Antonia & Mo Property Monsters Limited - Limited company - abbreviated - 11.6
Antonia & Mo Property Monsters Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
FOR |
ANTONIA & MO PROPERTY MONSTERS LIMITED |
T/A |
AM:PM |
ANTONIA & MO PROPERTY MONSTERS LIMITED (REGISTERED NUMBER: 04914500) |
T/A AM:PM |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
ANTONIA & MO PROPERTY MONSTERS LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Business Advisers |
ANTONIA & MO PROPERTY MONSTERS LIMITED (REGISTERED NUMBER: 04914500) |
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ABBREVIATED BALANCE SHEET |
30 SEPTEMBER 2014 |
30.9.14 | 30.9.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 financial statements were approved by the Board of Directors on |
ANTONIA & MO PROPERTY MONSTERS LIMITED (REGISTERED NUMBER: 04914500) |
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NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have made an assessment about the company's ability to continue as a going concern and they do not |
consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. |
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 property sales and rents received. |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and market value, after making due allowance for obsolete items. The stock value of |
£20,000 reflects the freehold held which is anticipated to sell before September 2015. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 October 2013 |
and 30 September 2014 |
DEPRECIATION |
At 1 October 2013 |
Charge for year |
At 30 September 2014 |
NET BOOK VALUE |
At 30 September 2014 |
At 30 September 2013 |
3. | CREDITORS |
Creditors include an amount of £ |
ANTONIA & MO PROPERTY MONSTERS LIMITED (REGISTERED NUMBER: 04914500) |
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NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.14 | 30.9.13 |
value: | £ | £ |
Ordinary A | £1 |
Ordinary B | £1 |
4 | 4 |
5. | CONTROLLING PARTY |
6. | GOING CONCERN |
The company is no longer a going concern with liabilities far exceeding assets. The main asset of the company is the stock |
held as at the balance sheet date which consists of properties. |
The remainder of the assets and liabilities have been presented based on their actual balances without any adjustment in |
respect of the company no longer being a going concern as it is felt that these are accurate and do not differ significantly to |
if they were presented on a break up basis. |
7. | OTHER INCOME |
Other income of £617,913 consists of the following amounts: |
Balance of loan written of by Natwest Bank - £414,013.12 |
Compensation receipt - £203,900.00 |