Abbreviated Company Accounts - P2L PROPERTIES LIMITED

Abbreviated Company Accounts - P2L PROPERTIES LIMITED

P2L PROPERTIES LIMITED - Company Information

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Registered Number 05757405

P2L PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

P2L PROPERTIES LIMITED Registered Number 05757405

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 573,600 573,600
573,600 573,600
Creditors: amounts falling due within one year (57,120) (54,118)
Net current assets (liabilities) (57,120) (54,118)
Total assets less current liabilities 516,480 519,482
Creditors: amounts falling due after more than one year (542,400) (542,400)
Total net assets (liabilities) (25,920) (22,918)
Capital and reserves
Called up share capital 2 2
Profit and loss account (25,922) (22,920)
Shareholders' funds (25,920) (22,918)
  • 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 22 December 2014

And signed on their behalf by:
Graham Robinson, Director
Andrew Kingston, Director

P2L PROPERTIES LIMITED Registered Number 05757405

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 consist of rents receivable from Investment properties held

2Tangible fixed assets
£
Cost
At 1 April 2013 573,600
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 573,600
Depreciation
At 1 April 2013 0
Charge for the year -
On disposals -
At 31 March 2014 0
Net book values
At 31 March 2014 573,600
At 31 March 2013 573,600