REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Accounts for the Year Ended 31 March 2015 |
|
for |
|
Putney Hill Investments Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Accounts for the Year Ended 31 March 2015 |
|
for |
|
Putney Hill Investments Limited |
Putney Hill Investments Limited (Registered number: 01848057) |
|
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
Putney Hill Investments Limited |
|
Company Information |
for the Year Ended 31 March 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
|
|
|
|
Putney Hill Investments Limited (Registered number: 01848057) |
|
Abbreviated Balance Sheet |
31 March 2015 |
|
31.3.15 | 31.3.14 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Revaluation reserve |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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 financial statements were approved by the Board of Directors on
its behalf by: |
|
|
|
|
|
|
|
Putney Hill Investments Limited (Registered number: 01848057) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
|
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the |
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller |
Entities (effective April 2008). |
|
Turnover |
Turnover represents rental income receivable. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
|
|
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no |
depreciation is provided in respect of freehold properties held as investments. This is a departure from |
the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such |
properties are held for investment and not for consumption and the directors consider that to |
depreciate them would not give a true and fair view. Depreciation is only one of the many factors |
reflected in the annual valuation and accordingly the amount of depreciation which might otherwise |
have been charged cannot be separately identified or quantified. The directors consider that this |
policy results in the financial statements giving a true and fair view. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 April 2014 |
|
Revaluations |
|
At 31 March 2015 |
|
NET BOOK VALUE |
At 31 March 2015 |
|
At 31 March 2014 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
4. | DEFERRED TAX |
|
If the investment property was to be sold at the current carrying value in the balance sheet, a |
potential corporation tax liability of £137,976 (2014: £133,293) would arise. The directors do not intend to |
dispose of the property in the foreseeable future and so no provision for this potential liability has been |
made. |