MSWW Properties Ltd - Limited company - abbreviated - 11.6

MSWW Properties Ltd

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W D J Williams

Mrs H M Williams

M S Sullivan

Mrs L M Sullivan

SECRETARY:

M S Sullivan

REGISTERED OFFICE:

36 Chester Square

Ashton Under Lyne

Lancashire

OL6 7TW

REGISTERED NUMBER:

04338832 (England and Wales)

ACCOUNTANTS:

Sherlock and Co Ltd

36 Chester Square

Ashton Under Lyne

Lancashire

OL6 7TW

FIXED ASSETS

Tangible assets

2

166,616

167,876

CURRENT ASSETS

Debtors

206

203

Cash at bank

2,441

6,340

2,647

6,543

CREDITORS

Amounts falling due within one year

29,938

51,294

NET CURRENT LIABILITIES

(27,291

)

(44,751

)

TOTAL ASSETS LESS CURRENT LIABILITIES

139,325

123,125

PROVISIONS FOR LIABILITIES

1,764

2,016

NET ASSETS

137,561

121,109

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

137,461

121,009

SHAREHOLDERS' FUNDS

137,561

121,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors on 30 September 2015 and were signed on its behalf by:

M S Sullivan - 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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

10% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

170,396

DEPRECIATION

At 1 January 2014

2,520

Charge for year

1,260

At 31 December 2014

3,780

NET BOOK VALUE

At 31 December 2014

166,616

At 31 December 2013

167,876

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100