Charville Estates Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01567152 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

CHARVILLE ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R C Pulford FRICS

D J Pulford FRICS

Mrs A Pulford

Mrs M N L Pulford

SECRETARY:

R C Pulford FRICS

REGISTERED OFFICE:

911 Green Lanes

London

N21 2QP

REGISTERED NUMBER:

01567152 (England and Wales)

ACCOUNTANTS:

Graeme Bruce & Partners

Chartered Accountants

911 Green Lanes

London

N21 2QP

FIXED ASSETS

Investment property

2

6,250,000

6,250,000

CURRENT ASSETS

Stocks

1

1

Debtors

4,462,452

4,365,272

Cash at bank and in hand

112,244

229,141

4,574,697

4,594,414

CREDITORS

Amounts falling due within one year

3,946,777

3,567,895

NET CURRENT ASSETS

627,920

1,026,519

TOTAL ASSETS LESS CURRENT LIABILITIES

6,877,920

7,276,519

CREDITORS

Amounts falling due after more than one year

3

11,936,352

12,426,352

NET LIABILITIES

(5,058,432

)

(5,149,833

)

CAPITAL AND RESERVES

Called up share capital

4

150

150

Revaluation reserve

17,289

17,289

Profit and loss account

(5,075,871

)

(5,167,272

)

SHAREHOLDERS' FUNDS

(5,058,432

)

(5,149,833

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 September 2014 and were signed on its behalf by:

R C Pulford FRICS - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2013

and 31 December 2013

6,250,000

NET BOOK VALUE

At 31 December 2013

6,250,000

At 31 December 2012

6,250,000

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.12.13

31.12.12

£

£

Repayable by instalments

3,406,352

3,906,352

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

150

Ordinary

£1

150

150