Company Registration No. 05166847 (England and Wales)
THE PROPERTY COMMITMENT BOND COMPANY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
THE PROPERTY COMMITMENT BOND COMPANY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
THE PROPERTY COMMITMENT BOND COMPANY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
30 June 2015
- 1 -
2015
2014
Notes
£
£
£
£
Current assets
Cash at bank and in hand
138
138
Creditors: amounts falling due within one year
(16,131)
(15,591)
Total assets less current liabilities
(15,993)
(15,453)
Capital and reserves
Called up share capital
2
1
1
Profit and loss account
(15,994)
(15,454)
Shareholders' funds
(15,993)
(15,453)
For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 24 February 2016
A G Thompson
Director
Company Registration No. 05166847
THE PROPERTY COMMITMENT BOND COMPANY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company meets its day to day working capital requirements through
available funds and
the continued support of the director.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
2
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1
3
Control
The company is under the control of A G Thompson, a director, by virtue of his 100% shareholding.