Abbreviated Company Accounts - GLENVIEW PROPERTIES LIMITED

GLENVIEW PROPERTIES LIMITED - Company Information

00758211 GLENVIEW PROPERTIES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 00758211 2015-04-01 2016-03-31 00758211 2016-03-31 00758211 2015-03-31 00758211 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 00758211 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 00758211

GLENVIEW PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

GLENVIEW PROPERTIES LIMITED Registered Number 00758211

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	112,168	112,168
		112,168	112,168
Current assets
Debtors		1,088,500	1,093,942
Cash at bank and in hand		45,867	28,607
		1,134,367	1,122,549
Creditors: amounts falling due within one year		(114,688)	(110,278)
Net current assets (liabilities)		1,019,679	1,012,271
Total assets less current liabilities		1,131,847	1,124,439
Total net assets (liabilities)		1,131,847	1,124,439
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		48,876	48,876
Profit and loss account		1,082,871	1,075,463
Shareholders' funds		1,131,847	1,124,439

For the year ending 31 March 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 28 June 2017

And signed on their behalf by:
EMANUEL TAJTELBAUM, Director

GLENVIEW PROPERTIES LIMITED Registered Number 00758211

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover is represented by the total rents receivable for the year.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Tangible fixed assets

	£
Cost
At 1 April 2015	112,168
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	112,168
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	112,168
At 31 March 2015	112,168

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100