Eco Property Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04377562 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

ECO PROPERTY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mark Edward Smith

REGISTERED OFFICE:

21-23 Croydon Road

Caterham

Surrey

CR3 6PA

REGISTERED NUMBER:

04377562 (England and Wales)

ACCOUNTANTS:

Upton Neenan Lees

Chartered Accountants

21-23 Croydon Road

Caterham

Surrey

CR3 6PA

FIXED ASSETS

Tangible assets

2

1,221

1,660

CURRENT ASSETS

Debtors

129,150

88,093

Investments

3,727,821

Cash at bank

392,006

-

4,248,977

3,815,914

CREDITORS

Amounts falling due within one year

(4,109,015

)

(3,716,127

)

NET CURRENT ASSETS

139,962

99,787

TOTAL ASSETS LESS CURRENT
LIABILITIES

141,183

101,447

PROVISIONS FOR LIABILITIES

(211

)

(211

)

NET ASSETS

140,972

101,236

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

140,872

101,136

SHAREHOLDERS' FUNDS

140,972

101,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 5 September 2016 and were signed by:

Mark Edward Smith - 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 goods, 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 cost

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

At 1 January 2015

18,818

Additions

520

At 31 December 2015

19,338

DEPRECIATION

At 1 January 2015

17,158

Charge for year

959

At 31 December 2015

18,117

NET BOOK VALUE

At 31 December 2015

1,221

At 31 December 2014

1,660

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100