Abbreviated Company Accounts - GARDEN COURT (PROPERTIES) LIMITED

GARDEN COURT (PROPERTIES) LIMITED - Company Information

SC115248 GARDEN COURT (PROPERTIES) LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true SC115248 2014-04-01 2015-03-31 SC115248 2015-03-31 SC115248 2014-03-31 SC115248 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC115248 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 SC115248

GARDEN COURT (PROPERTIES) LIMITED

Abbreviated Accounts

31 March 2015

GARDEN COURT (PROPERTIES) LIMITED Registered Number SC115248

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	600,015	600,020
		600,015	600,020
Current assets
Debtors		836	-
Cash at bank and in hand		65,314	61,073
		66,150	61,073
Creditors: amounts falling due within one year		(399,661)	(401,738)
Net current assets (liabilities)		(333,511)	(340,665)
Total assets less current liabilities		266,504	259,355
Total net assets (liabilities)		266,504	259,355
Capital and reserves
Called up share capital	3	22,000	22,000
Revaluation reserve		269,291	269,291
Profit and loss account		(24,787)	(31,936)
Shareholders' funds		266,504	259,355

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 10 December 2015

And signed on their behalf by:
Isabel McGuire, Director

GARDEN COURT (PROPERTIES) LIMITED Registered Number SC115248

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 rents received during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - No depreciation
Fixtures, fittings and equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	615,283
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	615,283
Depreciation
At 1 April 2014	15,263
Charge for the year	5
On disposals	-
At 31 March 2015	15,268
Net book values
At 31 March 2015	600,015
At 31 March 2014	600,020

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
22,000 Ordinary shares of £1 each	22,000	22,000