Abbreviated Company Accounts - TALKING POINT PROPERTIES LIMITED

Abbreviated Company Accounts - TALKING POINT PROPERTIES LIMITED

TALKING POINT PROPERTIES LIMITED - Company Information

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Registered Number 09809998

TALKING POINT PROPERTIES LIMITED

Abbreviated Accounts

31 August 2016

TALKING POINT PROPERTIES LIMITED Registered Number 09809998

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016
£
Fixed assets
Tangible assets 2 2,258,561
2,258,561
Current assets
Debtors 34,252
Cash at bank and in hand 27,933
62,185
Creditors: amounts falling due within one year (19,435)
Net current assets (liabilities) 42,750
Total assets less current liabilities 2,301,311
Creditors: amounts falling due after more than one year (78,646)
Total net assets (liabilities) 2,222,665
Capital and reserves
Called up share capital 100
Other reserves 2,201,156
Profit and loss account 21,409
Shareholders' funds 2,222,665
  • 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 30 March 2017

And signed on their behalf by:
Linda Davies, Director

TALKING POINT PROPERTIES LIMITED Registered Number 09809998

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.

Tangible assets depreciation policy
Land & buildings - Straight line over 50 years
Fixtures & fittings - 20% reducing balance

Other accounting policies
The company has provided a cross guarantee in respect of bank loans outstanding in respect of the associated undertaking, Talking Point (UK) Limited. the amount outstanding of these loans at 31 August 2016 was £532,186.

2Tangible fixed assets
£
Cost
Additions 2,258,713
Disposals -
Revaluations -
Transfers -
At 31 August 2016 2,258,713
Depreciation
Charge for the year 152
On disposals -
At 31 August 2016 152
Net book values
At 31 August 2016 2,258,561