Accounts filed on 31-03-2017

Accounts filed on 31-03-2017

SHOREHAM PROPERTY INVESTMENTS LIMITED - Company Information

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098902782015-11-262017-03-31falsetruehttp://www.companieshouse.gov.uk/2015-11-25http://www.companieshouse.gov.uk/pt:InvestmentProperties2015-11-262017-03-31http://www.companieshouse.gov.uk/cd:Director12015-11-262017-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-11-262017-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12017-03-31http://www.companieshouse.gov.uk/2015-11-262017-03-31http://www.companieshouse.gov.uk/2017-03-31http://www.companieshouse.gov.uk/pt:InvestmentProperties2017-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-11-262017-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09890278
Shoreham Property Investments Limited
ABBREVIATED ACCOUNTS
FOR THE 492 DAY PERIOD ENDED 31/03/2017
Prepared By:
DNS Associates
Chartered Management Accountants
Pacific House
382 Kenton Road
Harrow
Middlesex
HA3 8DP
Shoreham Property Investments Limited
ABBREVIATED ACCOUNTS
FOR THE 492 DAY PERIOD ENDED 31/03/2017
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 09890278
Shoreham Property Investments Limited
Registered Number: 09890278
BALANCE SHEET AT 31/03/2017
2017
Notes£
FIXED ASSETS
Tangible assets2387,114
CURRENT ASSETS
Cash at bank and in hand2,564
2,564
CREDITORS: Amounts falling due within one year116,709
NET CURRENT LIABILITIES(114,145)
TOTAL ASSETS LESS CURRENT LIABILITIES272,969
CREDITORS: Amounts falling due after more than one year3243,650
NET ASSETS29,319
CAPITAL AND RESERVES
Called up share capital4100
Profit and loss account29,219
SHAREHOLDERS' FUNDS29,319
For the year ending 31/03/2017 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 29/07/2017 and signed on their behalf by
Rupert Faulkner
Director
Shoreham Property Investments Limited
NOTES TO THE ACCOUNTS
FOR THE 492 DAY PERIOD ENDED 31/03/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
Investment
PropertiesTotal
££
Cost
Additions387,114387,114
At 31/03/2017387,114387,114
Depreciation
At 31/03/2017--
Net Book Amounts
At 31/03/2017387,114387,114
Shoreham Property Investments Limited
3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017
£
Other creditors243,650
243,650
4. SHARE CAPITAL 2017
£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100
100
New shares issued during period:
100 Ordinary shares of £1 each100
100