Abbreviated Company Accounts - ENVIRO PROPERTIES LIMITED

ENVIRO PROPERTIES LIMITED - Company Information

NI053556 ENVIRO PROPERTIES LIMITED 2014-01-31 false 2013-02-01 2014-01-31 true NI053556 2013-02-01 2014-01-31 NI053556 2014-01-31 NI053556 2013-01-31 NI053556 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 NI053556 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:Director3 2013-02-01 2014-01-31 uk-gaap-cd-bus:Director3 2014-01-31 uk-gaap-cd-bus:Director3 2013-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number NI053556

ENVIRO PROPERTIES LIMITED

Abbreviated Accounts

31 January 2014

ENVIRO PROPERTIES LIMITED Registered Number NI053556

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		260,000	375,355
Debtors		4,404	9,254
		264,404	384,609
Creditors: amounts falling due within one year	2	(432,912)	(430,280)
Net current assets (liabilities)		(168,508)	(45,671)
Total assets less current liabilities		(168,508)	(45,671)
Total net assets (liabilities)		(168,508)	(45,671)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(168,510)	(45,673)
Shareholders' funds		(168,508)	(45,671)

For the year ending 31 January 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 27 October 2014

And signed on their behalf by:
Stephen Hollinger, Director

ENVIRO PROPERTIES LIMITED Registered Number NI053556

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Turnover policy
Turnover represents the total invoice value, including value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Valuation information and policy
Stock- Properties held for Resale.
Properties held for resale are valued at the lower of cost and net realisable value.

Net realisable value is the amount at which goods can be expected to be realised after all further costs to completion and sale.

The director estimates the net realisable values are £210,000, for Corry Street and £50,000 for the land at Milecross Road. These values are lower than cost.

Other accounting policies
Going Concern

The accounts have not been prepared on a going concern basis. The company was dependant on the continued support of the bank for its loans, however the bank have called in their loans.

2Creditors

	2014 £	2013 £
Secured Debts	0	426,670

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	Stephen Hollinger
Description of the transaction:	Interest Free Loan
Balance at 1 February 2013:	£ 5,291
Advances or credits made:	-
Advances or credits repaid:	£ 4,850
Balance at 31 January 2014:	£ 441

The overdrawn current account was cleared on 27 October 2014