Abbreviated Company Accounts - 60 WESTBOURNE ROAD LIMITED

60 WESTBOURNE ROAD LIMITED - Company Information

04353748 60 WESTBOURNE ROAD LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04353748 2013-01-01 2013-12-31 04353748 2013-12-31 04353748 2012-12-31 04353748 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04353748 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-01-01 2013-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:Director3 2012-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04353748

60 WESTBOURNE ROAD LIMITED

Abbreviated Accounts

31 December 2013

60 WESTBOURNE ROAD LIMITED Registered Number 04353748

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	12,608	12,608
		12,608	12,608
Total assets less current liabilities		12,608	12,608
Creditors: amounts falling due after more than one year	3	(12,604)	(12,604)
Total net assets (liabilities)		4	4
Capital and reserves
Called up share capital	4	4	4
Shareholders' funds		4	4

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 their behalf by:
PJ WYNN JONES, Director

60 WESTBOURNE ROAD LIMITED Registered Number 04353748

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Tangible assets depreciation policy
The accounts are prepared under the historical cost convention as modified by the revaluation of investment properties and in accordance with applicable Accounting Standards and the Financial Reporting Standard from Smaller Entities (effective April 2008). The financial statements are in compliance with the Companies Act 2006 except that, as explained below, investment properties are not depreciated.

Depreication:

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land & Buildings 0% Straight Line

2Tangible fixed assets

	£
Cost
At 1 January 2013	12,608
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	12,608
Depreciation
At 1 January 2013	0
Charge for the year	-
On disposals	-
At 31 December 2013	0
Net book values
At 31 December 2013	12,608
At 31 December 2012	12,608

In accordance with Statement of Accounting Practice 19, Accounting for Investment Properties, no depreciation is provided in respect of freehold properties with over 20 years to expiry. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are not held for consumption but for investment and the director considers that to depreciate them would not give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The director considers that this policy results in the accounts giving a true and fair view.

The freehold property is held for long term investment. Investment properties are valued at open market value. The investment property is to be carried at the current market valuation with no provision for depreciation.

3Creditors

	2013 £	2012 £
Non-instalment debts due after 5 years	12,604	12,604

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
4 Ordinary shares of £1 each	4	4

5Transactions with directors

Name of director receiving advance or credit:	PJ Wynn Jones
Description of the transaction:	Amount owed but the Company to PJ Wynn Jones, a Director:
Balance at 1 January 2013:	£ 9,453
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 December 2013:	£ 9,453

The Company is controlled by PJ Wynn Jones, a director of the Company