Company Registration No. 03547230 (England and Wales)
York Properties Ltd
Abbreviated unaudited accounts
for the year ended 31 March 2016
York Properties Ltd
Abbreviated Balance Sheet
as at
31 March 2016
Tangible assets
2,953,416
2,728,255
Cash at bank and in hand
304,031
50,810
Creditors: amounts falling due within one year
(23,229)
(14,511)
Net current assets
430,802
36,299
Total assets less current liabilities
3,384,232
2,764,568
Creditors: amounts falling due after more than one year
(2,044,471)
(1,600,908)
Net assets
1,339,761
1,163,660
Called up share capital
146
146
Revaluation reserve
64,076
-
Profit and loss account
1,275,539
1,163,514
Total shareholders' funds
1,339,761
1,163,660
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 19 April 2016
D G Gordon
Director
Company Registration No. 03547230
York Properties Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Other
3
Tangible fixed assets
Land & buildings
Plant & machinery
Total
At 1 April 2015
2,721,751
8,672
2,730,423
Additions
226,343
592
226,935
At 31 March 2016
2,948,094
9,264
2,957,358
At 1 April 2015
-
2,168
2,168
Charge for the year
-
1,774
1,774
At 31 March 2016
-
3,942
3,942
At 31 March 2016
2,948,094
5,322
2,953,416
At 31 March 2015
2,721,751
6,504
2,728,255
York Properties Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
4
Share capital
2016
2015
Allotted, called up and fully paid:
146 Ordinary shares of £1 each
146
146