SLEC_PROPERTY_LIMITED - Accounts


Company Registration No. 08258222 (England and Wales)
SLEC PROPERTY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2014
SLEC PROPERTY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SLEC PROPERTY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2014
31 July 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Debtors
60,414
15,221
Cash at bank and in hand
4,681
13,626
65,095
28,847
Creditors: amounts falling due within one year
(31,612)
(9,595)
Total assets less current liabilities
33,483
19,252
Capital and reserves
Called up share capital
2
1
1
Profit and loss account
33,482
19,251
Shareholders'  funds
33,483
19,252
For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 30 April 2015
Mr B James
Ms O Sommung
Director
Director
Company Registration No. 08258222
SLEC PROPERTY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014
- 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).
1.2
Turnover

Turnover represents amounts receivable for goods and services and trade discounts.and trade discounts.

2
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary shares of 1p each
1
1
3
Related party relationships and transactions
Advances and credits granted to the directors during the year are outlined in the table below:
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr B James & Ms O Summong
-
-
14,699
-
-
0
14,699
-
14,699
-
-
14,699
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