Abbreviated Company Accounts - DRAYTON PROPERTIES LIMITED

DRAYTON PROPERTIES LIMITED - Company Information

03906294 DRAYTON PROPERTIES LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 03906294 2015-07-01 2016-06-30 03906294 2016-06-30 03906294 2015-06-30 03906294 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 03906294 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 03906294

DRAYTON PROPERTIES LIMITED

Abbreviated Accounts

30 June 2016

DRAYTON PROPERTIES LIMITED Registered Number 03906294

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	101,333	101,777
		101,333	101,777
Current assets
Cash at bank and in hand		2,538	9,226
		2,538	9,226
Creditors: amounts falling due within one year		(6,290)	(9,197)
Net current assets (liabilities)		(3,752)	29
Total assets less current liabilities		97,581	101,806
Creditors: amounts falling due after more than one year		(92,197)	(97,693)
Total net assets (liabilities)		5,384	4,113
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		5,383	4,112
Shareholders' funds		5,384	4,113

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 31 March 2017

And signed on their behalf by:
S RATTAN, Director

DRAYTON PROPERTIES LIMITED Registered Number 03906294

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 April 2008.

Turnover policy
The company`s turnover represents the value of goods and services supplied to customers during the year.

Tangible assets depreciation policy
Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives using the following rates:

Freehold buildings - -% per annum of cost

Plant and machinery - 25% annum of NBV

Fixtures and fittings - 25% annum of NBV

Other accounting policies
Deferred Taxation

Deferred taxation is accounted for in accordance with the requirements of the FRSSE.

2Tangible fixed assets

	£
Cost
At 1 July 2015	108,869
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	108,869
Depreciation
At 1 July 2015	7,092
Charge for the year	444
On disposals	-
At 30 June 2016	7,536
Net book values
At 30 June 2016	101,333
At 30 June 2015	101,777

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

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