Moffat Property Services Limited - Abbreviated accounts 16.3

Moffat Property Services Limited - Abbreviated accounts 16.3

MOFFAT PROPERTY SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 01394790 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

MOFFAT PROPERTY SERVICES LIMITED

MOFFAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 01394790)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

MOFFAT PROPERTY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2016







DIRECTORS: R C Lambert
Mrs W E Lambert
Ms M Lambert
R J Lambert





SECRETARY: Mrs W E Lambert





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 01394790 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW
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MOFFAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 01394790)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2016

2016 2015
Notes £ £ £ £
FIXED ASSETS
Tangible assets 2 1,026,191 657,046

CURRENT ASSETS
Debtors 1,998 1,741
Cash at bank 63,910 51,848
65,908 53,589
CREDITORS
Amounts falling due within one year 311,368 293,074
NET CURRENT LIABILITIES (245,460 ) (239,485 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
780,731
417,561

CAPITAL AND RESERVES
Called up share capital 3 100 100
Revaluation reserve 670,334 302,334
Profit and loss account 110,297 115,127
SHAREHOLDERS' FUNDS 780,731 417,561

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 notes form part of these abbreviated accounts

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MOFFAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 01394790)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2016


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 21 June 2017 and were
signed on its behalf by:





Ms M Lambert - Director


The notes form part of these abbreviated accounts

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MOFFAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 01394790)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as
modified by the revaluation of certain assets and in accordance with the Financial Reporting
Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Land and buildings are held for investment and not as operational assets. No depreciation is
provided but they are revalued from time to time to reflect changes in their open market
value. The last revaluation was as at 30 September 2011.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight
line basis over the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£
COST OR VALUATION
At 1 October 2015 659,913
Additions 1,543
Revaluations 368,000
At 30 September 2016 1,029,456
DEPRECIATION
At 1 October 2015 2,867
Charge for year 398
At 30 September 2016 3,265
NET BOOK VALUE
At 30 September 2016 1,026,191
At 30 September 2015 657,046

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MOFFAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 01394790)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2016


3. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2016 2015
value: £ £
100 Ordinary shares £1 100 100

4. RELATED PARTY DISCLOSURES

The company obtained building services during the year amounting to £nil (2015: £90) from
Montrose Building Services Limited, a company in which R C Lambert has a controlling
interest. The company charged £1,800 (2015: £nil) to Montrose Building Services Limited
for administration duties during the year.

5. CONTROL

The company is controlled by the directors R J Lambert and Mrs M Latimer who hold all of
the issued share capital.

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