Abbreviated Company Accounts - HORSECROFT PROPERTIES LIMITED

HORSECROFT PROPERTIES LIMITED - Company Information

04934269 HORSECROFT PROPERTIES LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 04934269 2012-11-01 2013-10-31 04934269 2013-10-31 04934269 2012-10-31 04934269 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 04934269 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 04934269

HORSECROFT PROPERTIES LIMITED

Abbreviated Accounts

31 October 2013

HORSECROFT PROPERTIES LIMITED Registered Number 04934269

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	12,071	16,095
		12,071	16,095
Current assets
Stocks		1,000	7,500
Debtors		2,418	1,168
Cash at bank and in hand		1,311	1,319
		4,729	9,987
Creditors: amounts falling due within one year		(10,616)	(10,556)
Net current assets (liabilities)		(5,887)	(569)
Total assets less current liabilities		6,184	15,526
Provisions for liabilities		(1,050)	(2,918)
Total net assets (liabilities)		5,134	12,608
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		5,034	12,508
Shareholders' funds		5,134	12,608

For the year ending 31 October 2013 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 28 July 2014

And signed on their behalf by:
J T S WEBBER, Director

HORSECROFT PROPERTIES LIMITED Registered Number 04934269

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 net amount invoiced to customers, excluding value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation.
Depreciation is charged on a reducing balance basis calculated to write off the cost of the assets over their estimated useful lives. The applicable annual rates are:
Motor vehicles - 25%
Computer equipment - 25%
Plant and equipment - 25%

Other accounting policies
Stock
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs.

Deferred taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation 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 November 2012	35,127
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	35,127
Depreciation
At 1 November 2012	19,032
Charge for the year	4,024
On disposals	-
At 31 October 2013	23,056
Net book values
At 31 October 2013	12,071
At 31 October 2012	16,095

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100