Pillar Properties (Cheltenham) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06586641 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2014

for

Pillar Properties (Cheltenham) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K A Frewin

SECRETARY:

REGISTERED OFFICE:

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

REGISTERED NUMBER:

06586641 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

FIXED ASSETS

Investments

2

1

1

Investment property

3

920,000

861,881

920,001

861,882

CURRENT ASSETS

Debtors

1,570

40,858

Cash at bank

43,197

2,829

44,767

43,687

CREDITORS

Amounts falling due within one year

3,519

1,563

NET CURRENT ASSETS

41,248

42,124

TOTAL ASSETS LESS CURRENT LIABILITIES

961,249

904,006

CREDITORS

Amounts falling due after more than one year

697,441

828,329

NET ASSETS

263,808

75,677

CAPITAL AND RESERVES

Called up share capital

4

100

100

Revaluation reserve

233,650

-

Profit and loss account

30,058

75,577

SHAREHOLDERS' FUNDS

263,808

75,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 July 2014 and were signed by:

K A Frewin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

and 31 March 2014

1

NET BOOK VALUE

At 31 March 2014

1

At 31 March 2013

1

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2013

861,881

Disposals

(175,531

)

Revaluations

233,650

At 31 March 2014

920,000

NET BOOK VALUE

At 31 March 2014

920,000

At 31 March 2013

861,881

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

K A Frewin

Balance outstanding at start of year

30,868

12,576

Amounts advanced

1,702

34,292

Amounts repaid

(31,000

)

(16,000

)

Balance outstanding at end of year

1,570

30,868