Abbreviated Company Accounts - ENVIRO PROPERTIES LIMITED

ENVIRO PROPERTIES LIMITED - Company Information

NI053556 ENVIRO PROPERTIES LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true NI053556 2014-02-01 2015-01-31 NI053556 2015-01-31 NI053556 2014-01-31 NI053556 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 NI053556 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2015-01-31 uk-gaap-cd-bus:Director3 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number NI053556

ENVIRO PROPERTIES LIMITED

Abbreviated Accounts

31 January 2015

ENVIRO PROPERTIES LIMITED Registered Number NI053556

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		260,000	260,000
Debtors		3,963	4,404
		263,963	264,404
Creditors: amounts falling due within one year		(434,054)	(432,912)
Net current assets (liabilities)		(170,091)	(168,508)
Total assets less current liabilities		(170,091)	(168,508)
Total net assets (liabilities)		(170,091)	(168,508)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(170,093)	(168,510)
Shareholders' funds		(170,091)	(168,508)

For the year ending 31 January 2015 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 16 October 2015

And signed on their behalf by:
Stephen Hollinger, Director

ENVIRO PROPERTIES LIMITED Registered Number NI053556

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 total invoice value, including value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Valuation information and policy
Stock - Properties held for resale
Properties held for resale are valued at the lower of cost and new realisable value.

Net realisable value is the amount at which goods can be expected to be realised after all further costs to completion date and sale.

The director estimates the new realisable values are £210,000 for Cory Street and £50,000 for the land at Milecross Road. These values are lower than cost.

Other accounting policies
Going Concern
The accounts have not been prepared on a going concern basis. The company was dependent on the continued support of the bank for its loans, however the bank have called in their loans.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

3Transactions with directors

Name of director receiving advance or credit:	Stephen Holinger
Description of the transaction:	Overdrawn Current account
Balance at 1 February 2014:	£ 441
Advances or credits made:	-
Advances or credits repaid:	£ 441
Balance at 31 January 2015:	£ 0

The overdrawn current account was cleared on 27 October 2014.