Netheredge Properties Limited - Limited company - abbreviated

REGISTERED NUMBER: 08002854 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st August 2014

for

Netheredge Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M A Crossley

Ms J Couchman

Mrs J A Crossley

REGISTERED OFFICE:

12 Delamere Gardens

Huddersfield

HD2 2AW

REGISTERED NUMBER:

08002854 (England and Wales)

FIXED ASSETS

Investment property

2

628,395

CURRENT ASSETS

Debtors

1,623

80

Cash at bank

46,325

19,474

47,948

19,554

CREDITORS

Amounts falling due within one year

6,365

590

NET CURRENT ASSETS

41,583

18,964

TOTAL ASSETS LESS CURRENT
LIABILITIES

669,978

647,359

CREDITORS

Amounts falling due after more than one
year

644,997

NET ASSETS

24,981

2,362

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

24,978

2,359

SHAREHOLDERS' FUNDS

24,981

2,362

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2014.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st August 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the Company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20th October 2014 and were signed on its behalf
by:

M A Crossley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents gross rental income receivable in the period.

Investment property

Investment properties are included at their current open market value.

Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

It is the company's policy to fully maintain investment properties to a level where there is no reduction in their

value. As a result any depreciation provided would only result in an equal transfer being made from to the

revaluation reserve to increase the value of the investment properties to the open market value. Depreciation is

therefore not provided.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st September 2013

and 31st August 2014

628,395

NET BOOK VALUE

At 31st August 2014

628,395

At 31st August 2013

628,395

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

3

Ordinary

£1

3

Netheredge Properties Limited - Limited company - abbreviated - 11.6

Netheredge Properties Limited - Limited company - abbreviated - 11.6