Abbreviated Company Accounts - PROPERTY INVESTORS GUILD (ROMFORD) LIMITED

PROPERTY INVESTORS GUILD (ROMFORD) LIMITED - Company Information

07486655 PROPERTY INVESTORS GUILD (ROMFORD) LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07486655 2014-04-01 2015-03-31 07486655 2015-03-31 07486655 2014-03-31 07486655 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07486655 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 07486655

PROPERTY INVESTORS GUILD (ROMFORD) LIMITED

Abbreviated Accounts

31 March 2015

PROPERTY INVESTORS GUILD (ROMFORD) LIMITED Registered Number 07486655

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	850,000	1,028,000
		850,000	1,028,000
Current assets
Debtors		14,694	15,345
Investments		100	100
Cash at bank and in hand		8,282	9,561
		23,076	25,006
Creditors: amounts falling due within one year		(415,076)	(577,878)
Net current assets (liabilities)		(392,000)	(552,872)
Total assets less current liabilities		458,000	475,128
Creditors: amounts falling due after more than one year		(444,716)	(470,697)
Total net assets (liabilities)		13,284	4,431
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		13,283	4,430
Shareholders' funds		13,284	4,431

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 29 December 2015

And signed on their behalf by:
savvas christodoulou, Director

PROPERTY INVESTORS GUILD (ROMFORD) LIMITED Registered Number 07486655

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 revenue earned during the period exclusive of Value Added tax.

Tangible assets depreciation policy
Depreciation is not provided on freehold land and buildings.

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,028,000
Additions	-
Disposals	(178,000)
Revaluations	-
Transfers	-
At 31 March 2015	850,000
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	850,000
At 31 March 2014	1,028,000

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

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