Preston City Properties Limited - Abbreviated accounts 16.1
Preston City Properties Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30th April 2016 |
| for |
| Preston City Properties Limited |
| Preston City Properties Limited (Registered number: 05844929) |
| Contents of the Abbreviated Accounts |
| for the year ended 30th April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Preston City Properties Limited |
| Company Information |
| for the year ended 30th April 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Preston City Properties Limited (Registered number: 05844929) |
| Abbreviated Balance Sheet |
| 30th April 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Preston City Properties Limited (Registered number: 05844929) |
| Abbreviated Balance Sheet - continued |
| 30th April 2016 |
| The financial statements were approved by the Board of Directors on behalf by: |
| Preston City Properties Limited (Registered number: 05844929) |
| Notes to the Abbreviated Accounts |
| for the year ended 30th April 2016 |
| 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 net invoiced sales, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| 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. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2015 |
| Additions |
| At 30th April 2016 |
| DEPRECIATION |
| At 1st May 2015 |
| Charge for year |
| At 30th April 2016 |
| NET BOOK VALUE |
| At 30th April 2016 |
| At 30th April 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| The following was a subsidiary undertaking of the company: |
| Preston City Property Services Limited - holding 100% of issued share capital (purchased 5th April 2016). |
| At the end of its latest financial year Preston City Property Services Limited had aggregate capital and reserves |
| of £16,356. |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| Preston City Properties Limited (Registered number: 05844929) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30th April 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |