Abbreviated Company Accounts - MARGERY PROPERTIES LIMITED

MARGERY PROPERTIES LIMITED - Company Information

00483501 MARGERY PROPERTIES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 00483501 2013-04-01 2014-03-31 00483501 2014-03-31 00483501 2013-03-31 00483501 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 00483501 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 00483501

MARGERY PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

MARGERY PROPERTIES LIMITED Registered Number 00483501

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	750,000	750,000
		750,000	750,000
Current assets
Debtors		62,431	62,431
Cash at bank and in hand		653,030	605,048
		715,461	667,479
Creditors: amounts falling due within one year		(266,294)	(232,195)
Net current assets (liabilities)		449,167	435,284
Total assets less current liabilities		1,199,167	1,185,284
Creditors: amounts falling due after more than one year		(5,000)	(5,000)
Total net assets (liabilities)		1,194,167	1,180,284
Capital and reserves
Called up share capital	3	263	263
Revaluation reserve		744,117	744,117
Other reserves		487	487
Profit and loss account		449,300	435,417
Shareholders' funds		1,194,167	1,180,284

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 17 December 2014

And signed on their behalf by:
C D Field, Director

MARGERY PROPERTIES LIMITED Registered Number 00483501

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets

	£
Cost
At 1 April 2013	750,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	750,000
Depreciation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	750,000
At 31 March 2013	750,000

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

	2014 £	2013 £
1,052 Ordinary shares of £0.25 each	263	263