Abbreviated Company Accounts - PROPERTY BANK LIMITED

PROPERTY BANK LIMITED - Company Information

06454421 PROPERTY BANK LIMITED 2012-12-30 false 2012-01-01 2012-12-30 true 06454421 2012-01-01 2012-12-30 06454421 2012-12-30 06454421 2011-12-31 06454421 uk-gaap-cd-bus:Director1 2012-01-01 2012-12-30 06454421 uk-gaap-cd-bus:Director2 2012-01-01 2012-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-01-01 2012-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-30 uk-gaap-cd-bus:OrdinaryShareClass1 2011-12-31 iso4217:GBP shares

Registered Number 06454421

PROPERTY BANK LIMITED

Abbreviated Accounts

30 December 2012

PROPERTY BANK LIMITED Registered Number 06454421

Abbreviated Balance Sheet as at 30 December 2012

	Notes	2012	2011
		£	£
Called up share capital not paid		-	-
Fixed assets
Investments	2	34,737	16,737
		34,737	16,737
Current assets
Cash at bank and in hand		89	452
		89	452
Creditors: amounts falling due within one year		(15,042)	(17,138)
Net current assets (liabilities)		(14,953)	(16,686)
Total assets less current liabilities		19,784	51
Total net assets (liabilities)		19,784	51
Capital and reserves
Called up share capital	3	1	1
Revaluation reserve		18,000	-
Profit and loss account		1,783	50
Shareholders' funds		19,784	51

For the year ending 30 December 2012 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 21 August 2014

And signed on their behalf by:
Natalie Haynes, Director

PROPERTY BANK LIMITED Registered Number 06454421

Notes to the Abbreviated Accounts for the period ended 30 December 2012

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 comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and Trade Discounts.

2Fixed assets Investments
Fixed assets investments are stated at cost less provision for any permanent diminution in value, and represents 36,000 Ordinary £1 shares, being a 50% interest in the issued share capital of Stansfield International Limited who are incorporated in England and Wales and trade as Recruitment Consultants.

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

	2012 £	2011 £
1 Ordinary shares of £1 each	1	1