PTE Property (Wallis North) Limited - Abbreviated accounts

Registered number

09084112

PTE Property (Wallis North) Limited

Abbreviated Accounts

31 October 2016

PTE Property (Wallis North) Limited
Registered number:		09084112
Abbreviated Balance Sheet
as at 31 October 2016

Notes			2016			2015
£				£
Fixed assets
Investments	2		50			50

Current assets
Debtors		1,769,812			1,542,922
Cash at bank and in hand		32,862			90
		1,802,674			1,543,012

Creditors: amounts falling due within one year		(758,299)			(536,447)

Net current assets			1,044,375			1,006,565

Total assets less current liabilities			1,044,425			1,006,615

Creditors: amounts falling due after more than one year			(1,098,144)			(1,030,509)



Net liabilities			(53,719)			(23,894)

Capital and reserves
Called up share capital	3		90			90
Profit and loss account			(53,809)			(23,984)

Shareholders' funds			(53,719)			(23,894)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



A Beharrell
Director
Approved by the board on 25 July 2017

PTE Property (Wallis North) Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Investments					£

	Cost
	At 1 November 2015					50

	At 31 October 2016					50

	The company holds 20% or more of the share capital of the following companies:

Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	East London Regeneration (Wallis North)	Ordinary		50		12,217		14,785

3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		90		90		90

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		90		90