Our Town Property Limited - Abbreviated accounts

Registered number

05335018

Our Town Property Limited

Abbreviated Accounts

31 July 2015

Our Town Property Limited
Registered number:		05335018
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Current assets
Debtors		10,000			1,152
Cash at bank and in hand		1,983			12,086
		11,983			13,238

Creditors: amounts falling due within one year		(8,992)			(5,699)

Net current assets			2,991			7,539

Net assets			2,991			7,539

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			2,891			7,439

Shareholder's funds			2,991			7,539

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 P Birch
Director
Approved by the board on 27 May 2016

Our Town Property Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 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 January 2015).

	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.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100