SCB Property Services Limited - Abbreviated accounts 16.1

SCB Property Services Limited - Abbreviated accounts 16.1

SCB PROPERTY SERVICES LIMITED - Company Information

Print Friendly Version

02833148 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true true false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure028331482015-03-31028331482016-03-31028331482015-04-012016-03-31028331482014-03-31028331482014-04-012015-03-31028331482015-03-3102833148ns12:England2015-04-012016-03-3102833148ns14:PoundSterling2015-04-012016-03-3102833148ns7:Director12015-04-012016-03-3102833148ns7:OrdinaryShareClass12015-04-012016-03-3102833148ns7:RegisteredOffice2015-04-012016-03-3102833148ns7:EntityAccountantsOrAuditors2015-04-012016-03-3102833148ns5:InvestmentProperties2016-03-3102833148ns5:InvestmentProperties2015-03-3102833148ns5:InvestmentProperties2015-03-3102833148ns7:OrdinaryShareClass12016-03-3102833148ns7:OrdinaryShareClass12015-03-31
REGISTERED NUMBER: 02833148 (England and Wales)





















Abbreviated Accounts

for the Year Ended 31 March 2016

for

SCB Property Services Limited

SCB Property Services Limited (Registered number: 02833148)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SCB Property Services Limited

Company Information
for the Year Ended 31 March 2016







DIRECTOR: S Campbell-Barr





REGISTERED OFFICE: Maltings Cottage
Melton Hill
Woodbridge
Suffolk
IP12 1AX





REGISTERED NUMBER: 02833148 (England and Wales)





ACCOUNTANTS: Pinfold & Co
Chartered Accountants
8 Deben Mill Business Centre
Old Maltings Approach
Woodbridge
Suffolk
IP12 1BL
Page 1
SCB Property Services Limited (Registered number: 02833148)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Investment property 2 359,000 359,000

CURRENT ASSETS
Debtors 15,874 14,468
Cash at bank 7,446 3,232
23,320 17,700
CREDITORS
Amounts falling due within one year 1,960 1,780
NET CURRENT ASSETS 21,360 15,920
TOTAL ASSETS LESS CURRENT
LIABILITIES
380,360
374,920

CAPITAL AND RESERVES
Called up share capital 3 2 2
Revaluation reserve 248,718 248,718
Profit and loss account 131,640 126,200
SHAREHOLDERS' FUNDS 380,360 374,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 17 May 2016 and were signed by:





S Campbell-Barr - Director


The notes form part of these abbreviated accounts

Page 2
SCB Property Services Limited (Registered number: 02833148)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 January
2015).

Turnover
The turnover represents net invoiced sales of services, excluding value added tax, arising from letting
commercial properties.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date where transactions or events that result in an obligation to pay more tax in the future, or a right to pay
less tax in the future, have occurred at the balance sheet date. Timing differences are differences between the
company’s taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average rates that are expected to apply in the periods in which the timing
differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

2. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2015
and 31 March 2016 359,000
NET BOOK VALUE
At 31 March 2016 359,000
At 31 March 2015 359,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
2 Ordinary £1 2 2

4. RELATED PARTY DISCLOSURES

S Campbell-Barr
A director and shareholder of the company.


31.3.16 31.3.15
£    £   
Amount due from/(to) related party at the balance sheet date 1,407 (1,004 )

Page 3 continued...
SCB Property Services Limited (Registered number: 02833148)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

4. RELATED PARTY DISCLOSURES - continued

Gold Leisure (UK) Limited

A company in which S Campbell-Barr is a director and shareholder.


31.3.16 31.3.15
£    £   
Amount due from related party at the balance sheet date 14,468 14,468

5. ULTIMATE CONTROLLING PARTY

The controlling party is S Campbell-Barr.


Page 4