Urbanbuy Property Management Limited - Period Ending 2013-12-31

Registration number: 02201985

Urbanbuy Property Management Limited

 (A company limited by guarantee)
 
  Unaudited Abbreviated Accounts
 
  for the Year Ended 31 December 2013
 

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

Urbanbuy Property Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Urbanbuy Property Management Limited
(Registration number: 02201985)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Tangible fixed assets					475			481
Current assets
Debtors					1,165			-
Cash at bank and in hand					243			798
					1,408			798
Creditors: Amounts falling due within one year					(910)			(620)
Net current assets					498			178
Net assets					973			659
Capital and reserves
Profit and loss account					973			659
Shareholders' funds					973			659

For the year ending 31 December 2013 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 29 September 2014 and signed on its behalf by:

.........................................
Ms T Angel
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Urbanbuy Property Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% on a straight line basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2013		555			555
At 31 December 2013		555			555
Depreciation
At 1 January 2013		74			74
Charge for the year		6			6
At 31 December 2013		80			80
Net book value
At 31 December 2013		475			475
At 31 December 2012		481			481

3	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.

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