Abbreviated Company Accounts - PADDOCK PROPERTY INVESTMENTS LIMITED

PADDOCK PROPERTY INVESTMENTS LIMITED - Company Information

04315610 PADDOCK PROPERTY INVESTMENTS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 04315610 2013-04-01 2014-03-31 04315610 2014-03-31 04315610 2013-03-31 04315610 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04315610 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 04315610

PADDOCK PROPERTY INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

PADDOCK PROPERTY INVESTMENTS LIMITED Registered Number 04315610

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,105,130	994,690
		1,105,130	994,690
Current assets
Debtors		22,932	74,641
Cash at bank and in hand		6,032	2,105
		28,964	76,746
Creditors: amounts falling due within one year		(220,754)	(227,111)
Net current assets (liabilities)		(191,790)	(150,365)
Total assets less current liabilities		913,340	844,325
Creditors: amounts falling due after more than one year		(804,220)	(847,214)
Total net assets (liabilities)		109,120	(2,889)
Capital and reserves
Called up share capital	3	10	10
Revaluation reserve		380,588	269,442
Profit and loss account		(271,478)	(272,341)
Shareholders' funds		109,120	(2,889)

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 2 December 2014

And signed on their behalf by:
K.L. Crowe, Director

PADDOCK PROPERTY INVESTMENTS LIMITED Registered Number 04315610

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 net invoiced sales of services excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 April 2013	1,003,076
Additions	-
Disposals	-
Revaluations	111,146
Transfers	-
At 31 March 2014	1,114,222
Depreciation
At 1 April 2013	8,386
Charge for the year	706
On disposals	-
At 31 March 2014	9,092
Net book values
At 31 March 2014	1,105,130
At 31 March 2013	994,690

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

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10