Abbreviated Company Accounts - G D MANSFIELD PROPERTIES LIMITED

Abbreviated Company Accounts - G D MANSFIELD PROPERTIES LIMITED

G D MANSFIELD PROPERTIES LIMITED - Company Information

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Registered Number 07889766

G D MANSFIELD PROPERTIES LIMITED

Abbreviated Accounts

31 December 2013

G D MANSFIELD PROPERTIES LIMITED Registered Number 07889766

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 414,848 414,848
414,848 414,848
Current assets
Cash at bank and in hand 3,657 2,744
3,657 2,744
Creditors: amounts falling due within one year (131,919) (68,769)
Net current assets (liabilities) (128,262) (66,025)
Total assets less current liabilities 286,586 348,823
Creditors: amounts falling due after more than one year (302,333) (378,333)
Total net assets (liabilities) (15,747) (29,510)
Capital and reserves
Called up share capital 1 1
Profit and loss account (15,748) (29,511)
Shareholders' funds (15,747) (29,510)
  • For the year ending 31 December 2013 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 18 September 2014

And signed on their behalf by:
G MANSFIELD, Director

G D MANSFIELD PROPERTIES LIMITED Registered Number 07889766

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
Turnover represents amounts receivable for goods and services net of trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

2Tangible fixed assets
£
Cost
At 1 January 2013 414,848
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 414,848
Depreciation
At 1 January 2013 -
Charge for the year -
On disposals -
At 31 December 2013 -
Net book values
At 31 December 2013 414,848
At 31 December 2012 414,848

Included in other creditors is an amount £129,619 (2012- £67,619) owed to City Furniture Hire Limited. Companies are related through mutual ownership.