Abbreviated Company Accounts - VILLABELA PROPERTIES LIMITED

VILLABELA PROPERTIES LIMITED - Company Information

Registered Number 06931904

VILLABELA PROPERTIES LIMITED

Abbreviated Accounts

30 June 2014

VILLABELA PROPERTIES LIMITED Registered Number 06931904

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	148	198
		148	198
Current assets
Debtors		7,023	4,558
Cash at bank and in hand		21,426	12,409
		28,449	16,967
Creditors: amounts falling due within one year		(11,618)	(7,610)
Net current assets (liabilities)		16,831	9,357
Total assets less current liabilities		16,979	9,555
Total net assets (liabilities)		16,979	9,555
Capital and reserves
Called up share capital		1	1
Profit and loss account		16,978	9,554
Shareholders' funds		16,979	9,555

For the year ending 30 June 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 18 December 2014

And signed on their behalf by:
G J ABELA, Director

VILLABELA PROPERTIES LIMITED Registered Number 06931904

Notes to the Abbreviated Accounts for the period ended 30 June 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
The Turnover shown in the Profit and Loss Account represents the management fees raised during the year. The Company is not registered for Value Added Tax.

2Tangible fixed assets

	£
Cost
At 1 July 2013	198
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	198
Depreciation
At 1 July 2013	-
Charge for the year	50
On disposals	-
At 30 June 2014	50
Net book values
At 30 June 2014	148
At 30 June 2013	198