Abbreviated Company Accounts - GILLSBROOK PROPERTIES LIMITED

GILLSBROOK PROPERTIES LIMITED - Company Information

Registered Number 05931434

GILLSBROOK PROPERTIES LIMITED

Abbreviated Accounts

31 December 2015

GILLSBROOK PROPERTIES LIMITED Registered Number 05931434

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	767,000	1,285,355
Investments		-	-
		767,000	1,285,355
Current assets
Stocks		-	-
Debtors		75,000	2,282
Cash at bank and in hand		9,339	331
		84,339	2,613
Creditors: amounts falling due within one year		-	(9,304)
Net current assets (liabilities)		84,339	(6,691)
Total assets less current liabilities		851,339	1,278,664
Creditors: amounts falling due after more than one year		(269,000)	(723,440)
Provisions for liabilities		-	0
Accruals and deferred income		-	0
Total net assets (liabilities)		582,339	555,224
Capital and reserves
Called up share capital		210	210
Share premium account		474,624	474,624
Revaluation reserve		153,170	92,166
Profit and loss account		(45,665)	(11,776)
Shareholders' funds		582,339	555,224

For the year ending 31 December 2015 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 August 2016

And signed on their behalf by:
R Gillingham, Director

GILLSBROOK PROPERTIES LIMITED Registered Number 05931434

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,285,355
Additions	-
Disposals	(579,359)
Revaluations	61,004
Transfers	-
At 31 December 2015	767,000
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	767,000
At 31 December 2014	1,285,355