Probuild Property Limited - Limited company - abbreviated - 11.6

Probuild Property Limited - Limited company - abbreviated - 11.6

PROBUILD PROPERTY LIMITED - Company Information

Print Friendly Version

04000521 1.10.13 30.9.14 30.9.14 Company accounts Private Limited Company FY true false false false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure040005212013-09-30040005212014-09-30040005212013-10-012014-09-30040005212012-09-30040005212012-10-012013-09-30040005212013-09-3004000521ns12:England2013-10-012014-09-3004000521ns14:PoundSterling2013-10-012014-09-3004000521ns7:Director12013-10-012014-09-3004000521ns7:OrdinaryShareClass12013-10-012014-09-3004000521ns7:Director22013-10-012014-09-3004000521ns7:Director32013-10-012014-09-3004000521ns7:CompanySecretary2013-10-012014-09-3004000521ns7:RegisteredOffice2013-10-012014-09-3004000521ns7:EntityAccountantsOrAuditors2013-10-012014-09-3004000521ns7:EntityBankers2013-10-012014-09-3004000521ns5:FixturesFittings2013-10-012014-09-3004000521ns5:ComputerEquipment2013-10-012014-09-3004000521ns7:OrdinaryShareClass12014-09-3004000521ns7:OrdinaryShareClass12013-09-3004000521ns7:Director12013-09-3004000521ns7:Director12012-09-3004000521ns7:Director12012-10-012013-09-3004000521ns7:Director12014-09-3004000521ns7:Director12013-09-30
REGISTERED NUMBER: 04000521 (England and Wales)















PROBUILD PROPERTY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014






PROBUILD PROPERTY LIMITED (REGISTERED NUMBER: 04000521)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014










Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

PROBUILD PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: Mrs. B.J. Leach
Mr. N.A. Leach
Mr. J.J. Leach



SECRETARY: Mr. J.J. Leach



REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



REGISTERED NUMBER: 04000521 (England and Wales)



ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



BANKERS: HSBC Bank plc
114 High Street
Stourbridge
West Midlands
DY8 1DZ
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PROBUILD PROPERTY LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Probuild Property Limited for the year ended 30 September 2014 which comprise the Profit and
Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Probuild Property Limited, as a body, in accordance with our
terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of
Probuild Property Limited and state those matters that we have agreed to state to the Board of Directors of Probuild
Property Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its
Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Probuild Property Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Probuild
Property Limited. You consider that Probuild Property Limited is exempt from the statutory audit requirement for the
year.

We have not been instructed to carry out an audit or a review of the financial statements of Probuild Property Limited.
For this reason, we have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


16 December 2014

This page does not form part of the abbreviated accounts

Page 2
PROBUILD PROPERTY LIMITED (REGISTERED NUMBER: 04000521)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 846,489 846,648

CURRENT ASSETS
Debtors 1,141 9,825
Cash at bank 3,749 3,025
4,890 12,850
CREDITORS
Amounts falling due within one year 20,714 4,893
NET CURRENT (LIABILITIES)/ASSETS (15,824 ) 7,957
TOTAL ASSETS LESS CURRENT
LIABILITIES
830,665
854,605

CREDITORS
Amounts falling due after more than one
year
3
471,860
471,847
NET ASSETS 358,805 382,758

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 358,705 382,658
SHAREHOLDERS' FUNDS 358,805 382,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 3 continued...
PROBUILD PROPERTY LIMITED (REGISTERED NUMBER: 04000521)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2014


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 Board of Directors on 16 December 2014 and were signed on its behalf
by:





Mrs. B.J. Leach - Director


The notes form part of these abbreviated accounts

Page 4
PROBUILD PROPERTY LIMITED (REGISTERED NUMBER: 04000521)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013
and 30 September 2014 850,451
DEPRECIATION
At 1 October 2013 3,803
Charge for year 159
At 30 September 2014 3,962
NET BOOK VALUE
At 30 September 2014 846,489
At 30 September 2013 846,648

3. CREDITORS

Creditors include the following debts falling due in more than five years:

2014 2013
£    £   
Repayable otherwise than by instalments 471,860 471,847

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 5 continued...
PROBUILD PROPERTY LIMITED (REGISTERED NUMBER: 04000521)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014


5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2014 and
30 September 2013:

2014 2013
£    £   
Mrs. B.J. Leach
Balance outstanding at start of year 9,539 (90,647 )
Amounts advanced 23,103 141,146
Amounts repaid (32,642 ) (40,960 )
Balance outstanding at end of year - 9,539

Page 6