Abbreviated Company Accounts - PAXTON PROPERTIES LIMITED

PAXTON PROPERTIES LIMITED - Company Information

04156285 PAXTON PROPERTIES LIMITED 2014-04-05 false 2013-04-06 2014-04-05 true 04156285 2013-04-06 2014-04-05 04156285 2014-04-05 04156285 2013-04-05 04156285 uk-gaap-cd-bus:Director1 2013-04-06 2014-04-05 04156285 uk-gaap-cd-bus:Director2 2013-04-06 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-06 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-05 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-06 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-05 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-05 iso4217:GBP shares

Registered Number 04156285

PAXTON PROPERTIES LIMITED

Abbreviated Accounts

5 April 2014

PAXTON PROPERTIES LIMITED Registered Number 04156285

Abbreviated Balance Sheet as at 5 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,100	1,294
		1,100	1,294
Current assets
Cash at bank and in hand		1,644	8,039
		1,644	8,039
Creditors: amounts falling due within one year		(2,409)	(8,909)
Net current assets (liabilities)		(765)	(870)
Total assets less current liabilities		335	424
Provisions for liabilities		(220)	(320)
Total net assets (liabilities)		115	104
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		15	4
Shareholders' funds		115	104

For the year ending 5 April 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 27 August 2014

And signed on their behalf by:
Mr R Rothwell, Director

PAXTON PROPERTIES LIMITED Registered Number 04156285

Notes to the Abbreviated Accounts for the period ended 5 April 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings - 15% Reducing balance

2Tangible fixed assets

	£
Cost
At 6 April 2013	9,359
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2014	9,359
Depreciation
At 6 April 2013	8,065
Charge for the year	194
On disposals	-
At 5 April 2014	8,259
Net book values
At 5 April 2014	1,100
At 5 April 2013	1,294

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

	2014 £	2013 £
60 A Ordinary shares of £1 each	60	60
40 B Ordinary shares of £1 each	40	40