Straudley Investments (2004) Ltd - Limited company - abbreviated - 11.0.0
Straudley Investments (2004) Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| STRAUDLEY INVESTMENTS (2004) LTD |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| STRAUDLEY INVESTMENTS (2004) LTD (REGISTERED NUMBER: 05050415) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| STRAUDLEY INVESTMENTS (2004) LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| STRAUDLEY INVESTMENTS (2004) LTD (REGISTERED NUMBER: 05050415) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve | ( |
) | ( |
) |
| Capital reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| STRAUDLEY INVESTMENTS (2004) LTD (REGISTERED NUMBER: 05050415) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2014 |
| The financial statements were approved by the Board of Directors on |
| STRAUDLEY INVESTMENTS (2004) LTD (REGISTERED NUMBER: 05050415) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced rents receivable charged in respect of the company's investment properties, excluding |
| value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment properties are shown at their open market value and any revaluations are credited or charged to the revaluation |
| reserve except in the case outlined below. |
| Where a property is shown below original cost and the fall in value is expected to be permanent.the revaluation would be |
| charged to the profit and loss account. |
| No depreciation is charged in respect of investment properties as per FRSSE 2008. Strictly this is a breach of the |
| Companies Act 2006 but it is considered that the statutory rules should be overriden to ensure that the financial statements |
| give a true and fair view. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| STRAUDLEY INVESTMENTS (2004) LTD (REGISTERED NUMBER: 05050415) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 April 2013 |
| Disposals | ( |
) |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 31.3.14 | 31.3.13 |
| £ | £ |
| Repayable by instalments | 570,811 | 1,081,130 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| Ordinary | £1 |
| (31.3.13 - |