Abbreviated Company Accounts - J R D PROPERTIES LIMITED

J R D PROPERTIES LIMITED - Company Information

03735642 J R D PROPERTIES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03735642 2013-04-01 2014-03-31 03735642 2014-03-31 03735642 2013-03-31 03735642 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03735642 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 03735642

J R D PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

J R D PROPERTIES LIMITED Registered Number 03735642

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	258,436	338,436
		258,436	338,436
Current assets
Debtors		5,572	4,801
Cash at bank and in hand		4,148	4,488
		9,720	9,289
Creditors: amounts falling due within one year	3	(33,324)	(36,919)
Net current assets (liabilities)		(23,604)	(27,630)
Total assets less current liabilities		234,832	310,806
Creditors: amounts falling due after more than one year	3	(388)	(112,009)
Total net assets (liabilities)		234,444	198,797
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		234,442	198,795
Shareholders' funds		234,444	198,797

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 19 December 2014

And signed on their behalf by:
Mr R Dickman, Director

J R D PROPERTIES LIMITED Registered Number 03735642

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 the amount derived from the provision of services falling within the company's activities, it includes the amounts invoiced, exclusive of value added tax.

Tangible assets depreciation policy
Investment properties

In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The director considers that this policy results in the financial statements giving a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 April 2013	338,436
Additions	-
Disposals	(80,000)
Revaluations	-
Transfers	-
At 31 March 2014	258,436
Depreciation
At 1 April 2013	0
Charge for the year	-
On disposals	-
At 31 March 2014	0
Net book values
At 31 March 2014	258,436
At 31 March 2013	338,436

3Creditors

	2014 £	2013 £
Secured Debts	11,888	24,967

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2