Ewerby Thorpe Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09724660 (England and Wales)

EWERBY THORPE PROPERTIES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

10 AUGUST 2015 TO 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

W G B Howe

Mrs V L Howe

REGISTERED OFFICE:

Ewerby Thorpe Farm

Ewerby Thorpe

Sleaford

Lincolnshire

NG34 9PR

REGISTERED NUMBER:

09724660 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Enterprise Way

Pinchbeck

Spalding

Lincolnshire

PE11 3YR

FIXED ASSETS

Investment property

2

101,428

CURRENT ASSETS

Debtors

117

Cash at bank

650

767

CREDITORS

Amounts falling due within one year

105,932

NET CURRENT LIABILITIES

(105,165

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,737

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(3,837

)

SHAREHOLDERS' FUNDS

(3,737

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 19 October 2016 and were signed on its behalf by:

W G B Howe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents rents received from the company's properties. Revenue is recognised in the period for which the rents

received relate to.

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.

Going concern

The company balance sheet shows net liabilities of £3,737. The directors are aware of the situation and believe that it is

appropriate to prepare the financial statements on a going concern basis as they believe the company will trade profitably

in the future.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

101,428

At 31 March 2016

101,428

NET BOOK VALUE

At 31 March 2016

101,428

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary shares

£1

100

100 Ordinary shares shares of £1 each were allotted and fully paid for cash at par during the period.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial

statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Ewerby Thorpe Properties Limited for the period ended 31 March 2016 which comprise the Profit and Loss Account,

the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Ewerby Thorpe Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ewerby Thorpe Properties Limited and state those matters that we have agreed to state to the Board of Directors of Ewerby Thorpe Properties Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ewerby Thorpe Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ewerby Thorpe Properties Limited. You consider that Ewerby Thorpe Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ewerby Thorpe Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Duncan & Toplis Limited

Enterprise Way

Pinchbeck

Spalding

Lincolnshire

PE11 3YR

19 October 2016