Ark Properties (Spalding) Limited - Abbreviated accounts 16.1

Ark Properties (Spalding) Limited - Abbreviated accounts 16.1


05176002 1.8.14 31.7.15 31.7.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure051760022014-07-31051760022015-07-31051760022014-08-012015-07-31051760022013-07-31051760022013-08-012014-07-31051760022014-07-3105176002ns14:PoundSterling2014-08-012015-07-3105176002ns7:Director12014-08-012015-07-3105176002ns7:OrdinaryShareClass12014-08-012015-07-3105176002ns7:Director22014-08-012015-07-3105176002ns7:CompanySecretary2014-08-012015-07-3105176002ns7:RegisteredOffice2014-08-012015-07-3105176002ns7:EntityAccountantsOrAuditors2014-08-012015-07-3105176002ns7:OrdinaryShareClass12015-07-3105176002ns7:OrdinaryShareClass12014-07-31
REGISTERED NUMBER: 05176002








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: A P S Keeling
R A L Keeling





SECRETARY: Miss R P Keeling





REGISTERED OFFICE: 27 Osborne Street
Grimsby
N E Lincs
DN31 1NU





REGISTERED NUMBER: 05176002





ACCOUNTANTS: Wilson Sharpe & Co
Chartered Accountants
27 Osborne Street
Grimsby
N E Lincs
DN31 1NU

ARK PROPERTIES (SPALDING) LIMITED (REGISTERED NUMBER: 05176002)

ABBREVIATED BALANCE SHEET
31 JULY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,096,125 1,096,125

CURRENT ASSETS
Debtors 30,225 31,187
Cash at bank 27,109 49,217
57,334 80,404
CREDITORS
Amounts falling due within one year 1,064,190 1,129,170
NET CURRENT LIABILITIES (1,006,856 ) (1,048,766 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,269

47,359

CAPITAL AND RESERVES
Called up share capital 3 3 3
Revaluation reserve (191,223 ) (191,223 )
Profit and loss account 280,489 238,579
SHAREHOLDERS' FUNDS 89,269 47,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 18 April 2016 and were signed on its
behalf by:





A P S Keeling - Director


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 1,096,125
NET BOOK VALUE
At 31 July 2015 1,096,125
At 31 July 2014 1,096,125

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
3 Ordinary £1 3 3