Abbreviated Company Accounts - W.H. MAYES & SON (PROPERTIES) LIMITED

W.H. MAYES & SON (PROPERTIES) LIMITED - Company Information

00989896 W.H. MAYES & SON (PROPERTIES) LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 00989896 2012-11-01 2013-10-31 00989896 2013-10-31 00989896 2012-10-31 00989896 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 00989896 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 00989896

W.H. MAYES & SON (PROPERTIES) LIMITED

Abbreviated Accounts

31 October 2013

W.H. MAYES & SON (PROPERTIES) LIMITED Registered Number 00989896

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,064,232	1,059,111
		1,064,232	1,059,111
Current assets
Debtors		60,929	75,650
Cash at bank and in hand		1,022,754	1,027,397
		1,083,683	1,103,047
Creditors: amounts falling due within one year		(8,705)	(11,415)
Net current assets (liabilities)		1,074,978	1,091,632
Total assets less current liabilities		2,139,210	2,150,743
Total net assets (liabilities)		2,139,210	2,150,743
Capital and reserves
Called up share capital	3	10,000	10,000
Revaluation reserve		185,640	185,640
Profit and loss account		1,943,570	1,955,103
Shareholders' funds		2,139,210	2,150,743

For the year ending 31 October 2013 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 31 July 2014

And signed on their behalf by:
W Mayes, Director

W.H. MAYES & SON (PROPERTIES) LIMITED Registered Number 00989896

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 rents receivable less provions for amounts unlikely to be paid.

Tangible assets depreciation policy
Equipment is depreciated at 25% on the reducing balance.
Land and buildings are not depreciated.

2Tangible fixed assets

	£
Cost
At 1 November 2012	1,073,868
Additions	5,600
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	1,079,468
Depreciation
At 1 November 2012	14,757
Charge for the year	479
On disposals	-
At 31 October 2013	15,236
Net book values
At 31 October 2013	1,064,232
At 31 October 2012	1,059,111

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

	2013 £	2012 £
10,000 Ordinary shares of £1 each	10,000	10,000