Abbreviated Company Accounts - PATRICIA INVESTMENTS LTD

Abbreviated Company Accounts - PATRICIA INVESTMENTS LTD

PATRICIA INVESTMENTS LTD - Company Information

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Registered Number 07114338

PATRICIA INVESTMENTS LTD

Abbreviated Accounts

31 December 2015

PATRICIA INVESTMENTS LTD Registered Number 07114338

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,294,594 1,377,906
1,294,594 1,377,906
Current assets
Cash at bank and in hand 60,378 8,602
60,378 8,602
Creditors: amounts falling due within one year (1,033) (10,244)
Net current assets (liabilities) 59,345 (1,642)
Total assets less current liabilities 1,353,939 1,376,264
Creditors: amounts falling due after more than one year (232,744) (239,060)
Total net assets (liabilities) 1,121,195 1,137,204
Capital and reserves
Called up share capital 981 981
Share premium account 1,123,070 1,114,266
Profit and loss account (2,856) 21,957
Shareholders' funds 1,121,195 1,137,204
  • For the year ending 31 December 2015 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 28 September 2016

And signed on their behalf by:
Blair Howes, Director

PATRICIA INVESTMENTS LTD Registered Number 07114338

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 sales of services, excluding value added tax.

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

Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
Office Equipment 25% on cost

2Tangible fixed assets
£
Cost
At 1 January 2015 1,377,906
Additions 35,688
Disposals (119,000)
Revaluations -
Transfers -
At 31 December 2015 1,294,594
Depreciation
At 1 January 2015 -
Charge for the year -
On disposals -
At 31 December 2015 -
Net book values
At 31 December 2015 1,294,594
At 31 December 2014 1,377,906