Abbreviated Company Accounts - LEOMINSTER PROPERTIES LIMITED

Abbreviated Company Accounts - LEOMINSTER PROPERTIES LIMITED

LEOMINSTER PROPERTIES LIMITED - Company Information

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Registered Number 00702539

LEOMINSTER PROPERTIES LIMITED

Abbreviated Accounts

30 June 2015

LEOMINSTER PROPERTIES LIMITED Registered Number 00702539

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3,836,783 3,843,778
3,836,783 3,843,778
Current assets
Stocks 3,800 7,640
Debtors 206,495 69,612
Cash at bank and in hand 73,157 35,982
283,452 113,234
Creditors: amounts falling due within one year 3 (453,425) (363,035)
Net current assets (liabilities) (169,973) (249,801)
Total assets less current liabilities 3,666,810 3,593,977
Creditors: amounts falling due after more than one year 3 (2,923,876) (3,025,196)
Total net assets (liabilities) 742,934 568,781
Capital and reserves
Called up share capital 100,000 100,000
Profit and loss account 642,934 468,781
Shareholders' funds 742,934 568,781
  • For the year ending 30 June 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 31 March 2016

And signed on their behalf by:
Mr S G Hinton, Director

LEOMINSTER PROPERTIES LIMITED Registered Number 00702539

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
Turnover represents rents receivable and sundry charges during the year.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold Property and Improvements - Nil
Motor Vehicles - 20% on written down value
Equipment - 15% on written down value

2Tangible fixed assets
£
Cost
At 1 July 2014 3,910,894
Additions 4,180
Disposals -
Revaluations -
Transfers -
At 30 June 2015 3,915,074
Depreciation
At 1 July 2014 67,116
Charge for the year 11,175
On disposals -
At 30 June 2015 78,291
Net book values
At 30 June 2015 3,836,783
At 30 June 2014 3,843,778
3Creditors
2015
£		 2014
£
Secured Debts 3,023,037 3,121,075