Abbreviated Company Accounts - PERYCREST LIMITED

03408075 PERYCREST LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 03408075 2015-08-01 2016-07-31 03408075 2016-07-31 03408075 2015-07-31 03408075 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 03408075 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 03408075

PERYCREST LIMITED

Abbreviated Accounts

31 July 2016

PERYCREST LIMITED Registered Number 03408075

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,100,000	3,500,000
		4,100,000	3,500,000
Current assets
Debtors		485,419	540,373
Cash at bank and in hand		570,174	168,172
		1,055,593	708,545
Creditors: amounts falling due within one year		(2,227,308)	(2,296,828)
Net current assets (liabilities)		(1,171,715)	(1,588,283)
Total assets less current liabilities		2,928,285	1,911,717
Creditors: amounts falling due after more than one year		(2,596,649)	(1,269,838)
Total net assets (liabilities)		331,636	641,879
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		571,750	570,766
Profit and loss account		(240,116)	71,111
Shareholders' funds		331,636	641,879

For the year ending 31 July 2016 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 4 October 2017

And signed on their behalf by:
BARRY FELDMAN, Director

PERYCREST LIMITED Registered Number 03408075

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
The turnover of the company consists solely of rental income.

2Tangible fixed assets

	£
Cost
At 1 August 2015	3,500,000
Additions	774,337
Disposals	(175,641)
Revaluations	1,304
Transfers	-
At 31 July 2016	4,100,000
Depreciation
At 1 August 2015	-
Charge for the year	-
On disposals	-
At 31 July 2016	-
Net book values
At 31 July 2016	4,100,000
At 31 July 2015	3,500,000

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2