Abbreviated Company Accounts - SUSSEX PROPERTY INVESTMENTS LIMITED

SUSSEX PROPERTY INVESTMENTS LIMITED - Company Information

07586975 SUSSEX PROPERTY INVESTMENTS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07586975 2013-04-01 2014-03-31 07586975 2014-03-31 07586975 2013-03-31 07586975 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07586975 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07586975

SUSSEX PROPERTY INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

SUSSEX PROPERTY INVESTMENTS LIMITED Registered Number 07586975

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,525	476
Investments	3	447,194	338,949
		448,719	339,425
Current assets
Debtors		1,634	-
Cash at bank and in hand		5,411	1,819
		7,045	1,819
Creditors: amounts falling due within one year		(400,435)	(320,260)
Net current assets (liabilities)		(393,390)	(318,441)
Total assets less current liabilities		55,329	20,984
Total net assets (liabilities)		55,329	20,984
Capital and reserves
Called up share capital	4	606	606
Profit and loss account		54,723	20,378
Shareholders' funds		55,329	20,984

For the year ending 31 March 2014 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 23 September 2014

And signed on their behalf by:
J. EAGER, Director

SUSSEX PROPERTY INVESTMENTS LIMITED Registered Number 07586975

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% on Reducing Balance
Equipment - 25% on Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	635
Additions	1,769
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,404
Depreciation
At 1 April 2013	159
Charge for the year	720
On disposals	-
At 31 March 2014	879
Net book values
At 31 March 2014	1,525
At 31 March 2013	476

3Fixed assets Investments
The Investment properties have been valued by the Director of the company as at the balance
sheet date having regard to the prevalent market conditions in the area.

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

	2014 £	2013 £
606 Ordinary shares of £1 each	606	606