Abbreviated Company Accounts - MOUNTGUARD PROPERTIES LIMITED

MOUNTGUARD PROPERTIES LIMITED - Company Information

03030838 MOUNTGUARD PROPERTIES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03030838 2014-04-01 2015-03-31 03030838 2015-03-31 03030838 2014-03-31 03030838 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03030838 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 03030838

MOUNTGUARD PROPERTIES LIMITED

Abbreviated Accounts

31 March 2015

MOUNTGUARD PROPERTIES LIMITED Registered Number 03030838

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	258,185	258,185
		258,185	258,185
Current assets
Debtors		53,181	54,521
Cash at bank and in hand		7,092	9,329
		60,273	63,850
Creditors: amounts falling due within one year		(16,136)	(14,335)
Net current assets (liabilities)		44,137	49,515
Total assets less current liabilities		302,322	307,700
Total net assets (liabilities)		302,322	307,700
Capital and reserves
Called up share capital	3	50	50
Share premium account		119,506	119,506
Revaluation reserve		122,385	122,385
Profit and loss account		60,381	65,759
Shareholders' funds		302,322	307,700

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 27 December 2015

And signed on their behalf by:
J Vardy, Director

MOUNTGUARD PROPERTIES LIMITED Registered Number 03030838

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, excusive of Value Added Tax.

Other accounting policies
The company was under the control of Mrs P Vardy and Mr J Vardy thought the current and previous year. Mrs P Vardy is the managing directors and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under FRSSE.

2Tangible fixed assets

	£
Cost
At 1 April 2014	258,185
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	258,185
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	258,185
At 31 March 2014	258,185

The properties were revalued by a director , Mr J Vardy BSC (Hons) MRICS at open market value on 31 January 2015 . There has been no significant change since that date in market value.

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

	2015 £	2014 £
50 Ordinary shares of £1 each	50	50