Scan Properties Limited - Limited company - abbreviated - 11.0.0
Scan Properties Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| SCAN PROPERTIES LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| SCAN PROPERTIES LIMITED (REGISTERED NUMBER: 00779015) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 | to | 5 |
| SCAN PROPERTIES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| SCAN PROPERTIES LIMITED (REGISTERED NUMBER: 00779015) |
| ABBREVIATED BALANCE SHEET |
| 25TH MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 |
| SCAN PROPERTIES LIMITED (REGISTERED NUMBER: 00779015) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Scan Properties Limited as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents sale of property and lease extensions granted during the year. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Stocks |
| Stock of properties are valued at lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Investments |
| Investments held as fixed assets are stated at cost less provision for permanent diminution in value. Those held as |
| current assets are stated at the lower of cost and net realisable value. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 26th March 2013 |
| and 25th March 2014 |
| DEPRECIATION |
| At 26th March 2013 |
| Charge for year |
| At 25th March 2014 |
| NET BOOK VALUE |
| At 25th March 2014 |
| At 25th March 2013 |
| SCAN PROPERTIES LIMITED (REGISTERED NUMBER: 00779015) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 26th March 2013 | 100,504 |
| Additions | 200,000 |
| At 25th March 2014 | 300,504 |
| NET BOOK VALUE |
| At 25th March 2014 |
| At 25th March 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Subsidiaries |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 25,488 | 25,488 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 449,068 | 449,128 |
| (Loss)/profit for the year | (60 | ) | 224,530 |
| Associated company |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 50.00 |
| 2014 | 2013 |
| £ | £ |
| Aggregate capital and reserves | 45,881 | 47,820 |
| Loss for the year | (1,939 | ) | (2,668 | ) |
| SCAN PROPERTIES LIMITED (REGISTERED NUMBER: 00779015) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 25TH MARCH 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |