Abbreviated Company Accounts - PREVIEW INVESTMENTS LIMITED

Abbreviated Company Accounts - PREVIEW INVESTMENTS LIMITED

PREVIEW INVESTMENTS LIMITED - Company Information

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Registered Number 02583019

PREVIEW INVESTMENTS LIMITED

Abbreviated Accounts

28 February 2016

PREVIEW INVESTMENTS LIMITED Registered Number 02583019

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 335,330 335,330
335,330 335,330
Current assets
Debtors 7,697 7,646
Cash at bank and in hand 2,134 -
9,831 7,646
Creditors: amounts falling due within one year 3 (104,076) (105,981)
Net current assets (liabilities) (94,245) (98,335)
Total assets less current liabilities 241,085 236,995
Creditors: amounts falling due after more than one year 3 (273,610) (273,637)
Total net assets (liabilities) (32,525) (36,642)
Capital and reserves
Called up share capital 100 100
Profit and loss account (32,625) (36,742)
Shareholders' funds (32,525) (36,642)
  • For the year ending 28 February 2016 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 28 November 2016

And signed on their behalf by:
Mrs V Hall, Director

PREVIEW INVESTMENTS LIMITED Registered Number 02583019

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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 represents net invoiced sales of goods and services , excluding VAT.

Tangible assets depreciation policy
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value
over their estimated useful lives as follows:-

Freehold Property 0%

2Tangible fixed assets
£
Cost
At 1 March 2015 335,330
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 335,330
Depreciation
At 1 March 2015 0
Charge for the year -
On disposals -
At 28 February 2016 0
Net book values
At 28 February 2016 335,330
At 28 February 2015 335,330

No fixed assets are subject to finance leases or hire purchase contracts

3Creditors
2016
£		 2015
£
Instalment debts due after 5 years 273,610 273,637