Abbreviated Company Accounts - PROPERTY CONSULTANCY LTD

Abbreviated Company Accounts - PROPERTY CONSULTANCY LTD


Registered Number 06864009

PROPERTY CONSULTANCY LTD

Abbreviated Accounts

31 March 2014

PROPERTY CONSULTANCY LTD Registered Number 06864009

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,506 1,620
1,506 1,620
Current assets
Cash at bank and in hand 4,009 15,306
4,009 15,306
Creditors: amounts falling due within one year (5,375) (4,086)
Net current assets (liabilities) (1,366) 11,220
Total assets less current liabilities 140 12,840
Total net assets (liabilities) 140 12,840
Capital and reserves
Called up share capital 2 2
Profit and loss account 138 12,838
Shareholders' funds 140 12,840
  • For the year ending 31 March 2014 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 22 May 2014

And signed on their behalf by:
L S Chadwick, Director

PROPERTY CONSULTANCY LTD Registered Number 06864009

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Computer equipment - 25% on reducing balance.

2Tangible fixed assets
£
Cost
At 1 April 2013 3,798
Additions 388
Disposals -
Revaluations -
Transfers -
At 31 March 2014 4,186
Depreciation
At 1 April 2013 2,178
Charge for the year 502
On disposals -
At 31 March 2014 2,680
Net book values
At 31 March 2014 1,506
At 31 March 2013 1,620