Micro-entity Accounts - IBIS PROPERTY LIMITED

IBIS PROPERTY LIMITED - Company Information

SC301129 IBIS PROPERTY LIMITED 2017-10-20 false 2016-10-21 2017-10-20 true SC301129 2016-10-21 2017-10-20 SC301129 2017-10-20 SC301129 2016-10-20 SC301129 uk-gaap-cd-bus:Director1 2016-10-21 2017-10-20 SC301129 uk-gaap-cd-bus:Director2 2016-10-21 2017-10-20 SC301129 uk-gaap-cd-bus:AllEntityOfficers 2016-10-21 2017-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-21 2017-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2017-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-20 iso4217:GBP shares

Registered Number SC301129

IBIS PROPERTY LIMITED

Micro-entity Accounts

20 October 2017

IBIS PROPERTY LIMITED Registered Number SC301129

Micro-entity Balance Sheet as at 20 October 2017

	Notes	2017	2016
		£	£
Called up share capital not paid		4	4
Fixed assets
Investments	1	100,500	100,500
		100,500	100,500
Current Assets		-	-
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(554)	(554)
Net current assets (liabilities)		(554)	(554)
Total assets less current liabilities		99,950	99,950
Total net assets (liabilities)		99,950	99,950
Capital and reserves
Called up share capital	2	4	4
Profit and loss account		99,946	99,946
Shareholders' funds		99,950	99,950

For the year ending 20 October 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 June 2018

And signed on their behalf by:
C Reis, Director

IBIS PROPERTY LIMITED Registered Number SC301129

Notes to the Micro-entity Accounts for the period ended 20 October 2017

1Fixed assets Investments
At 20 October 2017 and 20 October 2016 - Unlisted investments cost £100,500.
The unlisted investment represents 20% interest in the ordinary share capital of Reis Short & Co Limited (Company No SC169397).

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
4 Ordinary shares of £1 each	4	4

3Accounting 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.

Valuation information and policy
Investments
The company's investments in unlisted investments are stated at cost less any provision required for impairment.