Quay Industrial Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00216708 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Quay Industrial Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs M Kitchener

P R Strevens

M J Strevens

SECRETARY:

P R Strevens

REGISTERED OFFICE:

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

REGISTERED NUMBER:

00216708 (England and Wales)

ACCOUNTANTS:

Haines Watts Kent LLP

Roper Yard

Roper Road

Canterbury

Kent

CT2 7EX

FIXED ASSETS

Tangible assets

2

406

542

Investment property

3

76,941

77,347

77,483

CURRENT ASSETS

Debtors

1

Cash at bank and in hand

59,779

62,369

59,780

62,370

CREDITORS

Amounts falling due within one year

10,189

9,928

NET CURRENT ASSETS

49,591

52,442

TOTAL ASSETS LESS CURRENT
LIABILITIES

126,938

129,925

CAPITAL AND RESERVES

Called up share capital

4

5,000

Revaluation reserve

1,609

Profit and loss account

120,329

123,316

SHAREHOLDERS' FUNDS

126,938

129,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 30 August 2016 and were signed on its
behalf by:

P R Strevens - 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.

Computer equipment

-

25% on reducing balance

Going concern

The financial statements have been prepared on a going concern basis. No material uncertainties

which may cast significant doubt about the ability of the company to continue as a going concern

have been identified by the directors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,924

DEPRECIATION

At 1 April 2015

1,382

Charge for year

136

At 31 March 2016

1,518

NET BOOK VALUE

At 31 March 2016

406

At 31 March 2015

542

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2015

and 31 March 2016

76,941

NET BOOK VALUE

At 31 March 2016

76,941

At 31 March 2015

76,941

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

5,000

Ordinary

1

5,000