Peter Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07788084 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

PETER PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R R Shah MSc FRICS

SECRETARY:

N Thanki

REGISTERED OFFICE:

9 Mansfield Street

London

W1G 9NY

REGISTERED NUMBER:

07788084 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

9 Mansfield Street

London

W1G 9NY

FIXED ASSETS

Investments

2

807,403

539,487

CURRENT ASSETS

Debtors

3

345,359

224,910

Cash at bank

274,468

54,686

619,827

279,596

CREDITORS

Amounts falling due within one year

67,764

61,164

NET CURRENT ASSETS

552,063

218,432

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,359,466

757,919

CREDITORS

Amounts falling due after more than one
year

1,334,734

828,163

NET ASSETS/(LIABILITIES)

24,732

(70,244

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

24,632

(70,344

)

SHAREHOLDERS' FUNDS

24,732

(70,244

)

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 28 September 2016 and were signed by:

R R Shah MSc FRICS - 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.

FIXED ASSET INVESTMENTS

Investments held as fixed assets are stated at cost less any provisions for impairment. Investments

are reviewed for impairment if events or changes in circumstances indicate that the carrying amount

may not be recoverable. Impairments are calculated such that the carrying value of the fixed asset

investment is the lower of its cost or recoverable amount. Recoverable amount is the higher of its net

realisable value and its value-in-use.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

539,487

Additions

267,916

At 31 December 2015

807,403

NET BOOK VALUE

At 31 December 2015

807,403

At 31 December 2014

539,487

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 345,359 (2014 - £ 224,910 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100