Ince Property Lettings Limited - Period Ending 2016-06-30

Registration number: 08091579

Ince Property Lettings Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016
 

Stubbs Parkin
Chartered Accountants
55 Hoghton Street
Southport
Merseyside
PR9 0PG

Ince Property Lettings Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Ince Property Lettings Limited
(Registration number: 08091579)
Abbreviated Balance Sheet at 30 June 2016

		Note			2016 £						2015 £
	£			£			£			£
Fixed assets
Tangible fixed assets								541						635
Current assets
Cash at bank and in hand					4,322						2,174
Creditors: Amounts falling due within one year					(10,890)						(12,400)
Net current liabilities								(6,568)						(10,226)
Net liabilities								(6,027)						(9,591)
Capital and reserves
Called up share capital		3			1						1
Profit and loss account					(6,028)						(9,592)
Shareholders' deficit								(6,027)						(9,591)

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 director acknowledges his 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 director on 29 March 2017

.........................................
Mr FJ Moran
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Ince Property Lettings Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

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

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	15% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2015		861			861
At 30 June 2016		861			861
Depreciation
At 1 July 2015		226			226
Charge for the year		94			94
At 30 June 2016		320			320
Net book value
At 30 June 2016		541			541
At 30 June 2015		635			635

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

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