Abbreviated Company Accounts - PRIMAFIELD LIMITED

PRIMAFIELD LIMITED - Company Information

01877884 PRIMAFIELD LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01877884 2015-04-01 2016-03-31 01877884 2016-03-31 01877884 2015-03-31 01877884 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01877884 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 01877884

PRIMAFIELD LIMITED

Abbreviated Accounts

31 March 2016

PRIMAFIELD LIMITED Registered Number 01877884

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	210,332	210,664
		210,332	210,664
Current assets
Debtors		15,122	11,122
Cash at bank and in hand		14,533	7,657
		29,655	18,779
Creditors: amounts falling due within one year		(11,005)	(11,040)
Net current assets (liabilities)		18,650	7,739
Total assets less current liabilities		228,982	218,403
Total net assets (liabilities)		228,982	218,403
Capital and reserves
Called up share capital	3	1,100	1,100
Revaluation reserve		85,385	85,385
Profit and loss account		142,497	131,918
Shareholders' funds		228,982	218,403

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 21 December 2016

And signed on their behalf by:
R D BISS, Director

PRIMAFIELD LIMITED Registered Number 01877884

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 rent receivable for the year and arises entirely in the UK.

Tangible assets depreciation policy
The freehold property is classified as an investment property and included at valuation. No depreciation is provided.
Equipment is at cost less provision for depreciation at a rate of 25% straight line, calculated to write off the assets over their estimated useful lives.

2Tangible fixed assets

	£
Cost
At 1 April 2015	211,332
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	211,332
Depreciation
At 1 April 2015	668
Charge for the year	332
On disposals	-
At 31 March 2016	1,000
Net book values
At 31 March 2016	210,332
At 31 March 2015	210,664

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

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