Abbreviated Company Accounts - PPM PROPERTY MANAGEMENT LIMITED

PPM PROPERTY MANAGEMENT LIMITED - Company Information

Registered Number 07182429

PPM PROPERTY MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2013

PPM PROPERTY MANAGEMENT LIMITED Registered Number 07182429

Abbreviated Balance Sheet as at 31 December 2013

	Notes	31/12/2013	30/06/2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	5,696	6,764
		5,696	6,764
Current assets
Debtors		13,336	17,119
Cash at bank and in hand		1,690	886
		15,026	18,005
Creditors: amounts falling due within one year		(14,332)	(23,834)
Net current assets (liabilities)		694	(5,829)
Total assets less current liabilities		6,390	935
Creditors: amounts falling due after more than one year		(6,168)	-
Total net assets (liabilities)		222	935
Capital and reserves
Called up share capital		1	1
Profit and loss account		221	934
Shareholders' funds		222	935

For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
Elizabeth Francis, Director

PPM PROPERTY MANAGEMENT LIMITED Registered Number 07182429

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
The turnover shown in the profit and loss account represents amounts invoiced during the
period, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Equipment - 25% Reducing Balance

Valuation information and policy
All fixed assets are initially recorded at cost.

2Tangible fixed assets

	£
Cost
At 1 July 2012	8,989
Additions	132
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	9,121
Depreciation
At 1 July 2012	2,225
Charge for the year	1,200
On disposals	-
At 31 December 2013	3,425
Net book values
At 31 December 2013	5,696
At 30 June 2012	6,764