depreciation
At 1 January 2013	48,321
Charge for the year	3,290
On disposals	-
At 31 December 2013	51,611
Net book values
At 31 December 2013	2,542,679
At 31 December 2012	3,726,033

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100