C & M Silvester Property Management Limited - Abbreviated accounts

Registered number

02418646

C & M Silvester Property Management Limited

Abbreviated Accounts

28 February 2015

C & M Silvester Property Management Limited
Registered number:		02418646
Abbreviated Balance Sheet
as at 28 February 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		128,636			123,274

Current assets
Stocks		-			128,236
Debtors		136,790			49,172
Cash at bank and in hand		83,461			73,414
		220,251			250,822

Creditors: amounts falling due within one year		(162,535)			(222,995)

Net current assets			57,716			27,827

Total assets less current liabilities			186,352			151,101


Provisions for liabilities			-			(495)


Net assets			186,352			150,606

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			186,252			150,506

Shareholders' funds			186,352			150,606

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M Silvester
Director
Approved by the board on 24 November 2015

C & M Silvester Property Management Limited
Notes to the Abbreviated Accounts
for the year ended 28 February 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective 4/1/2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

	Motor vehicles			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.


2	Tangible fixed assets					£

	Cost
	At 1 March 2014					150,992
	Additions					9,150
	At 28 February 2015					160,142

	Depreciation
	At 1 March 2014					27,718
	Charge for the year					3,788
	At 28 February 2015					31,506

	Net book value
	At 28 February 2015					128,636
	At 28 February 2014					123,274


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100