PROPERTY LETS LIMITED - Abbreviated accounts

Registered number

05175623

PROPERTY LETS LIMITED

Abbreviated Accounts

31 December 2015

PROPERTY LETS LIMITED
	Registered number:				05175623
Abbreviated Balance Sheet
as at 31 December 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		970,538			970,538

Current assets
Debtors		1,255			500
Cash at bank and in hand		2,669			3,883
		3,924			4,383

Creditors: amounts falling due within one year		(840,639)			(868,339)

Net current liabilities			(836,715)			(863,956)

Net assets			133,823			106,582

Capital and reserves
Called up share capital	3		1,000			1,000
Profit and loss account			132,823			105,582

Shareholders' funds			133,823			106,582

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



S W BYGOTT
Director
Approved by the board on 24 February 2016

PROPERTY LETS LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.


2	Tangible fixed assets					£

	Cost
	At 1 January 2015					970,538
	At 31 December 2015					970,538

	Depreciation
	At 31 December 2015					-

	Net book value
	At 31 December 2015					970,538
	At 31 December 2014					970,538


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1,000		1,000		1,000