Viewpoint Estates Ltd - Limited company - abbreviated - 11.6
Viewpoint Estates Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| FOR |
| VIEWPOINT ESTATES LTD |
| VIEWPOINT ESTATES LTD (REGISTERED NUMBER: 06811391) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| VIEWPOINT ESTATES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| VIEWPOINT ESTATES LTD (REGISTERED NUMBER: 06811391) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the director on |
| VIEWPOINT ESTATES LTD (REGISTERED NUMBER: 06811391) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 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 goods, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Investment property |
| Investment properties are revalued annually at their open market value in accordance with FRSSE (effective |
| April 2008). The surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit |
| reduces the property below its historical cost, in which case it is taken to the profit and loss account. |
| No depreciation is provided on investment properties which is a departure from the requirements of the |
| Companies Act 2006. In the opinion of the director these properties are held primarily for their investment |
| potential and so their current value is of more significance than any measure of consumption and to depreciate |
| them would not give a true and fair view. The provisions of the FRSSE (effective April 2008) in respect of |
| investment properties have therefore been adopted in order to give a true and fair view. If this departure from the |
| Act had been made, the profit/loss for the year would have been reduced by depreciation. |
| However, the amount of depreciation cannot reasonably be quantified and the amount, which might otherwise |
| have been shown, cannot be separately identified or quantified. |
| VIEWPOINT ESTATES LTD (REGISTERED NUMBER: 06811391) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | 1 |