Accounts filed on 31-03-2015

Accounts filed on 31-03-2015

STM 360 HOLDINGS LIMITED - Company Information

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21 C PROPERTIES LIMITED

Company Registration Number:
04497863 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2014

End date: 31 March 2015

21 C PROPERTIES LIMITED

Abbreviated Balance sheet

As at 31 March 2015


Notes
2015
£
2014
£
Fixed assets
Tangible assets: 2 1,021,453 1,021,453
Total fixed assets: 1,021,453 1,021,453
Current assets
Debtors: 5,153
Cash at bank and in hand: 25,739 29,912
Total current assets: 30,892 29,912
Creditors: amounts falling due within one year: 3 ( 21,899 ) ( 103,090 )
Net current assets (liabilities): 8,993 ( 73,178 )
Total assets less current liabilities: 1,030,446 948,275
Creditors: amounts falling due after more than one year: 4 ( 599,184 ) ( 857,805 )
Total net assets (liabilities): 431,262 90,470

The notes form part of these financial statements

21 C PROPERTIES LIMITED

Balance sheet continued

As at 31 March 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: 431,162 90,370
Shareholders funds: 431,262 90,470

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 29 December 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Gary Taylor
Status: Director

The notes form part of these financial statements

21 C PROPERTIES 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 investment properties in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008)

    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 included in the balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated, but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

21 C PROPERTIES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 2. Tangible assets

    Total
    Cost £
    01 April 2014: 1,021,453
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2015: 1,021,453
    Depreciation
    01 April 2014: 0
    Charge for year: 0
    On disposals: 0
    Other adjustments: 0
    31 March 2015: 0
    Net book value
    31 March 2015: 1,021,453
    31 March 2014: 1,021,453

21 C PROPERTIES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 3. Creditors: amounts falling due within one year


    2015
    £
    2014
    £
    Bank loans and overdrafts: 15,000 10,000
    Trade creditors: 3,440
    Taxation and social security: 3,459 7,394
    Other creditors: 85,696
    Total: 21,899 103,090

21 C PROPERTIES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 4. Creditors: amounts falling due after more than one year


    2015
    £
    2014
    £
    Bank loans and overdrafts: 377,395 397,037
    Other creditors: 221,789 460,768
    Total: 599,184 857,805

21 C PROPERTIES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100

21 C PROPERTIES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2015

  • 6. Related party disclosures

    Name of related party: Gary Taylor
    Relationship: Director
    Description of the transaction Loan to the company
    Balance at 01 April 2014 16,461
    Balance at 31 March 2015 16,461
    Name of related party: Charles Tweed
    Relationship: Director
    Description of the transaction Loan to the company
    Balance at 01 April 2014 16,461
    Balance at 31 March 2015 16,461
    Name of related party: Andrew Watson
    Relationship: Director
    Description of the transaction Loan to the company
    Balance at 01 April 2014 16,460
    Balance at 31 March 2015 16,460
    Name of related party: Strategic Energy Limited
    Relationship: Common control by directors
    Description of the transaction Loan to the company
    Balance at 01 April 2014 230,002
    Balance at 31 March 2015 0
    Name of related party: Strategic Property Management Ltd
    Relationship: Common control by directors
    Description of the transaction Loan to the company
    Balance at 01 April 2014 181,384
    Balance at 31 March 2015 172,407
    Name of related party: Strategic Team Maintenance Co Ltd
    Relationship: Common control by directors
    Description of the transaction Loan to the company
    Balance at 01 April 2014 85,697
    Balance at 31 March 2015 0