Abbreviated Company Accounts - PARKHAVEN PROPERTY LTD

Abbreviated Company Accounts - PARKHAVEN PROPERTY LTD

PARKHAVEN PROPERTY LTD - Company Information

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Registered Number SC113060

PARKHAVEN PROPERTY LTD

Abbreviated Accounts

31 August 2015

PARKHAVEN PROPERTY LTD Registered Number SC113060

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 18,623 24,290
18,623 24,290
Current assets
Stocks 803,570 798,200
Debtors 4,879 3,816
Cash at bank and in hand 224,392 247,094
1,032,841 1,049,110
Creditors: amounts falling due within one year (73,064) (119,843)
Net current assets (liabilities) 959,777 929,267
Total assets less current liabilities 978,400 953,557
Total net assets (liabilities) 978,400 953,557
Capital and reserves
Called up share capital 100 100
Profit and loss account 978,300 953,457
Shareholders' funds 978,400 953,557
  • For the year ending 31 August 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 27 May 2016

And signed on their behalf by:
M Osborne, Director

PARKHAVEN PROPERTY LTD Registered Number SC113060

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Tangible assets depreciation policy
Property improvements - 15% on reducing balance
Fixtures & fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2014 57,576
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2015 57,576
Depreciation
At 1 September 2014 33,286
Charge for the year 5,667
On disposals -
At 31 August 2015 38,953
Net book values
At 31 August 2015 18,623
At 31 August 2014 24,290