FIRST PROPERTY COMPANY (UK) LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 03561569

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

FIRST PROPERTY COMPANY (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I BELL

REGISTERED OFFICE:

Turnpike House

Dunley

Stourport on Severn

WORCESTERSHIRE

DY13 0UF

REGISTERED NUMBER:

03561569

ACCOUNTANTS:

PHB ACCOUNTANCY SERVICES LTD

KELLAWAY HOUSE

KELLS ROAD

COLEFORD

GLOUCESTERSHIRE

GL16 7AB

FIXED ASSETS

Tangible assets

2

213,369

CURRENT ASSETS

Cash at bank

1,737

4,399

CREDITORS

Amounts falling due within one year

58,705

57,092

NET CURRENT LIABILITIES

(56,968

)

(52,693

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

156,401

160,676

CREDITORS

Amounts falling due after more than one
year

128,520

138,020

NET ASSETS

27,881

22,656

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

27,879

22,654

SHAREHOLDERS' FUNDS

27,881

22,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 February 2017 and were signed by:

I BELL - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

213,369

NET BOOK VALUE

At 31 May 2016

213,369

At 31 May 2015

213,369

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

2

Ordinary shares of £1 each

1

2