Abbreviated Company Accounts - NORWEST PROPERTY INVESTMENT LIMITED

Abbreviated Company Accounts - NORWEST PROPERTY INVESTMENT LIMITED

NORWEST PROPERTY INVESTMENT LIMITED - Company Information

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Registered Number 05035888

NORWEST PROPERTY INVESTMENT LIMITED

Abbreviated Accounts

30 June 2016

NORWEST PROPERTY INVESTMENT LIMITED Registered Number 05035888

Abbreviated Balance Sheet as at 30 June 2016

Notes 30/06/2016 30/07/2015
£ £
Fixed assets
Tangible assets 2 - 119,575
- 119,575
Current assets
Cash at bank and in hand - 10
- 10
Net current assets (liabilities) 0 10
Total assets less current liabilities 0 119,585
Creditors: amounts falling due after more than one year 0 (87,742)
Total net assets (liabilities) 0 31,843
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (1,000) 30,843
Shareholders' funds 0 31,843
  • For the year ending 30 June 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 September 2016

And signed on their behalf by:
Michael Roskell, Director

NORWEST PROPERTY INVESTMENT LIMITED Registered Number 05035888

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced rental income plus profit on sale of properties.

Tangible assets depreciation policy
Depreciation will be provided at the following annual rates in order to write off each asset over its estimated useful life:

Assets Rate
• Furniture plant and equipment 15% on reducing balance
• Freehold property Nil

2Tangible fixed assets
£
Cost
At 31 July 2015 123,549
Additions -
Disposals (119,575)
Revaluations -
Transfers -
At 30 June 2016 3,974
Depreciation
At 31 July 2015 3,974
Charge for the year -
On disposals -
At 30 June 2016 3,974
Net book values
At 30 June 2016 0
At 30 July 2015 119,575