Abbreviated Company Accounts - EXCEL PROPERTIES (LONDON) LTD

EXCEL PROPERTIES (LONDON) LTD - Company Information

04633030 EXCEL PROPERTIES (LONDON) LTD 2016-03-31 false 2015-04-01 2016-03-31 true 04633030 2015-04-01 2016-03-31 04633030 2016-03-31 04633030 2015-03-31 04633030 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04633030 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04633030

EXCEL PROPERTIES (LONDON) LTD

Abbreviated Accounts

31 March 2016

EXCEL PROPERTIES (LONDON) LTD Registered Number 04633030

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,079,452	1,079,623
		1,079,452	1,079,623
Current assets
Cash at bank and in hand		22,944	21,399
		22,944	21,399
Creditors: amounts falling due within one year		(65,812)	(63,167)
Net current assets (liabilities)		(42,868)	(41,768)
Total assets less current liabilities		1,036,584	1,037,855
Creditors: amounts falling due after more than one year		(815,820)	(871,165)
Total net assets (liabilities)		220,764	166,690
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		220,664	166,590
Shareholders' funds		220,764	166,690

For the year ending 31 March 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 1 December 2016

And signed on their behalf by:
HUSEYIN HALIL ZUHTU, Director

EXCEL PROPERTIES (LONDON) LTD Registered Number 04633030

Notes to the Abbreviated Accounts for the period ended 31 March 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 the total invoice value, excluding value added tax, of sales made during the year and derives from he provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
FFE: 10% reducing balance
Land and building: N/A

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,084,661
Additions	883
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,085,544
Depreciation
At 1 April 2015	5,038
Charge for the year	1,054
On disposals	-
At 31 March 2016	6,092
Net book values
At 31 March 2016	1,079,452
At 31 March 2015	1,079,623

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

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