Abbreviated Company Accounts - RANGELEASE PROPERTY MANAGEMENT LIMITED

RANGELEASE PROPERTY MANAGEMENT LIMITED - Company Information

02410419 RANGELEASE PROPERTY MANAGEMENT LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02410419 2014-04-01 2015-03-31 02410419 2015-03-31 02410419 2014-03-31 02410419 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02410419 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 02410419

RANGELEASE PROPERTY MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2015

RANGELEASE PROPERTY MANAGEMENT LIMITED Registered Number 02410419

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,400	5,400
		5,400	5,400
Current assets
Debtors		81	79
		81	79
Creditors: amounts falling due within one year		(5,475)	(5,475)
Net current assets (liabilities)		(5,394)	(5,396)
Total assets less current liabilities		6	4
Total net assets (liabilities)		6	4
Capital and reserves
Called up share capital	3	6	4
Shareholders' funds		6	4

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 28 January 2016

And signed on their behalf by:
Z Hourani, Director

RANGELEASE PROPERTY MANAGEMENT LIMITED Registered Number 02410419

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
Turnover represents the total value of ground rents receivable during the year.

Tangible assets depreciation policy
As stated in the directors' report, the freehold investment property has not been revalued on an open market basis. No amortisation or depreciation is provided in respect of freehold investment properties in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). This treatment is contrary to the requirement of the Companies Act 2006 to provide for depreciation but is considered necessary to ensure the financial statements give a true and fair view. Depreciation is only one of the factors reflected at the balance sheet date valuation and the amount that might otherwise have been shown cannot be separately identified or quantified.

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.

2Tangible fixed assets

	£
Cost
At 1 April 2014	5,400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	5,400
Depreciation
At 1 April 2014	0
Charge for the year	-
On disposals	-
At 31 March 2015	0
Net book values
At 31 March 2015	5,400
At 31 March 2014	5,400

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

	2015 £	2014 £
6 Ordinary shares of £1 each (4 shares for 2014)	6	4