WE LET PROPERTIES LIMITED - Accounts 2014


Registered number: 06971336






We Let Properties Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/07/2014
























Prepared By:
Rivington Accounts Limited
Chartered Management Accountants
4 Babylon Lane
Adlington
Chorley
Lancashire
PR6 9NN


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/07/2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06971336


Registered Number: 06971336

BALANCE SHEET AT 31/07/2014

			2014		2013
	Notes		£		£

FIXED ASSETS
Tangible assets	2		2,799		-

CURRENT ASSETS
Cash at bank and in hand		53,755		43,127
		53,755		43,127
CREDITORS: Amounts falling due within one year		43,818		42,157
NET CURRENT ASSETS			9,937		970
TOTAL ASSETS LESS CURRENT LIABILITIES			12,736		970

CAPITAL AND RESERVES

Called up share capital	3		1		1
Profit and loss account			12,735		969
SHAREHOLDERS' FUNDS			12,736		970

For the year ending 31/07/2014 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 08/09/2014 and signed on their behalf by




Wayne Eastman
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1