LDY PROPERTIES LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 04197734

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

LDY PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P M DAVEY

SECRETARY:

REGISTERED OFFICE:

18 The Ropewalk

Nottingham

Nottinghamshire

NG1 5DT

REGISTERED NUMBER:

04197734

CURRENT ASSETS

Stocks

976,260

Debtors

118,520

132,171

Cash at bank

41,833

43,995

1,136,613

1,152,426

CREDITORS

Amounts falling due within one year

(2,537

)

(9,712

)

NET CURRENT ASSETS

1,134,076

1,142,714

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134,076

1,142,714

CREDITORS

Amounts falling due after more than one
year

(631,640

)

(631,640

)

NET ASSETS

502,436

511,074

CAPITAL AND RESERVES

Called up share capital

2

Revaluation reserve

383,000

Profit and loss account

119,434

128,072

SHAREHOLDERS' FUNDS

502,436

511,074

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 December 2014 and were signed by:

P M DAVEY - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

LDY PROPERTIES LIMITED - Limited company - abbreviated - 11.6

LDY PROPERTIES LIMITED - Limited company - abbreviated - 11.6