Ark Properties (Spalding) Limited - Abbreviated accounts 16.1
Ark Properties (Spalding) Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2015 |
FOR |
ARK PROPERTIES (SPALDING) LIMITED |
ARK PROPERTIES (SPALDING) LIMITED (REGISTERED NUMBER: 05176002) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
for the year ended 31 JULY 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
ARK PROPERTIES (SPALDING) LIMITED |
COMPANY INFORMATION |
for the year ended 31 JULY 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
ARK PROPERTIES (SPALDING) LIMITED (REGISTERED NUMBER: 05176002) |
ABBREVIATED BALANCE SHEET |
31 JULY 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Revaluation 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. |
The financial statements were approved by the Board of Directors on behalf by: |
ARK PROPERTIES (SPALDING) LIMITED (REGISTERED NUMBER: 05176002) |
NOTES TO THE ABBREVIATED ACCOUNTS |
for the year ended 31 JULY 2015 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis as the directors have pledged |
their continuing financial support to the company. |
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). |
Tangible fixed assets |
Land and buildings acquired for their investment potential are not depreciated, but are stated in the |
balance sheet at their open market value in order for the accounts to show a true and fair view. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Turnover |
Turnover represents property sales. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 August 2014 |
and 31 July 2015 |
NET BOOK VALUE |
At 31 July 2015 |
At 31 July 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |