Abbreviated Company Accounts - AMADIS PROPERTIES LIMITED

AMADIS PROPERTIES LIMITED - Company Information

02445217 AMADIS PROPERTIES LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 02445217 2015-06-01 2016-05-31 02445217 2016-05-31 02445217 2015-05-31 02445217 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 02445217 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 02445217

AMADIS PROPERTIES LIMITED

Abbreviated Accounts

31 May 2016

AMADIS PROPERTIES LIMITED Registered Number 02445217

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	24,479	24,479
		24,479	24,479
Current assets
Cash at bank and in hand		9,081	4,626
		9,081	4,626
Creditors: amounts falling due within one year		(9,138)	(5,937)
Net current assets (liabilities)		(57)	(1,311)
Total assets less current liabilities		24,422	23,168
Total net assets (liabilities)		24,422	23,168
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		24,420	23,166
Shareholders' funds		24,422	23,168

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 1 March 2017

And signed on their behalf by:
DINAH HOROWITZ, Director

AMADIS PROPERTIES LIMITED Registered Number 02445217

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Investment properties

No amortisation or depreciation is provided in respect of leasehold investment property with over 20 years to expire, in accordance with Statement of Standard Accounting Practice 19: "Accounting for investment properties". This treatment is contrary to the requirements of the Companies Act 1985 to provide for depreciation but is considered necessary to ensure the financial statements give a true and fair view.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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.

2Tangible fixed assets

	£
Cost
At 1 June 2015	24,479
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	24,479
Depreciation
At 1 June 2015	-
Charge for the year	-
On disposals	-
At 31 May 2016	-
Net book values
At 31 May 2016	24,479
At 31 May 2015	24,479

All fixed assets are initially recorded at cost.

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2