Abbreviated Company Accounts - BALSAM PROPERTIES LIMITED

Abbreviated Company Accounts - BALSAM PROPERTIES LIMITED

BALSAM PROPERTIES LIMITED - Company Information

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Registered Number 06735987

BALSAM PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

BALSAM PROPERTIES LIMITED Registered Number 06735987

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 17,327 14,654
17,327 14,654
Current assets
Debtors 227,013 126,239
Cash at bank and in hand 81,889 385,608
308,902 511,847
Creditors: amounts falling due within one year (158,457) (188,547)
Net current assets (liabilities) 150,445 323,300
Total assets less current liabilities 167,772 337,954
Total net assets (liabilities) 167,772 337,954
Capital and reserves
Called up share capital 4 4
Profit and loss account 167,768 337,950
Shareholders' funds 167,772 337,954
  • 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 30 December 2014

And signed on their behalf by:
Mr Peter Roger Lasenby, Director

BALSAM PROPERTIES LIMITED Registered Number 06735987

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Computer equipment - 25% cost
Fixtures, fittings & equipment - 15% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2013 25,553
Additions 9,852
Disposals -
Revaluations -
Transfers -
At 31 March 2014 35,405
Depreciation
At 1 April 2013 10,899
Charge for the year 7,179
On disposals -
At 31 March 2014 18,078
Net book values
At 31 March 2014 17,327
At 31 March 2013 14,654