Abbreviated Company Accounts - PARK PLACE HOUSE LIMITED

Abbreviated Company Accounts - PARK PLACE HOUSE LIMITED


Registered Number 04596985

PARK PLACE HOUSE LIMITED

Abbreviated Accounts

31 March 2014

PARK PLACE HOUSE LIMITED Registered Number 04596985

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,778 4,778
4,778 4,778
Current assets
Debtors 127 127
127 127
Creditors: amounts falling due within one year (120) (120)
Net current assets (liabilities) 7 7
Total assets less current liabilities 4,785 4,785
Creditors: amounts falling due after more than one year (4,778) (4,778)
Total net assets (liabilities) 7 7
Capital and reserves
Called up share capital 3 7 7
Shareholders' funds 7 7
  • 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 8 December 2014

And signed on their behalf by:
Llewellyn Thomas, Director

PARK PLACE HOUSE LIMITED Registered Number 04596985

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.

Tangible assets depreciation policy
No Depreciation is charged on the freehold land and buildings as in the opinion of the directors, the residual value will not be less than the original cost.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land and Buildings %

2Tangible fixed assets
£
Cost
At 1 April 2013 4,778
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 4,778
Depreciation
At 1 April 2013 -
Charge for the year -
On disposals -
At 31 March 2014 -
Net book values
At 31 March 2014 4,778
At 31 March 2013 4,778
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
7 Ordinary shares of £1 each 7 7