Abbreviated Company Accounts - WATERFORD PROPERTY INVESTMENTS LIMITED

WATERFORD PROPERTY INVESTMENTS LIMITED - Company Information

03219169 WATERFORD PROPERTY INVESTMENTS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03219169 2015-04-01 2016-03-31 03219169 2016-03-31 03219169 2015-03-31 03219169 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03219169 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 03219169

WATERFORD PROPERTY INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2016

WATERFORD PROPERTY INVESTMENTS LIMITED Registered Number 03219169

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,591	4,082
Investments	3	20,141	-
		21,732	4,082
Current assets
Debtors		472,807	510,961
Cash at bank and in hand		194,120	213,550
		666,927	724,511
Creditors: amounts falling due within one year		(111,675)	(134,808)
Net current assets (liabilities)		555,252	589,703
Total assets less current liabilities		576,984	593,785
Creditors: amounts falling due after more than one year		(474,194)	(519,003)
Total net assets (liabilities)		102,790	74,782
Capital and reserves
Called up share capital	4	60,000	60,000
Share premium account		99,000	99,000
Profit and loss account		(56,210)	(84,218)
Shareholders' funds		102,790	74,782

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 15 December 2016

And signed on their behalf by:
PHILIP MOROSS, Director

WATERFORD PROPERTY INVESTMENTS LIMITED Registered Number 03219169

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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 the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
(Fixtures & Fittings - 33.3% straight line)
(Computer Equipment - 33.3% straight line)

2Tangible fixed assets

	£
Cost
At 1 April 2015	9,744
Additions	292
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	10,036
Depreciation
At 1 April 2015	5,662
Charge for the year	2,783
On disposals	-
At 31 March 2016	8,445
Net book values
At 31 March 2016	1,591
At 31 March 2015	4,082

3Fixed assets Investments
Investments in companies and equity instruments that do not have a quoted market price in an active market and whose fair value cannot be reliably measured are stated at cost, subject to review for impairment.

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

	2016 £	2015 £
60,000 Ordinary shares of £1 each	60,000	60,000