Citescapes Limited - Limited company - abbreviated

REGISTERED NUMBER: 03276939 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 June 2014

for

Citescapes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K Dickson

M McEvoy

SECRETARY:

K Dickson

REGISTERED OFFICE:

Triana

Church Lane

Lydiate

Liverpool

Merseyside

L31 4HL

REGISTERED NUMBER:

03276939 (England and Wales)

ACCOUNTANTS:

Gilby & Co

Rosehill House

Pygons Hill Lane

Lydiate

Merseyside

L31 4JF

FIXED ASSETS

Investment property

2

1,707,206

CURRENT ASSETS

Debtors

4,751

4,685

Cash at bank

16,341

20,420

21,092

25,105

CREDITORS

Amounts falling due within one year

158,997

166,284

NET CURRENT LIABILITIES

(137,905

)

(141,179

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,569,301

1,566,027

CREDITORS

Amounts falling due after more than one
year

38,882

108,708

NET ASSETS

1,530,419

1,457,319

CAPITAL AND RESERVES

Called up share capital

3

40

Revaluation reserve

624,236

Profit and loss account

906,143

833,043

SHAREHOLDERS' FUNDS

1,530,419

1,457,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 February 2015 and were signed on its behalf
by:

K Dickson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 July 2013

and 30 June 2014

1,707,206

NET BOOK VALUE

At 30 June 2014

1,707,206

At 30 June 2013

1,707,206

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

40

Ordinary

1

40

Citescapes Limited - Limited company - abbreviated - 11.6

Citescapes Limited - Limited company - abbreviated - 11.6