1 4 Rent (Property Management) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06946034 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

1 4 Rent (Property Management) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Robertson

Mrs T M Robertson

REGISTERED OFFICE:

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

REGISTERED NUMBER:

06946034 (England and Wales)

ACCOUNTANTS:

Essell

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

FIXED ASSETS

Tangible assets

2

298

783

CURRENT ASSETS

Stocks

2,000

-

Debtors

16,000

-

Cash at bank and in hand

187

11,506

18,187

11,506

CREDITORS

Amounts falling due within one year

18,395

11,319

NET CURRENT (LIABILITIES)/ASSETS

(208

)

187

TOTAL ASSETS LESS CURRENT LIABILITIES

90

970

PROVISIONS FOR LIABILITIES

60

157

NET ASSETS

30

813

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

28

811

SHAREHOLDERS' FUNDS

30

813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 16 March 2016 and were signed on its behalf by:

Mrs T M Robertson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

2,866

DEPRECIATION

At 1 July 2014

2,083

Charge for year

485

At 30 June 2015

2,568

NET BOOK VALUE

At 30 June 2015

298

At 30 June 2014

783

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/15

30/6/14

value:

£

£

2

Ordinary Shares

£1

2

2