Abbreviated Company Accounts - AJS PROPERTY DEVELOPMENT LIMITED

AJS PROPERTY DEVELOPMENT LIMITED - Company Information

03956651 AJS PROPERTY DEVELOPMENT LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03956651 2014-04-01 2015-03-31 03956651 2015-03-31 03956651 2014-03-31 03956651 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03956651 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 03956651

AJS PROPERTY DEVELOPMENT LIMITED

Abbreviated Accounts

31 March 2015

AJS PROPERTY DEVELOPMENT LIMITED Registered Number 03956651

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,260,007	1,323,737
		1,260,007	1,323,737
Current assets
Debtors		5,624	-
Cash at bank and in hand		104,855	79,844
		110,479	79,844
Creditors: amounts falling due within one year	3	(620,490)	(594,356)
Net current assets (liabilities)		(510,011)	(514,512)
Total assets less current liabilities		749,996	809,225
Creditors: amounts falling due after more than one year	3	(208,368)	(243,510)
Total net assets (liabilities)		541,628	565,715
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		540,628	564,715
Shareholders' funds		541,628	565,715

For the year ending 31 March 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 8 May 2015

And signed on their behalf by:
Mr J Wheatley, Director

AJS PROPERTY DEVELOPMENT LIMITED Registered Number 03956651

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - Straight line over 25 years

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,784,286
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	1,784,286
Depreciation
At 1 April 2014	460,549
Charge for the year	63,730
On disposals	-
At 31 March 2015	524,279
Net book values
At 31 March 2015	1,260,007
At 31 March 2014	1,323,737

3Creditors

	2015 £	2014 £
Secured Debts	243,527	278,064

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

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000