Overplace Limited - Limited company - abbreviated

REGISTERED NUMBER: 04285896 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2013

for

Overplace Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J M Stokes

Mrs J Stokes

SECRETARY:

Mr J M Stokes

REGISTERED OFFICE:

2 Church Street

Burnham

Buckinghamshire

SL1 7HZ

REGISTERED NUMBER:

04285896 (England and Wales)

ACCOUNTANTS:

Sweeting & Smedley Limited

2 Church Street

Burnham

Buckinghamshire

SL1 7HZ

FIXED ASSETS

Tangible assets

2

2,270

-

Investment property

3

490,000

340,000

492,270

340,000

CURRENT ASSETS

Debtors

2,959

5,225

Cash at bank

33,948

8,858

36,907

14,083

CREDITORS

Amounts falling due within one year

24,201

20,667

NET CURRENT ASSETS/(LIABILITIES)

12,706

(6,584

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

504,976

333,416

CREDITORS

Amounts falling due after more than one
year

149,125

NET ASSETS

355,851

184,291

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

302,299

152,299

Profit and loss account

53,550

31,990

SHAREHOLDERS' FUNDS

355,851

184,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 15 August 2014 and were signed on its behalf by:

Mr J M Stokes - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

1,432

Additions

2,270

At 30 November 2013

3,702

DEPRECIATION

At 1 December 2012

and 30 November 2013

1,432

NET BOOK VALUE

At 30 November 2013

2,270

At 30 November 2012

-

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 December 2012

340,000

Revaluations

150,000

At 30 November 2013

490,000

NET BOOK VALUE

At 30 November 2013

490,000

At 30 November 2012

340,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

2

Ordinary

£1

2

Overplace Limited - Limited company - abbreviated - 11.0.0

Overplace Limited - Limited company - abbreviated - 11.0.0