Abbreviated Company Accounts - ADPROPS LIMITED

07262187 ADPROPS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07262187 2014-06-01 2015-05-31 07262187 2015-05-31 07262187 2014-05-31 07262187 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07262187 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07262187

ADPROPS LIMITED

Abbreviated Accounts

31 May 2015

ADPROPS LIMITED Registered Number 07262187

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	7,125	7,600
Tangible assets	3	3,318	4,424
		10,443	12,024
Current assets
Debtors		2	5,135
Cash at bank and in hand		3,487	4,807
		3,489	9,942
Creditors: amounts falling due within one year		(13,623)	(14,801)
Net current assets (liabilities)		(10,134)	(4,859)
Total assets less current liabilities		309	7,165
Total net assets (liabilities)		309	7,165
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		209	7,065
Shareholders' funds		309	7,165

For the year ending 31 May 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 2 November 2015

And signed on their behalf by:
Mr N Turnbull, Director

ADPROPS LIMITED Registered Number 07262187

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

1Accounting Policies

Basis of measurement and preparation of accounts
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

Tangible assets depreciation policy
Motor vehicles - 25% reducing balance basis
Equipment - 25% reducing balance basis

Intangible assets amortisation policy
Goodwill - straight line over 20 years

2Intangible fixed assets

	£
Cost
At 1 June 2014	9,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	9,500
Amortisation
At 1 June 2014	1,900
Charge for the year	475
On disposals	-
At 31 May 2015	2,375
Net book values
At 31 May 2015	7,125
At 31 May 2014	7,600

3Tangible fixed assets

	£
Cost
At 1 June 2014	10,113
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	10,113
Depreciation
At 1 June 2014	5,689
Charge for the year	1,106
On disposals	-
At 31 May 2015	6,795
Net book values
At 31 May 2015	3,318
At 31 May 2014	4,424

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100