Primegate Properties (Hooknorth) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06984339 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

PRIMEGATE PROPERTIES (HOOKNORTH) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D E Beacom

S S Fleck

SECRETARY:

Mrs A Beacom

REGISTERED OFFICE:

West Ridge

Downs Lane

Marlborough

Wiltshire

SN8 1RP

REGISTERED NUMBER:

06984339 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

CALLED UP SHARE CAPITAL NOT PAID

101

101

FIXED ASSETS

Tangible assets

2

-

860,000

101

860,101

CURRENT ASSETS

Stocks

-

782,349

Debtors

50,000

19,463

Cash at bank

770,191

1,474

820,191

803,286

CREDITORS

Amounts falling due within one year

734,560

1,666,970

NET CURRENT ASSETS/(LIABILITIES)

85,631

(863,684

)

TOTAL ASSETS LESS CURRENT LIABILITIES

85,732

(3,583

)

CAPITAL AND RESERVES

Called up share capital

3

101

101

Profit and loss account

85,631

(3,684

)

SHAREHOLDERS' FUNDS

85,732

(3,583

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 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 19 November 2014 and were signed on its behalf by:

D E Beacom - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

860,000

Disposals

(860,000

)

At 31 January 2014

-

NET BOOK VALUE

At 31 January 2014

-

At 31 January 2013

860,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

82

Ordinary A

£1

82

82

18

Ordinary B

£1

18

18

1

Special

£1

1

1

101

101

The special class of shares are non-voting and carry no distribution rights.