Praedium Properties Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC436776 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 13 NOVEMBER 2012 TO 30 NOVEMBER 2013

FOR

PRAEDIUM PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

S C Geddes

B Gray

REGISTERED OFFICE:

21 Mackie Way

Elrick

WESTHILL

Aberdeenshire

AB32 6AL

REGISTERED NUMBER:

SC436776 (Scotland)

ACCOUNTANTS:

Bain Henry Reid

4 West Craibstone Street

Bon-Accord Square

ABERDEEN

AB11 6YL

FIXED ASSETS

Investments

2

14,000

CURRENT ASSETS

Stocks

8,675

Investments

39,400

Cash at bank

50,222

98,297

CREDITORS

Amounts falling due within one year

114,318

NET CURRENT LIABILITIES

(16,021

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,021

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(2,023

)

SHAREHOLDERS' FUNDS

(2,021

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2013 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 9 August 2014 and were signed on its behalf by:

S C Geddes - Director

B Gray - 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).

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

14,000

At 30 November 2013

14,000

NET BOOK VALUE

At 30 November 2013

14,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Praedium Properties Limited for the period ended 30 November 2013 which comprise the Profit

and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other

professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of Praedium Properties Limited, as a body, in accordance with our

terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Praedium Properties Limited and state those matters that we have agreed to state to the Board of Directors of Praedium

Properties Limited, as a body, in this report in accordance with the requirements of the Institute of Chartered

Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of

Directors, as a body, for our work or for this report.

It is your duty to ensure that Praedium Properties Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Praedium

Properties Limited. You consider that Praedium Properties Limited is exempt from the statutory audit requirement for

the period.

We have not been instructed to carry out an audit or a review of the financial statements of Praedium Properties Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bain Henry Reid

4 West Craibstone Street

Bon-Accord Square

ABERDEEN

AB11 6YL

9 August 2014