1st Call Commercial Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09345770 (England and Wales)

1ST CALL COMMERCIAL PROPERTIES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

8 DECEMBER 2014 TO 30 NOVEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N A Jennings

REGISTERED OFFICE:

8 Wheelwrights Corner

Old Market Nailsworth

United Kingdom

Gloucestershire

GL6 0DB

REGISTERED NUMBER:

09345770 (England and Wales)

ACCOUNTANTS:

Sutton Dipple Limited

8 Wheelwrights Corner

Old Market

Nailsworth

Gloucestershire

GL6 0DB

FIXED ASSETS

Tangible assets

2

389,256

CURRENT ASSETS

Debtors

530

Cash at bank

12,084

12,614

CREDITORS

Amounts falling due within one year

(208,251

)

NET CURRENT LIABILITIES

(195,637

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193,619

CREDITORS

Amounts falling due after more than one year

3

(182,790

)

NET ASSETS

10,829

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

10,828

SHAREHOLDERS' FUNDS

10,829

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 director acknowledges his 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 director on 2 August 2016 and were signed by:

N A Jennings - 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 January 2015).

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.

Going concern

The company made a loss in the first year of trading due to the fees incurred in acquiring the

freehold property. The company is reliant upon the continued support of the director, there is no

indication that this support will be withdrawn within the next 12 months and therefore the accounts

have been prepared on a going concern basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

389,256

At 30 November 2015

389,256

NET BOOK VALUE

At 30 November 2015

389,256

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

£

Repayable by instalments

127,955

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Called up share capital

1.00

1

5.	BANK LOANS

The bank loans received from Lloyds Bank to purchase the Former Depot property have been

secured with a charge over the property purchased arrangement.