Abbreviated Company Accounts - G.C. PROPERTY (OXFORD) LIMITED

G.C. PROPERTY (OXFORD) LIMITED - Company Information

04988536 G.C. PROPERTY (OXFORD) LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 04988536 2014-12-01 2015-11-30 04988536 2015-11-30 04988536 2014-11-30 04988536 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 04988536 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 04988536

G.C. PROPERTY (OXFORD) LIMITED

Abbreviated Accounts

30 November 2015

G.C. PROPERTY (OXFORD) LIMITED Registered Number 04988536

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	294,477	416,130
		294,477	416,130
Creditors: amounts falling due within one year		(87,740)	(221,640)
Net current assets (liabilities)		(87,740)	(221,640)
Total assets less current liabilities		206,737	194,490
Creditors: amounts falling due after more than one year		(151,722)	(179,317)
Total net assets (liabilities)		55,015	15,173
Capital and reserves
Called up share capital	3	101	101
Profit and loss account		54,914	15,072
Shareholders' funds		55,015	15,173

For the year ending 30 November 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 30 August 2016

And signed on their behalf by:
Miss A V Gordon-Creed, Director

G.C. PROPERTY (OXFORD) LIMITED Registered Number 04988536

Notes to the Abbreviated Accounts for the period ended 30 November 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
Turnover represents amounts receivable for property rental income and property sales.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-

Land and buildings freehold have nil depreciation.

No depreciation has been provided on freehold buildings as, in the opinion of the director, the useful economic life and residual value is such that any depreciation charge would be insignificant.

2Tangible fixed assets

	£
Cost
At 1 December 2014	416,130
Additions	-
Disposals	(121,653)
Revaluations	-
Transfers	-
At 30 November 2015	294,477
Depreciation
At 1 December 2014	-
Charge for the year	-
On disposals	-
At 30 November 2015	-
Net book values
At 30 November 2015	294,477
At 30 November 2014	416,130

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

	2015 £	2014 £
101 Ordinary shares of £1 each	101	101