Registered Number 09331227
PROPERTY SELBY LIMITED
Abbreviated Accounts
30 November 2015
Notes | 2015 | ||
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£ | |||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The company started to trade on 19 February 2015 and has made a loss in its first period. It is expected to become profitable in the near future.
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).
Turnover policy
Tangible assets depreciation policy
Land and Buildings Leasehold To be depreciated on a straight line basis over 4 years commencing 1 December 2015.
Computer equipment 15% reducing balance
Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life commencing 1 December 2015.
£ | |
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Cost | |
Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 November 2015 |
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Amortisation | |
Charge for the year |
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On disposals |
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At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 110,000 |
£ | |
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Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 November 2015 |
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Depreciation | |
Charge for the year |
|
On disposals |
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At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 6,728 |