Cul-de-Sac Properties Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04621927 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Cul-de-Sac Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A S Davis

Mrs A M Davis

SECRETARY:

Mrs A M Davis

REGISTERED OFFICE:

Brook Point

1412 High Road

Whetstone

London

N20 9BH

REGISTERED NUMBER:

04621927 (England and Wales)

ACCOUNTANTS:

Niren Blake LLP

Chartered Accountants

Brook Point

1412 High Road

Whetstone

London

N20 9BH

FIXED ASSETS

Tangible assets

2

895,518

895,518

CURRENT ASSETS

Cash in hand

2

2

CREDITORS

Amounts falling due within one year

395,893

395,893

NET CURRENT LIABILITIES

(395,891

)

(395,891

)

TOTAL ASSETS LESS CURRENT LIABILITIES

499,627

499,627

CREDITORS

Amounts falling due after more than one year

3

499,625

499,625

NET ASSETS

2

2

CAPITAL AND RESERVES

Called up share capital

4

2

2

SHAREHOLDERS' FUNDS

2

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 24 November 2015 and were signed on its behalf by:

A S Davis - 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).

Tangible fixed assets

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

Land and buildings

-

not provided

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

895,518

NET BOOK VALUE

At 31 December 2014

895,518

At 31 December 2013

895,518

3.

CREDITORS

Creditors include an amount of £ 499,625 (2013 - £ 499,625 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company has no expenses as these are borne by the directors personally.