Abbreviated Company Accounts - CHALLENGES PROPERTY LIMITED

Abbreviated Company Accounts - CHALLENGES PROPERTY LIMITED

CHALLENGES PROPERTY LIMITED - Company Information

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Registered Number 03271261

CHALLENGES PROPERTY LIMITED

Abbreviated Accounts

30 November 2013

CHALLENGES PROPERTY LIMITED Registered Number 03271261

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013 2012
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 273,619 273,677
273,619 273,677
Current assets
Debtors 392 228
Cash at bank and in hand 1,156 1,615
1,548 1,843
Net current assets (liabilities) 1,548 1,843
Total assets less current liabilities 275,167 275,520
Creditors: amounts falling due after more than one year (275,134) (314,701)
Total net assets (liabilities) 33 (39,181)
Capital and reserves
Called up share capital 2 2
Profit and loss account 31 (39,183)
Shareholders' funds 33 (39,181)
  • For the year ending 30 November 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 4 February 2014

And signed on their behalf by:
Griffith, Director

CHALLENGES PROPERTY LIMITED Registered Number 03271261

Notes to the Abbreviated Accounts for the period ended 30 November 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 gross invoiced management services and property selling activities, net of Value Added Tax.

2Tangible fixed assets
£
Cost
At 1 December 2012 273,677
Additions -
Disposals (58)
Revaluations -
Transfers -
At 30 November 2013 273,619
Depreciation
At 1 December 2012 -
Charge for the year -
On disposals -
At 30 November 2013 -
Net book values
At 30 November 2013 273,619
At 30 November 2012 273,677