Abbreviated Company Accounts - DELTAFIELD PROPERTY SERVICES LIMITED

DELTAFIELD PROPERTY SERVICES LIMITED - Company Information

03738201 DELTAFIELD PROPERTY SERVICES LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 03738201 2015-09-01 2016-08-31 03738201 2016-08-31 03738201 2015-08-31 03738201 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 03738201 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 iso4217:GBP shares

Registered Number 03738201

DELTAFIELD PROPERTY SERVICES LIMITED

Abbreviated Accounts

31 August 2016

DELTAFIELD PROPERTY SERVICES LIMITED Registered Number 03738201

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	80,804	81,089
		80,804	81,089
Current assets
Debtors		1,115	-
Cash at bank and in hand		29,299	26,023
		30,414	26,023
Creditors: amounts falling due within one year		(19,156)	(15,908)
Net current assets (liabilities)		11,258	10,115
Total assets less current liabilities		92,062	91,204
Creditors: amounts falling due after more than one year		(90,310)	(90,310)
Total net assets (liabilities)		1,752	894
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,652	794
Shareholders' funds		1,752	894

For the year ending 31 August 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 25 April 2017

And signed on their behalf by:
P.j. Britton, Director

DELTAFIELD PROPERTY SERVICES LIMITED Registered Number 03738201

Notes to the Abbreviated Accounts for the period ended 31 August 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 income is derived from rental income and excludes value added tax.

Tangible assets depreciation policy
Furniture: Depreciation has been provided at 10% of cost price. Leasehold Property: no depreciation has been provided on leasehold property which is shown in the Accounts at cost..

Valuation information and policy
The directors are of the opinion that there has been no depreciation in value of the leasehold property at the date of the accounts.

2Tangible fixed assets

	£
Cost
At 1 September 2015	85,378
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	85,378
Depreciation
At 1 September 2015	4,289
Charge for the year	285
On disposals	-
At 31 August 2016	4,574
Net book values
At 31 August 2016	80,804
At 31 August 2015	81,089

3Transactions with directors

Name of director receiving advance or credit:	P.J. Britton
Description of the transaction:	Director's Current Account owing to Director
Balance at 1 September 2015:	£ 15,105
Advances or credits made:	£ 2,781
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 17,886

P.J. Britton, director, holds the freehold title of the leasehold property owned by the company and received ground rent of £50 in each of the years ended 31st august 2015 and 2016. Mr. Britton and his wife each held 50 ordinary shares and together retained control of the company. As managing director Mr.P.Britton held the casting vote. Mr. and Mrs Britton each received a dividend of £2,500 during the year (2015: £2,250 net).