Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
STRATEGIC PROPERTY MANAGEMENT LIMITED
Company Registration Number:
04084478
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 April 2014
End date: 31 March 2015
STRATEGIC PROPERTY MANAGEMENT LIMITED
Abbreviated Balance sheet
As at
Notes |
2015 £ |
2014 £ |
|
---|---|---|---|
Fixed assets | |||
Intangible assets: |
|
||
Tangible assets: | 2 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Stocks: |
|
||
Debtors: |
|
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: |
(
|
(
|
|
Net current assets (liabilities): |
|
(
|
|
Total assets less current liabilities: |
|
|
|
Creditors: amounts falling due after more than one year: |
(
|
(
|
|
Total net assets (liabilities): |
|
|
The notes form part of these financial statements
STRATEGIC PROPERTY MANAGEMENT LIMITED
Balance sheet continued
As at 31 March 2015
Notes |
2015 £ |
2014 £ |
|
---|---|---|---|
Capital and reserves | |||
Called up share capital: | 3 |
|
|
Revaluation reserve: |
|
|
|
Profit and loss account: |
|
|
|
Shareholders funds: |
|
|
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
STRATEGIC PROPERTY MANAGEMENT LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2015
-
1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention as modified by the revaluation of the investment properties, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007). Turnover policy
Turnover comprises revenue recognised by the company in respect of property rentals in the year. Tangible fixed assets depreciation policy
Investment properties are held in the balance sheet at their open market value in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2007) and are not depreciated. This treatment is contrary to the Companies Act 1985 which states that fixed assets should be depreciated, but is, in the opinion of the directors necessary to give a true and fair view of the position of the company.
STRATEGIC PROPERTY MANAGEMENT LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 March 2015
-
2. Tangible assets
Total Cost £ 01 April 2014: 1,024,355 Additions: 0 Disposals: ( 263,181 )Revaluations: 0 Transfers: 0 31 March 2015: 761,174 Depreciation 01 April 2014: 19,975 Charge for year: 6,660 On disposals: 0 Other adjustments: 0 31 March 2015: 26,635 Net book value 31 March 2015: 734,539 31 March 2014: 1,004,380