For the period ended 31 August 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09754584
Notes to the Abbreviated Financial Statements
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DE Property Limited
For the period ended 31 August 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods supplied by the company, net of Value Added Tax in the normal course of business.
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Deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
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Stocks are valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
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Allotted called up and fully paid
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2016
100
Ordinary shares of £
1
.
00
each
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100
100
100 Ordinary £1.00 shares have been issued during the period at par for a cash consideration of £100.
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