Propertyinvest Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04954328 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Propertyinvest Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N A Harvey

Tripod Asset Management Limited

SECRETARY:

Miss L Hayward

REGISTERED OFFICE:

67 Westow Street

London

SE19 3RW

REGISTERED NUMBER:

04954328 (England and Wales)

FIXED ASSETS

Investment property

2

20,000

20,000

CURRENT ASSETS

Debtors

56,582

91,082

Cash at bank

699

607

57,281

91,689

CREDITORS

Amounts falling due within one year

(67,050

)

(110,469

)

NET CURRENT LIABILITIES

(9,769

)

(18,780

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,231

1,220

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

10,227

1,216

SHAREHOLDERS' FUNDS

10,231

1,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 December 2015 and were signed on its behalf by:

N A Harvey - 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).

Turnover

Turnover represents the sale of property, excluding value added tax.

Investment property

Investment property is revalued annually and the aggregate surplus or deficit arising from changes in the market

value is transferred to the revaluation reserve. No provision is made for depreciation on investment property.

This is a departure from the provisions of the Companies Act 2006. However, this policy is in accordance with

the Financial Reporting Standards for Smaller Entities and is preferred by the directors in order for the accounts

to give a true and fair view.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2014

and 30 April 2015

20,000

NET BOOK VALUE

At 30 April 2015

20,000

At 30 April 2014

20,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

4

Ordinary shares

£1.00

4

4

4.	ULTIMATE PARENT COMPANY