Abbreviated Company Accounts - DANRIK PROPERTIES LIMITED

DANRIK PROPERTIES LIMITED - Company Information

Registered Number 07589429

DANRIK PROPERTIES LIMITED

Abbreviated Accounts

30 September 2015

DANRIK PROPERTIES LIMITED Registered Number 07589429

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	149,894	149,894
		149,894	149,894
Current assets
Debtors		2,733	900
Cash at bank and in hand		122,173	18,528
		124,906	19,428
Creditors: amounts falling due within one year		(4,424)	(4,473)
Net current assets (liabilities)		120,482	14,955
Total assets less current liabilities		270,376	164,849
Creditors: amounts falling due after more than one year		(249,164)	(149,164)
Total net assets (liabilities)		21,212	15,685
Capital and reserves
Called up share capital		100	100
Profit and loss account		21,112	15,585
Shareholders' funds		21,212	15,685

For the year ending 30 September 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 29 June 2016

And signed on their behalf by:
A. D. MEEK, Director

DANRIK PROPERTIES LIMITED Registered Number 07589429

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The Accounts have been prepared under the Historical Cost Convention and in accordance with Section 1A of FRS 102 The Financial Reporting Standards.

The company has taken advantage of the exemptions in the Financial Reporting Standard Number 1 from the requirement to produce a Cash Flow Statement on the grounds that it is a small company.

Other accounting policies
Deferred Taxation
==============
Provision is made for deferred taxation using the liability method, which takes account of the timing differences between the incidence of income and expenditure for taxation and accounting purposes, except to the extent that the Directors consider the liability to taxation is unlikely to arise.

Investment Properties
=================
Investment properties are internally valued by the Directors every year at their open market value.

2Tangible fixed assets

	£
Cost
At 1 October 2014	149,894
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	149,894
Depreciation
At 1 October 2014	-
Charge for the year	-
On disposals	-
At 30 September 2015	-
Net book values
At 30 September 2015	149,894
At 30 September 2014	149,894