Admiral Property Investments Limited - Limited company - abbreviated - 11.0.0
Admiral Property Investments Limited - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
ADMIRAL PROPERTY INVESTMENTS LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2013 |
ADMIRAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07805251) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
For The Year Ended 31 October 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 | to | 4 |
ADMIRAL PROPERTY INVESTMENTS LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 October 2013 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
ADMIRAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07805251) |
ABBREVIATED BALANCE SHEET |
31 October 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
ADMIRAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07805251) |
NOTES TO THE ABBREVIATED ACCOUNTS |
For The Year Ended 31 October 2013 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the |
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities |
(effective April 2008). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Storage Containers | - |
Plant and machinery | - |
Fixtures and fittings | - |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 October 2013 |
DEPRECIATION |
Charge for year |
At 31 October 2013 |
NET BOOK VALUE |
At 31 October 2013 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
Additions |
Revaluations |
At 31 October 2013 |
NET BOOK VALUE |
At 31 October 2013 |
ADMIRAL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07805251) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
For The Year Ended 31 October 2013 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year J Maddox, the director of the company, operated a directors current account with the company, |
At the year end, there was a credit balance on the account of £312,858 (2012: £nil). |
The directors current account is interest free, unsecured and repayable on demand. There have been various |
transactions with the directors during the year in the form of a directors current account. Information disclosed |
is therefore given in an aggregated form. |
6. | ULTIMATE CONTROLLING PARTY |
During the year the company was under the control of the director, J Maddox, by virtue of his 100% |
shareholding in the company. |