Mapeldown Limited
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Notes to the Abbreviated Accounts |
for the year ended 28 September 2015
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Depreciation |
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Freehold property comprises a freehold reversionary the underlying value of which is reflected in the individual leases. Depreciation Is not provided on freehold reversionary interests held within investment properties. This is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors the financial statements are required to give a true and fair view. Depreciation is only one of the many factors reflected in the accounting figure and the amount of this which might otherwsie have been charged cannot be separately identified or quantified. |
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2 |
Tangible fixed assets |
£ |
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Cost |
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At 29 September 2014 |
936 |
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At 28 September 2015 |
936 |
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Depreciation |
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At 28 September 2015 |
- |
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Net book value |
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At 28 September 2015 |
936 |
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At 28 September 2014 |
936 |
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3 |
Share capital |
Nominal |
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2015 |
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2015 |
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2014 |
value |
Number |
£ |
£ |
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Allotted, called up and fully paid: |
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Ordinary shares
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£1 each |
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6 |
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6 |
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6 |
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A Ordinary shares non voting
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£1 each |
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1,080 |
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1,080 |
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1,080 |
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1,086 |
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1,086 |
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