Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueProgressive Property Investments Ltd004459452015-12-31233730183152685468634890300300451438451438685468634890685468634890-1903066-3966031992585408656895191205314968107167455113372588534103149325885341031493Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents rent and service charges demanded during the year.
Operating lease agreements
Ground rents payable are recognised as and when the liabilities are incurred.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Fixtures & Fittingson cost0.2000259052710314931559034199301993259052710314931559034199301993Ordinary3001300300Ordinary13003003002016-09-23Mrs M F Listertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureProgressive Property Investments Ltd2015-01-012015-12-31Progressive Property Investments Ltd2014-05-012014-12-31Progressive Property Investments Ltd2014-04-30Progressive Property Investments Ltd2014-12-31Progressive Property Investments Ltd2014-12-31Progressive Property Investments Ltd2015-12-31 2016-09-26
