Abbreviated Company Accounts - NORTHERN ESTATES AND PROPERTIES LIMITED

NORTHERN ESTATES AND PROPERTIES LIMITED - Company Information

03570763 NORTHERN ESTATES AND PROPERTIES LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 03570763 2015-07-01 2016-06-30 03570763 2016-06-30 03570763 2015-06-30 03570763 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 03570763 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 03570763

NORTHERN ESTATES AND PROPERTIES LIMITED

Abbreviated Accounts

30 June 2016

NORTHERN ESTATES AND PROPERTIES LIMITED Registered Number 03570763

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	24,317	24,317
		24,317	24,317
Current assets
Stocks		424,546	413,546
Debtors		1,869	1,512
Cash at bank and in hand		1,669	26,193
		428,084	441,251
Creditors: amounts falling due within one year		(118,363)	(112,413)
Net current assets (liabilities)		309,721	328,838
Total assets less current liabilities		334,038	353,155
Creditors: amounts falling due after more than one year		(190,000)	(223,000)
Total net assets (liabilities)		144,038	130,155
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		143,038	129,155
Shareholders' funds		144,038	130,155

For the year ending 30 June 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 14 February 2017

And signed on their behalf by:
C R Lloyd, Director

NORTHERN ESTATES AND PROPERTIES LIMITED Registered Number 03570763

Notes to the Abbreviated Accounts for the period ended 30 June 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 January 2015.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of rents received for the year and derives from the provision of services falling within the company's ordinary activities.
Turnover is recognised on a rents receivable basis.

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.

2Fixed assets Investments
Cost at 1 July 2015 & at 30 June 2016 - £24,317
Cost at 30 June 2015 - £24,317

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000