Abbreviated Company Accounts - BLOCKLAND PROPERTIES LTD

BLOCKLAND PROPERTIES LTD - Company Information

04354637 BLOCKLAND PROPERTIES LTD 2015-01-31 false 2014-02-01 2015-01-31 true 04354637 2014-02-01 2015-01-31 04354637 2015-01-31 04354637 2014-01-31 04354637 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 04354637 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 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 04354637

BLOCKLAND PROPERTIES LTD

Abbreviated Accounts

31 January 2015

BLOCKLAND PROPERTIES LTD Registered Number 04354637

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	950,000	950,000
		950,000	950,000
Current assets
Debtors		878	878
Cash at bank and in hand		13,205	11,233
		14,083	12,111
Creditors: amounts falling due within one year		(251,669)	(280,299)
Net current assets (liabilities)		(237,586)	(268,188)
Total assets less current liabilities		712,414	681,812
Creditors: amounts falling due after more than one year		(130,000)	(143,603)
Total net assets (liabilities)		582,414	538,209
Capital and reserves
Called up share capital	3	1	1
Revaluation reserve		198,962	198,962
Profit and loss account		383,451	339,246
Shareholders' funds		582,414	538,209

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 30 October 2015

And signed on their behalf by:
Mr P Patel, Director

BLOCKLAND PROPERTIES LTD Registered Number 04354637

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 rents receivable net of VAT.

Tangible assets depreciation policy
Investment properties are included in the balance sheet at their open market value. Depreciation is
provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller
Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
No depreciation is provided in respect of freehold land.

Other accounting policies
Control
The company was under the control of its director, Mr P Patel during the period under review.

2Tangible fixed assets

	£
Cost
At 1 February 2014	950,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	950,000
Depreciation
At 1 February 2014	-
Charge for the year	-
On disposals	-
At 31 January 2015	-
Net book values
At 31 January 2015	950,000
At 31 January 2014	950,000

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

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