Best Moves Properties UK Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07182334 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Best Moves Properties UK Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Zamek

REGISTERED OFFICE:

289 Westend Lane

London

NW6 1RE

REGISTERED NUMBER:

07182334 (England and Wales)

ACCOUNTANTS:

CAAS

Chartered Accountants

Suite 203, 2nd Floor

China House

401 Edgware Road

London

NW2 6GY

FIXED ASSETS

Investment property

2

50,000

-

CURRENT ASSETS

Debtors

2,403

2,403

CREDITORS

Amounts falling due within one year

3

51,554

1,554

NET CURRENT (LIABILITIES)/ASSETS

(49,151

)

849

TOTAL ASSETS LESS CURRENT LIABILITIES

849

849

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

848

848

SHAREHOLDERS' FUNDS

849

849

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 December 2014 and were signed by:

N Zamek - 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).

The company was dormant throughout the current year and previous year.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

In accordance with the Financial Reporting Standard for Small Entities (effective April 2008) ('FRSSE')

investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation

reserve. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However this requirement conflicts with the

generally accepted accounting principle set out in the FRSSE. The director considers that because the

investment property is not held for consumption but for its investment potential, to depreciate it would not give

true and fair view, and that is necessary to adopt the FRSSE in order to give true and fair view. Depreciation is

only one of the many factors reflected in the annual valuation and the amount which might otherwise have been

shown cannot be separately identified or quantified.

Deferred tax

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

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

50,000

At 31 March 2014

50,000

NET BOOK VALUE

At 31 March 2014

50,000

3.

CREDITORS

Creditors include an amount of £ 50,000 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

1

1

1