Abbreviated Company Accounts - IDEAL PARTNERSHIP LTD

Abbreviated Company Accounts - IDEAL PARTNERSHIP LTD


Registered Number 08859613

IDEAL PARTNERSHIP LTD

Abbreviated Accounts

29 January 2016

IDEAL PARTNERSHIP LTD Registered Number 08859613

Abbreviated Balance Sheet as at 29 January 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 363,477 254,053
363,477 254,053
Current assets
Debtors 15,299 216
Cash at bank and in hand 158 23,294
15,457 23,510
Creditors: amounts falling due within one year (382,778) (283,971)
Net current assets (liabilities) (367,321) (260,461)
Total assets less current liabilities (3,844) (6,408)
Total net assets (liabilities) (3,844) (6,408)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account (3,845) (6,409)
Shareholders' funds (3,844) (6,408)
  • For the year ending 29 January 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 24 January 2017

And signed on their behalf by:
Asher Brecher, Director

IDEAL PARTNERSHIP LTD Registered Number 08859613

Notes to the Abbreviated Accounts for the period ended 29 January 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.

2Fixed assets Investments
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1