P L Properties Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09310855 (England and Wales)

P L Properties Limited

Abbreviated Unaudited Accounts

for the period

14 November 2014 to 30 November 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs L James

Mr P S James

REGISTERED OFFICE:

Brynford House

21 Brynford Street

Holywell

Flintshire

CH8 7RD

REGISTERED NUMBER:

09310855 (England and Wales)

ACCOUNTANTS:

Gardners Accountants Limited

Chartered Accountants

Brynford House

21 Brynford Street

Holywell

Flintshire

CH8 7RD

FIXED ASSETS

Tangible assets

2

788,040

CURRENT ASSETS

Cash at bank

7,578

CREDITORS

Amounts falling due within one year

549,596

NET CURRENT LIABILITIES

(542,018

)

TOTAL ASSETS LESS CURRENT LIABILITIES

246,022

CREDITORS

Amounts falling due after more than one year

246,940

NET LIABILITIES

(918

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(1,018

)

SHAREHOLDERS' FUNDS

(918

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 21 March 2016 and were signed on its behalf by:

Mrs L James - Director

Mr P S James - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

788,040

At 30 November 2015

788,040

NET BOOK VALUE

At 30 November 2015

788,040

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

60

Ordinary

£1

60

40

Ordinary

£1

40

100