Abbreviated Company Accounts - CHURCHWARD PROPERTIES LIMITED

CHURCHWARD PROPERTIES LIMITED - Company Information

04977416 CHURCHWARD PROPERTIES LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 04977416 2015-07-01 2016-06-30 04977416 2016-06-30 04977416 2015-06-30 04977416 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 04977416 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 04977416

CHURCHWARD PROPERTIES LIMITED

Abbreviated Accounts

30 June 2016

CHURCHWARD PROPERTIES LIMITED Registered Number 04977416

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	551,918	552,408
		551,918	552,408
Current assets
Debtors		66,591	49,151
Cash at bank and in hand		638	-
		67,229	49,151
Creditors: amounts falling due within one year	3	(24,052)	(4,100)
Net current assets (liabilities)		43,177	45,051
Total assets less current liabilities		595,095	597,459
Creditors: amounts falling due after more than one year	3	(417,023)	(419,974)
Total net assets (liabilities)		178,072	177,485
Capital and reserves
Called up share capital	4	100,001	100,001
Revaluation reserve		284,103	284,103
Profit and loss account		(206,032)	(206,619)
Shareholders' funds		178,072	177,485

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 30 March 2017

And signed on their behalf by:
N W Churchward, Director

CHURCHWARD PROPERTIES LIMITED Registered Number 04977416

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are 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 (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freeholdare stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold 2% on cost
Plant and machinery 15% on net book value
Motor vehicles 25% on net book value

2Tangible fixed assets

	£
Cost
At 1 July 2015	562,830
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	562,830
Depreciation
At 1 July 2015	10,422
Charge for the year	490
On disposals	-
At 30 June 2016	10,912
Net book values
At 30 June 2016	551,918
At 30 June 2015	552,408

3Creditors

	2016 £	2015 £
Secured Debts	417,023	419,974

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100,001 Ordinary shares of £1 each	100,001	100,001