Sale Property Consultants Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07114573 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2013

FOR

SALE PROPERTY CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C P O'Donovan

Mrs J O'Donovan

SECRETARY:

Mrs J O'Donovan

REGISTERED OFFICE:

Lusmore House

14 Craven Terrace

Sale

Cheshire

M33 3GA

REGISTERED NUMBER:

07114573 (England and Wales)

ACCOUNTANTS:

KAY JOHNSON GEE

Griffin Court

201 Chapel Street

Salford

Greater Manchester

M3 5EQ

FIXED ASSETS

Tangible assets

2

32,452

7,193

CURRENT ASSETS

Debtors

36,109

34,016

Cash at bank

86,591

25,063

122,700

59,079

CREDITORS

Amounts falling due within one year

92,658

57,772

NET CURRENT ASSETS

30,042

1,307

TOTAL ASSETS LESS CURRENT LIABILITIES

62,494

8,500

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

62,394

8,400

SHAREHOLDERS' FUNDS

62,494

8,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 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 11th September 2014 and were signed on its behalf by:

C P O'Donovan - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

16,735

Additions

36,226

At 31st December 2013

52,961

DEPRECIATION

At 1st January 2013

9,542

Charge for year

10,967

At 31st December 2013

20,509

NET BOOK VALUE

At 31st December 2013

32,452

At 31st December 2012

7,193

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors is the directors loan account amounting to £21,684. (2012: £38,614)