Abbreviated Company Accounts - ADMIRAL REAL ESTATES LIMITED

ADMIRAL REAL ESTATES LIMITED - Company Information

Registered Number 09712642

ADMIRAL REAL ESTATES LIMITED

Abbreviated Accounts

31 July 2016

ADMIRAL REAL ESTATES LIMITED Registered Number 09712642

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	386,234
		386,234
Current assets
Cash at bank and in hand		1,250
		1,250
Creditors: amounts falling due within one year	3	(132,315)
Net current assets (liabilities)		(131,065)
Total assets less current liabilities		255,169
Creditors: amounts falling due after more than one year	3	(261,646)
Total net assets (liabilities)		(6,477)
Capital and reserves
Called up share capital		2
Profit and loss account		(6,479)
Shareholders' funds		(6,477)

For the year ending 31 July 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 18 April 2017

And signed on their behalf by:
R Shah, Director

ADMIRAL REAL ESTATES LIMITED Registered Number 09712642

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
he 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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures, Fittings equipment 25% reducing balance basis

No depreciation is provided for freehold property as the directors consider the value to be fairly
reflected at the amount shown.

2Tangible fixed assets

	£
Cost
Additions	386,384
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	386,384
Depreciation
Charge for the year	150
On disposals	-
At 31 July 2016	150
Net book values
At 31 July 2016	386,234

3Creditors

	2016 £
Secured Debts	261,646
Instalment debts due after 5 years	261,646