Abbreviated Company Accounts - P J LEONARD INVESTMENTS LIMITED

P J LEONARD INVESTMENTS LIMITED - Company Information

08669477 P J LEONARD INVESTMENTS LIMITED 2014-03-31 false 2013-08-30 2014-03-31 true 08669477 2013-08-30 2014-03-31 08669477 2014-03-31 08669477 uk-gaap-cd-bus:Director1 2013-08-30 2014-03-31 08669477 uk-gaap-cd-bus:Director2 2013-08-30 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-30 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08669477

P J LEONARD INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2014

P J LEONARD INVESTMENTS LIMITED Registered Number 08669477

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	736,155
		736,155
Current assets
Debtors		3,051
Cash at bank and in hand		125
		3,176
Creditors: amounts falling due within one year	3	(19,884)
Net current assets (liabilities)		(16,708)
Total assets less current liabilities		719,447
Creditors: amounts falling due after more than one year	3	(720,346)
Total net assets (liabilities)		(899)
Capital and reserves
Called up share capital	4	100
Profit and loss account		(999)
Shareholders' funds		(899)

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 12 January 2015

And signed on their behalf by:
P Leonard, Director

P J LEONARD INVESTMENTS LIMITED Registered Number 08669477

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.

Other accounting policies
Investment properties

In accordance with SSAP 19 Accounting for Investment Properties, no depreciation is provided in respect of freehold investment properties. This is a departure from the Companies Act 2006, which requires all properties to be depreciated. Such properties are not held for consumption, but for investment, and the directors, consider that to depreciate them would not give a true and fair view. The directors consider that this policy results in the accounts giving a true and fair view.

2Tangible fixed assets

	£
Cost
Additions	736,155
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	736,155
Depreciation
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	736,155

3Creditors

	2014 £
Secured Debts	490,000
Instalment debts due after 5 years	392,303

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

	2014 £
100 Ordinary shares of £1 each	100