Garngaber Properties Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC077655 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2014

for

Garngaber Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G Jackson (as Nominee)

C Jackson (as Nominee)

SECRETARY:

Mr. G.H. Jackson

REGISTERED OFFICE:

1 Alexandra Avenue

Lenzie

Glasgow

G66 5BE

REGISTERED NUMBER:

SC077655 (Scotland)

ACCOUNTANTS:

McLay McAlister & McGibbon LLP

Chartered Accountants

145 St Vincent Street

Glasgow

G2 5JF

FIXED ASSETS

Investment property

2

70,000

70,000

CREDITORS

Amounts falling due within one year

(21,298

)

(21,298

)

NET CURRENT LIABILITIES

(21,298

)

(21,298

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,702

48,702

CAPITAL AND RESERVES

Called up share capital

3

2

2

Revaluation reserve

48,069

48,069

Profit and loss account

631

631

SHAREHOLDERS' FUNDS

48,702

48,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 October 2014 and were signed on its behalf by:

G Jackson (as Nominee) - Director

1.	ACCOUNTING POLICIES

Accounting convention

The Financial Statements have been prepared under the historical cost convention modified to include the

revaluation of investment properties.

Investment properties and depreciation

In accordance with SSAP19, the investment property is valued annually and any surplus on valuation is credited

to an investment property revaluation reserve and accordingly no depreciation has been charged on this property.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 February 2013

and 31 January 2014

70,000

NET BOOK VALUE

At 31 January 2014

70,000

At 31 January 2013

70,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

£

2

Ordinary

£1

2

2