Abbreviated Company Accounts - F & R PROPERTY DEVELOPMENTS LIMITED

F & R PROPERTY DEVELOPMENTS LIMITED - Company Information

06399040 F & R PROPERTY DEVELOPMENTS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06399040 2015-04-01 2016-03-31 06399040 2016-03-31 06399040 2015-03-31 06399040 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06399040 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 06399040

F & R PROPERTY DEVELOPMENTS LIMITED

Abbreviated Accounts

31 March 2016

F & R PROPERTY DEVELOPMENTS LIMITED Registered Number 06399040

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	405,000	537,000
		405,000	537,000
Current assets
Cash at bank and in hand		122	507
		122	507
Creditors: amounts falling due within one year	3	(395,654)	(501,233)
Net current assets (liabilities)		(395,532)	(500,726)
Total assets less current liabilities		9,468	36,274
Total net assets (liabilities)		9,468	36,274
Capital and reserves
Called up share capital	4	4	4
Revaluation reserve		64,448	86,503
Profit and loss account		(54,984)	(50,233)
Shareholders' funds		9,468	36,274

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 20 December 2016

And signed on their behalf by:
I.M.Fixter, Director

F & R PROPERTY DEVELOPMENTS LIMITED Registered Number 06399040

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 net amount of invoices to customers less credit notes ,including VAT

Tangible assets depreciation policy
Depreciation is provided for on tangible fixed assets in use at rates calculated to write off the cost of each asset over it's expected useful life as follows:
Fixtures, Fittings and Equipment 10% Reducing Balance

No depreciation is charged on freehold property as its value in the opinion of the directors is in excess of that shown in the balance sheet

Other accounting policies
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in Market value is transferred to a revaluation reserve

2Tangible fixed assets

	£
Cost
At 1 April 2015	537,000
Additions	-
Disposals	(132,000)
Revaluations	-
Transfers	-
At 31 March 2016	405,000
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	405,000
At 31 March 2015	537,000

3Creditors

	2016 £	2015 £
Secured Debts	358,824	443,608

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

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4