Pelham Commercial Properties Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05365599 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

PELHAM COMMERCIAL PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

4

DIRECTOR:

K Sobhanieh

SECRETARY:

L Sobhanieh

REGISTERED OFFICE:

28 Wilton Road

Bexhill-on-Sea

East Sussex

TN40 1EZ

REGISTERED NUMBER:

05365599 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey LLP

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

CURRENT ASSETS

Debtors

42

-

CREDITORS

Amounts falling due within one year

1,062

850

NET CURRENT LIABILITIES

(1,020

)

(850

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,020

)

(850

)

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

(1,021

)

(851

)

SHAREHOLDERS' FUNDS

(1,020

)

(850

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 November 2014 and were signed by:

K Sobhanieh - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have made an assessment and do not consider there to be any material uncertainties about the

company's ability to continue as a going concern.Although current liabilities exceed current assets, the director is

optimistic that the company will meet all liabilities as they become due. As a result they have adopted the going

concern basis of accounting.

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 services, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

1

Ordinary A

1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Pelham Commercial Properties Limited for the year ended 28 February 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to

its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Pelham Commercial Properties Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pelham

Commercial Properties Limited and state those matters that we have agreed to state to the director of Pelham

Commercial Properties Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

director for our work or for this report.

It is your duty to ensure that Pelham Commercial Properties Limited has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of

Pelham Commercial Properties Limited. You consider that Pelham Commercial Properties Limited is exempt from the

statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pelham Commercial

Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Ashdown Hurrey LLP

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

25 November 2014