Walkden Properties Limited - Period Ending 2015-03-31

Registration number: 00638032

Walkden Properties Limited
 
  Unaudited Abbreviated Accounts
 
  for the Year Ended 31 March 2015
 

Walkden Properties Limited
(Registration number: 00638032)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					4,941			6,688
Investments					148,487			85,704
					153,428			92,392
Current assets
Cash at bank and in hand					15,080			68,296
Creditors: Amounts falling due within one year					(8,660)			(2,910)
Net current assets					6,420			65,386
Net assets					159,848			157,778
Capital and reserves
Called up share capital		3			11,001			11,001
Profit and loss account					148,847			146,777
Shareholders' funds					159,848			157,778

The notes on pages 3 to 4 form an integral part of these financial statements.
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Walkden Properties Limited
(Registration number: 00638032)
Abbreviated Balance Sheet at 31 March 2015

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board and signed on its behalf by:

.........................................
H D Norgaard
Director

Date: 15 December 2015

The notes on pages 3 to 4 form an integral part of these financial statements.
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Walkden Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Land and Buildings	Straight line over 25 years

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any permanent diminution in value.

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Walkden Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 April 2014		43,679			85,704			129,383
Additions		-			63,140			63,140
Disposals		-			(357)			(357)
At 31 March 2015		43,679			148,487			192,166
Depreciation
At 1 April 2014		36,991			-			36,991
Charge for the year		1,747			-			1,747
At 31 March 2015		38,738			-			38,738
Net book value
At 31 March 2015		4,941			148,487			153,428
At 31 March 2014		6,688			85,704			92,392

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of of £1 each		11,001			11,001			11,001			11,001

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