Abbreviated Company Accounts - ST. DAVIDS PROPERTY COMPANY LIMITED

ST. DAVIDS PROPERTY COMPANY LIMITED - Company Information

02718239 ST. DAVIDS PROPERTY COMPANY LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 02718239 2015-06-01 2016-05-31 02718239 2016-05-31 02718239 2015-05-31 02718239 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 02718239 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 02718239

ST. DAVIDS PROPERTY COMPANY LIMITED

Abbreviated Accounts

31 May 2016

ST. DAVIDS PROPERTY COMPANY LIMITED Registered Number 02718239

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		186	215
Cash at bank and in hand		1,822	536
		2,008	751
Creditors: amounts falling due within one year		(180)	(174)
Net current assets (liabilities)		1,828	577
Total assets less current liabilities		1,828	577
Total net assets (liabilities)		1,828	577
Capital and reserves
Called up share capital	2	120	120
Profit and loss account		1,708	457
Shareholders' funds		1,828	577

For the year ending 31 May 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 9 February 2017

And signed on their behalf by:
M F Waller, Director

ST. DAVIDS PROPERTY COMPANY LIMITED Registered Number 02718239

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Going concern:
The financial statements have been prepared on a going concern basis.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Other accounting policies
Financial instruments:
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
120 Ordinary shares of £1 each	120	120