Accounts filed on 31-07-2015

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			Company registration number:06310609
			HIGH SOCIETY PROPERTIES LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 July 2015

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HIGH SOCIETY PROPERTIES LIMITED
BALANCE SHEET
AS AT 31 July 2015
			2015				2014
		Notes	£		£		£		£
FIXED ASSETS
Tangible assets		2			830,633				830,633
					830,633				830,633
CURRENT ASSETS
Cash at bank and in hand			0				370
			0				370
CREDITORS
Amounts falling due within one year			(234,206)				(226,121)
NET CURRENT ASSETS					(234,206)				(225,751)
TOTAL ASSETS LESS
CURRENT LIABILITIES					596,427				604,882
Creditors falling due after one year					(579,237)				(594,279)
NET ASSETS					17,190				10,603
CAPITAL AND RESERVES
Called-up equity share capital		3			2				2
Profit and loss account					17,188				10,601
SHAREHOLDERS FUNDS					17,190				10,603
For the year ending 31 July 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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Approved by the board of directors on 6 April 2016 and signed on its behalf.
..........................................................................
Mrs Emma Hartmann
6 April 2016
The annexed notes form part of these financial statements.

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HIGH SOCIETY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Statement of cashflow

The company has taken advantage of the exemption provided by financial reporting standard 1 and has not prepared a cash flow statement for the period.

Turnover

Turnover represents the net invoice sales of rental of properties.

Deferred taxation

Deferred taxation is provided using the liability method in respect of the taxation effect of all timing differences to the extent that tax liabilities are likely to crystallise in the foreseeable future.

2.	Tangible fixed assets
				Total
	Cost
	At start of period			830,633
	At end of period			830,633
	Net Book Value
	At start of period			830,633
	At end of period			830,633

3.	Share capital				Allotted, issued and fully paid
					2015	2014
					£	£
	Issued & Fully Paid				2	2
	Total issued share capital				2	2
4.	Transactions with directors
	The company operates a loan account with its directors, which is interest free, with no determined repayment date. The balance outstanding as at 31 July 2015 was 230,837. (2014: 225,303.)