Beauchamp Properties Ltd - Limited company - abbreviated - 11.0.0
Beauchamp Properties Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| BEAUCHAMP PROPERTIES LTD |
| BEAUCHAMP PROPERTIES LTD (REGISTERED NUMBER: 07333776) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| BEAUCHAMP PROPERTIES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| BEAUCHAMP PROPERTIES LTD (REGISTERED NUMBER: 07333776) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Investments | ( |
) |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| BEAUCHAMP PROPERTIES LTD (REGISTERED NUMBER: 07333776) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Revaluation reserve |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on on its behalf by: |
| BEAUCHAMP PROPERTIES LTD (REGISTERED NUMBER: 07333776) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by |
| the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller |
| Entities (effective April 2008). |
| Turnover |
| Turnover is derived from rental income receivable on investment properties. |
| Investment property |
| Investment property is shown at a revalued amount which the directors believe to be equal to the |
| current market value. The Companies Act 2006 requires the non land element of the cost/valuation |
| of freehold properties to be amortised over their useful life (not to exceed 50 years). However |
| Statement of Standard Accounting Practice 19 prohibits such amortisation on investment property. |
| Hence no amortisation is provided in these accounts in order to give a true and fair view in |
| accordance with the Statement of Standard Accounting Practice. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date. |
| Investment in limited liability partnerships |
| The investment in limited liability partnerships is shown at cost which the Directors believe to be |
| equal to their current market value. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2013 | 275,601 |
| Disposals | (174,999 | ) |
| At 31 March 2014 | 100,602 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| BEAUCHAMP PROPERTIES LTD (REGISTERED NUMBER: 07333776) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary £1 shares | £ |
| 5. | ULTIMATE PARENT COMPANY |
| The ultimate parent company during the year was Taynton Holdings Ltd (a company registered in |
| Malta) by virtue of ownership of the entire issued share capital of the company. |