Abbreviated Company Accounts - ASHSCOTT PROPERTIES LTD.

ASHSCOTT PROPERTIES LTD. - Company Information

SC179489 ASHSCOTT PROPERTIES LTD. 2015-10-31 false 2014-11-01 2015-10-31 true SC179489 2014-11-01 2015-10-31 SC179489 2015-10-31 SC179489 2014-10-31 SC179489 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 SC179489 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number SC179489

ASHSCOTT PROPERTIES LTD.

Abbreviated Accounts

31 October 2015

ASHSCOTT PROPERTIES LTD. Registered Number SC179489

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,079,197	897,954
		1,079,197	897,954
Current assets
Debtors		-	99,171
Cash at bank and in hand		33,831	7,818
		33,831	106,989
Creditors: amounts falling due within one year		(542,870)	(555,162)
Net current assets (liabilities)		(509,039)	(448,173)
Total assets less current liabilities		570,158	449,781
Creditors: amounts falling due after more than one year		(223,802)	(129,256)
Total net assets (liabilities)		346,356	320,525
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		346,354	320,523
Shareholders' funds		346,356	320,525

For the year ending 31 October 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 26 January 2016

And signed on their behalf by:
JUNE SCOTT, Director

ASHSCOTT PROPERTIES LTD. Registered Number SC179489

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

Turnover policy
The turnover shown in the Profit & Loss Account represents amounts invoiced during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the life of that asset.

Other accounting policies
Related Party Transactions
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.
The Company was under control of Mrs & Miss Scott throughout the current and previous year. Miss Scott is the Managing Director and Majority Shareholder.

2Tangible fixed assets

	£
Cost
At 1 November 2014	897,954
Additions	263,559
Disposals	(82,316)
Revaluations	-
Transfers	-
At 31 October 2015	1,079,197
Depreciation
At 1 November 2014	-
Charge for the year	-
On disposals	-
At 31 October 2015	-
Net book values
At 31 October 2015	1,079,197
At 31 October 2014	897,954

All Fixed Assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

There have been no transactions involving Ordinary Shares or Potential Ordinary Shares since the reporting date and before completion of these financial statements.