Tyne & Wear Properties Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02310103 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2015

for

TYNE & WEAR PROPERTIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C Campbell

SECRETARY:

M Imrie

REGISTERED OFFICE:

87 Laygate

South Shields

Tyne and Wear

NE33 5RF

REGISTERED NUMBER:

02310103 (England and Wales)

ACCOUNTANTS:

Nicholson Hall Associates Limited

Accountants

138 Westoe Road

South Shields

Tyne & Wear

NE33 3PF

FIXED ASSETS

Tangible assets

2

423,254

445,754

CURRENT ASSETS

Debtors

3,500

3,500

Cash at bank

51,268

14,137

54,768

17,637

CREDITORS

Amounts falling due within one year

25,277

14,095

NET CURRENT ASSETS

29,491

3,542

TOTAL ASSETS LESS CURRENT LIABILITIES

452,745

449,296

CREDITORS

Amounts falling due after more than one year

128,252

146,587

NET ASSETS

324,493

302,709

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

324,393

302,609

SHAREHOLDERS' FUNDS

324,493

302,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18th December 2015 and were signed by:

C Campbell - 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

518,561

Disposals

(20,000

)

At 31st March 2015

498,561

DEPRECIATION

At 1st April 2014

72,807

Charge for year

2,500

At 31st March 2015

75,307

NET BOOK VALUE

At 31st March 2015

423,254

At 31st March 2014

445,754

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

100

Ordinary Shares

1

100

100