Abbreviated Company Accounts - DOUGLAS STREET PROPERTIES (DUNDEE) LIMITED
Abbreviated Company Accounts - DOUGLAS STREET PROPERTIES (DUNDEE) LIMITED
Registered Number SC471922
DOUGLAS STREET PROPERTIES (DUNDEE) LIMITED
Abbreviated Accounts
30 June 2015
DOUGLAS STREET PROPERTIES (DUNDEE) LIMITED Registered Number SC471922
Abbreviated Balance Sheet as at 30 June 2015
Notes | 30/06/2015 | 31/03/2015 | |
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£ | £ | ||
Fixed assets | |||
Investments | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
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For the year ending 30 June 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
And signed on their behalf by:
DOUGLAS STREET PROPERTIES (DUNDEE) LIMITED Registered Number SC471922
Notes to the Abbreviated Accounts for the period ended 30 June 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Other accounting policies
Investment properties are recorded in the balance sheet at valuation in accordance with SSAP 19. Any increase in value is credited to the Revaluation Reserve, with any decrease below initial cost being taken to the Profit and Loss account as an Impairment in the year this occurs.
No depreciation is provided for in respect of investment properties in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Such properties are held for their investment potential and not for consumption within the business. This is a departure from the Companies Act 2006 which requires all properties to be depreciated and the directors consider that to depreciate them would not enable the financial statements to give a true and fair view. Investment properties are stated at their market value at the balance sheet date.
2Fixed assets Investments
As at 30 June 2015 - £76302