Abbreviated Company Accounts - CHRISTOPHER CHARLES PROPERTIES LIMITED

CHRISTOPHER CHARLES PROPERTIES LIMITED - Company Information

Registered Number 07252756

CHRISTOPHER CHARLES PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

CHRISTOPHER CHARLES PROPERTIES LIMITED Registered Number 07252756

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,371,041	1,375,181
		1,371,041	1,375,181
Current assets
Debtors		929,827	929,827
Cash at bank and in hand		266	10,055
		930,093	939,882
Creditors: amounts falling due within one year		(1,002,486)	(1,033,686)
Net current assets (liabilities)		(72,393)	(93,804)
Total assets less current liabilities		1,298,648	1,281,377
Creditors: amounts falling due after more than one year		(1,336,042)	(1,336,042)
Total net assets (liabilities)		(37,394)	(54,665)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(37,494)	(54,765)
Shareholders' funds		(37,394)	(54,665)

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 4 October 2016

And signed on their behalf by:
A. C. Driscoll, Director

CHRISTOPHER CHARLES PROPERTIES LIMITED Registered Number 07252756

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 value rents receivable.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment & Fixtures 25% reducing balance basis

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Investment property
Investment property is stated in the balance sheet at market value. Changes to the market value are taken to the Statement of Total Recognised Gains and Losses (being a movement in an investment revaluation reserve) unless a deficit (or its reversal) on an individual investment property is expected to be permanent, in which case it is charged (or credited) in the profit and loss account for the period.

Investment property is not subject to periodic charges for depreciation except for leasehold properties where the unexpired term of the lease is less than 20 years, in which case depreciation is charged on a straight line basis over the remaining length of the lease."

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,419,358
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,419,358
Depreciation
At 1 April 2015	44,177
Charge for the year	4,140
On disposals	-
At 31 March 2016	48,317
Net book values
At 31 March 2016	1,371,041
At 31 March 2015	1,375,181