Nucard Properties Limited - Period Ending 2015-06-30

Registration number: 00172467

Nucard Properties Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

Critchleys LLP
Chartered Accountants
Greyfriars Court
Paradise Square
Oxford
OX1 1BE

Nucard Properties Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Nucard Properties Limited - Registration number: 00172467
at 30 June 2015

		Note			2015						2014
	£			£			£			£
Fixed assets
Investments								568,600						566,936
Current assets
Debtors					107						637
Cash at bank and in hand					85,781						128,894
					85,888						129,531
Creditors: Amounts falling due within one year					(2,829)						(2,460)
Net current assets								83,059						127,071
Net assets								651,659						694,007
Capital and reserves
Called up share capital		3			960						960
Profit and loss account					650,699						693,047
Shareholders' funds								651,659						694,007

For the year ending 30 June 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 20 November 2015 and signed on its behalf by:

.........................................
NM Hedges
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
  Page 1

Nucard Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Plant and equipment	15% straight line basis

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any permanent diminution in value.

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 July 2014		468			566,936			567,404
Additions		-			203,283			203,283
Disposals		-			(201,619)			(201,619)
At 30 June 2015		468			568,600			569,068
Depreciation
At 1 July 2014		468			-			468
Net book value
At 30 June 2015		-			568,600			568,600
At 30 June 2014		-			566,936			566,936

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £0.01 each		96,000			960			96,000			960

Page 2

Nucard Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

4

Control

The company is controlled by the directors who own the majority of the called up share capital.

Page 3