Abbreviated Company Accounts - BAX PROPERTIES LIMITED

BAX PROPERTIES LIMITED - Company Information

05527134 BAX PROPERTIES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05527134 2013-04-01 2014-03-31 05527134 2014-03-31 05527134 2013-03-31 05527134 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05527134 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05527134

BAX PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

BAX PROPERTIES LIMITED Registered Number 05527134

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	347,407	347,407
		347,407	347,407
Current assets
Debtors		-	5,010
Cash at bank and in hand		42,803	23,101
		42,803	28,111
Creditors: amounts falling due within one year	3	(20,941)	(20,486)
Net current assets (liabilities)		21,862	7,625
Total assets less current liabilities		369,269	355,032
Creditors: amounts falling due after more than one year	3	(247,967)	(261,434)
Total net assets (liabilities)		121,302	93,598
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		120,302	92,598
Shareholders' funds		121,302	93,598

For the year ending 31 March 2014 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 18 July 2014

And signed on their behalf by:
JW Bax, Director

BAX PROPERTIES LIMITED Registered Number 05527134

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
Turnover comprises the invoiced value of services supplied by the company, net ofvalue added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost , less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their expected useful lives.

2Tangible fixed assets

	£
Cost
At 1 April 2013	347,407
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	347,407
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	347,407
At 31 March 2013	347,407

3Creditors

	2014 £	2013 £
Secured Debts	260,967	274,434
Instalment debts due after 5 years	160,967	174,434

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000