Abbreviated Company Accounts - LANDELL INVESTMENTS LIMITED

Abbreviated Company Accounts - LANDELL INVESTMENTS LIMITED

LANDELL INVESTMENTS LIMITED - Company Information

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Registered Number 05687842

LANDELL INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

LANDELL INVESTMENTS LIMITED Registered Number 05687842

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 294,850 294,850
294,850 294,850
Current assets
Debtors 580 100
Cash at bank and in hand 11,171 13,581
11,751 13,681
Creditors: amounts falling due within one year (18,792) (25,431)
Net current assets (liabilities) (7,041) (11,750)
Total assets less current liabilities 287,809 283,100
Creditors: amounts falling due after more than one year (128,502) (148,112)
Total net assets (liabilities) 159,307 134,988
Capital and reserves
Called up share capital 100 100
Profit and loss account 159,207 134,888
Shareholders' funds 159,307 134,988
  • 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 29 December 2014

And signed on their behalf by:
Barry Mardell, Director

LANDELL INVESTMENTS LIMITED Registered Number 05687842

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 the total invoice value, excluding value added tax, trade discounts and all other taxes of sales made during the year.

Tangible assets depreciation policy
Investment property: In accordance with Statement of Standard Accounting Practice 19, no depreciation is provided in respect of freehold properties that are classified as investment properties. This is a departure from the requirement of the Companies Act 2006 that requires all properties to be depreciated. Such properties are not held for consumption but for investment and the directors consider that to depreciate them would not give a true and fair view.

Other accounting policies
Deferred tax: Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 April 2013 294,850
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 294,850
Depreciation
At 1 April 2013 -
Charge for the year -
On disposals -
At 31 March 2014 -
Net book values
At 31 March 2014 294,850
At 31 March 2013 294,850