Abbreviated Company Accounts - EAST2WEST PROPERTIES LIMITED

EAST2WEST PROPERTIES LIMITED - Company Information

05787529 EAST2WEST PROPERTIES LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 05787529 2014-05-01 2015-04-30 05787529 2015-04-30 05787529 2014-04-30 05787529 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 05787529 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 05787529

EAST2WEST PROPERTIES LIMITED

Abbreviated Accounts

30 April 2015

EAST2WEST PROPERTIES LIMITED Registered Number 05787529

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	837,997	838,350
		837,997	838,350
Current assets
Debtors		2,034	2,612
Cash at bank and in hand		1,610	1,359
		3,644	3,971
Creditors: amounts falling due within one year		(69,442)	(81,415)
Net current assets (liabilities)		(65,798)	(77,444)
Total assets less current liabilities		772,199	760,906
Creditors: amounts falling due after more than one year		(540,284)	(540,322)
Total net assets (liabilities)		231,915	220,584
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		218,201	218,201
Profit and loss account		13,712	2,381
Shareholders' funds		231,915	220,584

For the year ending 30 April 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 January 2016

And signed on their behalf by:
Mrs M Stockdale, Director

EAST2WEST PROPERTIES LIMITED Registered Number 05787529

Notes to the Abbreviated Accounts for the period ended 30 April 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 January 2015).

Turnover policy
Turnover represents rent received.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 May 2014	843,537
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	843,537
Depreciation
At 1 May 2014	5,187
Charge for the year	353
On disposals	-
At 30 April 2015	5,540
Net book values
At 30 April 2015	837,997
At 30 April 2014	838,350

Fixed assets include properties that were revalued on an open market value basis on 30 April 2014 by the Director. If the properties had not been revalued, costs at 30 April 2015 would be stated at £625,336.

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2