Abbreviated Company Accounts - NEELD PARADE LIMITED

NEELD PARADE LIMITED - Company Information

06518964 NEELD PARADE LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 06518964 2015-03-01 2016-02-29 06518964 2016-02-29 06518964 2015-02-28 06518964 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 06518964 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 06518964

NEELD PARADE LIMITED

Abbreviated Accounts

29 February 2016

NEELD PARADE LIMITED Registered Number 06518964

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	627,237	627,237
		627,237	627,237
Current assets
Cash at bank and in hand		835	625
		835	625
Creditors: amounts falling due within one year		(388,153)	(369,610)
Net current assets (liabilities)		(387,318)	(368,985)
Total assets less current liabilities		239,919	258,252
Creditors: amounts falling due after more than one year		(184,199)	(219,823)
Total net assets (liabilities)		55,720	38,429
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		55,620	38,329
Shareholders' funds		55,720	38,429

For the year ending 29 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 30 November 2016

And signed on their behalf by:
PATKUNARAJAH SIVARUPAN, Director

NEELD PARADE LIMITED Registered Number 06518964

Notes to the Abbreviated Accounts for the period ended 29 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
The company`s turnover represents the value of goods and services supplied to customers during the year.

Other accounting policies
Deferred Taxation

Deferred taxation is accounted for in accordance with the requirements of the FRSSE.

Investment properties

In accordance with standard accounting practice, investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties and leasehold investment properties with over 20 years to run.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the directors believe that the policy of not providing depreciation is necessary in order to give a true and fair view, since the current value of investment properties, and changes to that current value, are of prime importance rather than a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation, and the amount which might otherwise have been included cannot be separately identified or quantified.

2Tangible fixed assets

	£
Cost
At 1 March 2015	627,237
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	627,237
Depreciation
At 1 March 2015	-
Charge for the year	-
On disposals	-
At 29 February 2016	-
Net book values
At 29 February 2016	627,237
At 28 February 2015	627,237

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100