Abbreviated Company Accounts - ABBOTSBURY PROPERTIES LIMITED

ABBOTSBURY PROPERTIES LIMITED - Company Information

01965849 ABBOTSBURY PROPERTIES LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 01965849 2013-04-01 2014-03-31 01965849 2014-03-31 01965849 2013-03-31 01965849 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 01965849 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 01965849

ABBOTSBURY PROPERTIES LIMITED

Abbreviated Accounts

31 March 2014

ABBOTSBURY PROPERTIES LIMITED Registered Number 01965849

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,639	2,725
Investments	3	401,498	401,498
		404,137	404,223
Current assets
Stocks		348,000	348,000
Debtors		405,312	445,312
Cash at bank and in hand		32,728	60,693
		786,040	854,005
Creditors: amounts falling due within one year		(245,855)	(336,467)
Net current assets (liabilities)		540,185	517,538
Total assets less current liabilities		944,322	921,761
Total net assets (liabilities)		944,322	921,761
Capital and reserves
Called up share capital	4	100,000	100,000
Profit and loss account		844,322	821,761
Shareholders' funds		944,322	921,761

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:
L.E.J.Bicknell, Director
Mrs M.R. Bicknell, Director

ABBOTSBURY PROPERTIES LIMITED Registered Number 01965849

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 property sales and rental income.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment 10% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	4,598
Additions	207
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	4,805
Depreciation
At 1 April 2013	1,873
Charge for the year	293
On disposals	-
At 31 March 2014	2,166
Net book values
At 31 March 2014	2,639
At 31 March 2013	2,725

3Fixed assets Investments
In the opinion of the directors, the aggregate value of the company’s investment in subsidiary undertakings is not less than the amount included in the balance sheet.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100,000 Ordinary shares of £1 each	100,000	100,000

5Transactions with directors

Name of director receiving advance or credit:	L.E.J.Bicknell
Description of the transaction:	Repayment
Balance at 1 April 2013:	£ 50,590
Advances or credits made:	-
Advances or credits repaid:	£ 48,620
Balance at 31 March 2014:	£ 1,970