Abbreviated Company Accounts - P.E.P. PROPERTIES LIMITED

P.E.P. PROPERTIES LIMITED - Company Information

04203156 P.E.P. PROPERTIES LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 04203156 2014-11-01 2015-10-31 04203156 2015-10-31 04203156 2014-10-31 04203156 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 04203156 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 04203156

P.E.P. PROPERTIES LIMITED

Abbreviated Accounts

31 October 2015

P.E.P. PROPERTIES LIMITED Registered Number 04203156

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	76,654	76,654
		76,654	76,654
Current assets
Stocks		-	55,000
Debtors		35,472	17,132
Cash at bank and in hand		42,132	-
		77,604	72,132
Creditors: amounts falling due within one year		(92,091)	(36,465)
Net current assets (liabilities)		(14,487)	35,667
Total assets less current liabilities		62,167	112,321
Creditors: amounts falling due after more than one year		(54,635)	(95,945)
Total net assets (liabilities)		7,532	16,376
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		7,530	16,374
Shareholders' funds		7,532	16,376

For the year ending 31 October 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 accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 March 2016

And signed on their behalf by:
P Price, Director

P.E.P. PROPERTIES LIMITED Registered Number 04203156

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.

2Tangible fixed assets

	£
Cost
At 1 November 2014	76,654
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	76,654
Depreciation
At 1 November 2014	-
Charge for the year	-
On disposals	-
At 31 October 2015	-
Net book values
At 31 October 2015	76,654
At 31 October 2014	76,654

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2