Vector Property Management Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06693053 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH APRIL 2015

FOR

VECTOR PROPERTY MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D A Butler

R A Harris

D A Owen

SECRETARY:

D A Butler

REGISTERED OFFICE:

3rd Floor Vantage House

6-7 Claydons Lane

Rayleigh

Essex

SS6 7UP

REGISTERED NUMBER:

06693053 (England and Wales)

FIXED ASSETS

Tangible assets

2

21,793

26,576

CURRENT ASSETS

Debtors

5,479

54,169

Cash at bank

61,077

90,744

66,556

144,913

CREDITORS

Amounts falling due within one year

(34,568

)

(119,816

)

NET CURRENT ASSETS

31,988

25,097

TOTAL ASSETS LESS CURRENT LIABILITIES

53,781

51,673

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

53,779

51,671

SHAREHOLDERS' FUNDS

53,781

51,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28th October 2015 and were signed on its behalf by:

D A Owen - Director

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).

Turnover

Turnover represents income received from property management.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2014

and 30th April 2015

32,411

DEPRECIATION

At 1st May 2014

5,835

Charge for year

4,783

At 30th April 2015

10,618

NET BOOK VALUE

At 30th April 2015

21,793

At 30th April 2014

26,576

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2