| Tamora Properties Limited |
| Registered number: |
06920917 |
| Abbreviated Balance Sheet |
| as at 30 November 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
326,243 |
|
|
326,243 |
|
| Current assets |
| Debtors |
|
|
4,162 |
|
|
21,007 |
| Cash at bank and in hand |
|
|
594 |
|
|
- |
|
|
|
4,756 |
|
|
21,007 |
|
| Creditors: amounts falling due within one year |
|
|
(15,878) |
|
|
(14,666) |
|
| Net current (liabilities)/assets |
|
|
|
(11,122) |
|
|
6,341 |
|
| Total assets less current liabilities |
|
|
|
315,121 |
|
|
332,584 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(315,068) |
|
|
(328,495) |
|
|
|
| Net assets |
|
|
|
53 |
|
|
4,089 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
51 |
|
|
4,087 |
|
| Shareholder's funds |
|
|
|
53 |
|
|
4,089 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| B Singh |
| Director |
| Approved by the board on 29 September 2014 |
|
| Tamora Properties Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value of rent receivable from tenants. |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Investment properties |
|
Investment properties are included in the balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities and are not depreciated. This treatment is contrary to the Companies Act 2006, which states that fixed assets should be depreciated , but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Investment properties |
|
Cost |
|
At 1 December 2012 |
326,243 |
|
At 30 November 2013 |
326,243 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 November 2013 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
326,243 |
|
At 30 November 2012 |
326,243 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2013 |
|
2012 |
| £ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
263,636 |
|
279,275 |
|
Secured bank loans |
327,926 |
|
340,800 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
B Singh (appointed 18 June 2013) |
|
Interest bearing directors loan |
- |
|
21,167 |
|
(17,374) |
|
3,793 |
