Abbreviated Company Accounts - TAUREAN PROPERTIES LIMITED

Abbreviated Company Accounts - TAUREAN PROPERTIES LIMITED

TAUREAN PROPERTIES LIMITED - Company Information

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Registered Number 05816174

TAUREAN PROPERTIES LIMITED

Abbreviated Accounts

31 May 2015

TAUREAN PROPERTIES LIMITED Registered Number 05816174

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 48,827 57,443
48,827 57,443
Current assets
Stocks 17,934,057 13,193,347
Debtors 1,136,148 1,238,874
Cash at bank and in hand 7,576 35,952
19,077,781 14,468,173
Creditors: amounts falling due within one year (19,648,218) (14,986,389)
Net current assets (liabilities) (570,437) (518,216)
Total assets less current liabilities (521,610) (460,773)
Total net assets (liabilities) (521,610) (460,773)
Capital and reserves
Called up share capital 100 100
Profit and loss account (521,710) (460,873)
Shareholders' funds (521,610) (460,773)
  • For the year ending 31 May 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 10 February 2016

And signed on their behalf by:
R Storey, Director

TAUREAN PROPERTIES LIMITED Registered Number 05816174

Notes to the Abbreviated Accounts for the period ended 31 May 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.

2Tangible fixed assets
£
Cost
At 1 June 2014 67,580
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 67,580
Depreciation
At 1 June 2014 10,137
Charge for the year 8,616
On disposals -
At 31 May 2015 18,753
Net book values
At 31 May 2015 48,827
At 31 May 2014 57,443