Ladkarn Estates Limited - Limited company - abbreviated - 11.9
Ladkarn Estates Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| FOR |
| LADKARN ESTATES LIMITED |
| LADKARN ESTATES LIMITED (REGISTERED NUMBER: 02399277) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| LADKARN ESTATES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| LADKARN ESTATES LIMITED (REGISTERED NUMBER: 02399277) |
| ABBREVIATED BALANCE SHEET |
| 30 JUNE 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment properties | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Investment revaluation reserve | ( |
) | ( |
) |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| LADKARN ESTATES LIMITED (REGISTERED NUMBER: 02399277) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 JUNE 2015 |
| The financial statements were approved by the Board of Directors on |
| LADKARN ESTATES LIMITED (REGISTERED NUMBER: 02399277) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| 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 comprises the invoiced value of rents and service charges receivable, excluding value added tax. |
| Investment properties |
| Investment properties are valued annually and shown in the accounts at valuation. Net surpluses are taken to the |
| investment revaluation reserve. Deficits that are expected to be permanent are taken to the profit and loss |
| account. |
| Investment properties are not depreciated in order to show a true and fair view in accordance with Statement of |
| Standard Accounting Practice 19. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. In accordance with Financial Reporting Standard 19, deferred tax is not recognised on revaluation |
| gains. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance |
| sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the |
| date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| and 30 June 2015 |
| DEPRECIATION |
| At 1 July 2014 |
| Charge for year |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| LADKARN ESTATES LIMITED (REGISTERED NUMBER: 02399277) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| 3. | INVESTMENT PROPERTIES |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| and 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 215,808 | 239,151 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary shares | £1 |
| On 26 October 2011, the company purchased 33 Ordinary £1 shares. These shares have been cancelled and taken |
| to the capital redemption reserve. |