East Midlands Property Owners Limited - Limited company - abbreviated - 11.6
East Midlands Property Owners Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 May 2015 |
| for |
| East Midlands Property Owners Limited |
| East Midlands Property Owners Limited (Registered number: 00374891) |
| 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 | 3 |
| Chartered Accountants' Report | 5 |
| East Midlands Property Owners Limited |
| Company Information |
| for the Year Ended 31 May 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| East Midlands Property Owners Limited (Registered number: 00374891) |
| Abbreviated Balance Sheet |
| 31 May 2015 |
| 31.5.15 | 31.5.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Revaluation reserve |
| Profit and loss account |
| 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 financial statements were approved by the Board of Directors on by: |
| East Midlands Property Owners Limited (Registered number: 00374891) |
| 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. |
| The turnover shown in the profit and loss account represents the value of all services delivered during the year, |
| at selling price. Sales are recognised at the point at which the company has fulfilled its contractual obligations to |
| the customer. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred taxation is provided on the liability method to take account of the timing differences between the |
| treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or |
| accelerated is accounted for in respect of all material timing differences. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2014 |
| and 31 May 2015 |
| DEPRECIATION |
| At 1 June 2014 |
| Charge for year |
| At 31 May 2015 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST OR VALUATION |
| At 1 June 2014 | 191,936 |
| Revaluations | 12,785 |
| At 31 May 2015 | 204,721 |
| NET BOOK VALUE |
| At 31 May 2015 |
| At 31 May 2014 |
| East Midlands Property Owners Limited (Registered number: 00374891) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 May 2015 |
| 4. | RELATED PARTY DISCLOSURES |
| During the year honorarium of £1,500 was paid to J Detheridge and £1,000 to D Walker. |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| East Midlands Property Owners Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of East Midlands Property Owners Limited for the year ended 31 May 2015 which comprise the |
| Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of East Midlands Property Owners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of East Midlands Property Owners Limited and state those matters that we have agreed to state to the Board of Directors of East Midlands Property Owners Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that East Midlands Property Owners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of East Midlands Property Owners Limited. You consider that East Midlands Property Owners Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of East Midlands Property |
| Owners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or |
| information and explanations you have given to us and we do not, therefore, express any opinion on the statutory |
| financial statements. |
| 25 September 2015 |