Abbreviated Company Accounts - FREEMAN PROPERTY DEVELOPMENT LIMITED

FREEMAN PROPERTY DEVELOPMENT LIMITED - Company Information

Registered Number 03068241

FREEMAN PROPERTY DEVELOPMENT LIMITED

Abbreviated Accounts

31 July 2015

FREEMAN PROPERTY DEVELOPMENT LIMITED Registered Number 03068241

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	11,777	13,986
Investments	3	170,000	170,000
		181,777	183,986
Current assets
Stocks		-	32,000
Debtors		60,927	5,040
Cash at bank and in hand		4,613	10,797
		65,540	47,837
Creditors: amounts falling due within one year		(155,800)	(211,980)
Net current assets (liabilities)		(90,260)	(164,143)
Total assets less current liabilities		91,517	19,843
Provisions for liabilities		(2,355)	0
Total net assets (liabilities)		89,162	19,843
Capital and reserves
Called up share capital		400	400
Profit and loss account		88,762	19,443
Shareholders' funds		89,162	19,843

For the year ending 31 July 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 18 February 2016

And signed on their behalf by:
E.C. Freeman, Director
Mrs.D. Freeman, Director

FREEMAN PROPERTY DEVELOPMENT LIMITED Registered Number 03068241

Notes to the Abbreviated Accounts for the period ended 31 July 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 August 2014	57,213
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	57,213
Depreciation
At 1 August 2014	43,227
Charge for the year	2,209
On disposals	-
At 31 July 2015	45,436
Net book values
At 31 July 2015	11,777
At 31 July 2014	13,986

3Fixed assets Investments
The Investment Properties are 4 small retail units remaining from previous developments after the other leaseholds have been sold. No depreciation is provided on these assets.