Abbreviated Company Accounts - VICTORIA FREEHOLDS LIMITED

Abbreviated Company Accounts - VICTORIA FREEHOLDS LIMITED


Registered Number 07080443

VICTORIA FREEHOLDS LIMITED

Abbreviated Accounts

31 March 2015

VICTORIA FREEHOLDS LIMITED Registered Number 07080443

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 228,426 165,290
228,426 165,290
Current assets
Debtors - 1,860
Cash at bank and in hand 23,804 2,605
23,804 4,465
Creditors: amounts falling due within one year (101,286) (18,673)
Net current assets (liabilities) (77,482) (14,208)
Total assets less current liabilities 150,944 151,082
Accruals and deferred income (850) (986)
Total net assets (liabilities) 150,094 150,096
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 149,994 149,996
Shareholders' funds 150,094 150,096
  • 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 30 December 2015

And signed on their behalf by:
J Kent-Baguley, Director

VICTORIA FREEHOLDS LIMITED Registered Number 07080443

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 net of Value Added Tax

Tangible assets depreciation policy
The tangible fixed assets owned by the company are freehold land. No depreciation is therefore provided on it.

2Tangible fixed assets
£
Cost
At 1 April 2014 165,290
Additions 63,136
Disposals -
Revaluations -
Transfers -
At 31 March 2015 228,426
Depreciation
At 1 April 2014 0
Charge for the year 0
On disposals -
At 31 March 2015 0
Net book values
At 31 March 2015 228,426
At 31 March 2014 165,290

No depreciation is provided on the freehold land.

3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100