Abbreviated Company Accounts - PYNES HILL ESTATES LIMITED

PYNES HILL ESTATES LIMITED - Company Information

Registered Number 07372619

PYNES HILL ESTATES LIMITED

Abbreviated Accounts

30 September 2015

PYNES HILL ESTATES LIMITED Registered Number 07372619

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	302,688	294,230
		302,688	294,230
Current assets
Stocks		76,615	110,000
Debtors		22,600	19,125
Cash at bank and in hand		5,899	200
		105,114	129,325
Creditors: amounts falling due within one year		(240,969)	(267,238)
Net current assets (liabilities)		(135,855)	(137,913)
Total assets less current liabilities		166,833	156,317
Creditors: amounts falling due after more than one year		(226,429)	(178,446)
Total net assets (liabilities)		(59,596)	(22,129)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(59,597)	(22,130)
Shareholders' funds		(59,596)	(22,129)

For the year ending 30 September 2015 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 8 January 2019

And signed on their behalf by:
K Farler, Director

PYNES HILL ESTATES LIMITED Registered Number 07372619

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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 represents the value, net of value added tax and discounts, of rents received from tenants and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings 15% reducing balance
Freehold Property Nil

2Tangible fixed assets

	£
Cost
At 1 October 2014	297,778
Additions	9,343
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	307,121
Depreciation
At 1 October 2014	3,548
Charge for the year	885
On disposals	-
At 30 September 2015	4,433
Net book values
At 30 September 2015	302,688
At 30 September 2014	294,230