Abbreviated Company Accounts - GERARD CAMERON PROPERTIES LIMITED

GERARD CAMERON PROPERTIES LIMITED - Company Information

SC192577 GERARD CAMERON PROPERTIES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true SC192577 2015-04-01 2016-03-31 SC192577 2016-03-31 SC192577 2015-03-31 SC192577 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC192577 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC192577

GERARD CAMERON PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

GERARD CAMERON PROPERTIES LIMITED Registered Number SC192577

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	220,000	220,000
		220,000	220,000
Current assets
Debtors		12,597	12,462
Cash at bank and in hand		11,130	8,537
		23,727	20,999
Creditors: amounts falling due within one year		(31,230)	(30,934)
Net current assets (liabilities)		(7,503)	(9,935)
Total assets less current liabilities		212,497	210,065
Total net assets (liabilities)		212,497	210,065
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		119,270	119,270
Profit and loss account		93,225	90,793
Shareholders' funds		212,497	210,065

For the year ending 31 March 2016 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 on 7 November 2016

And signed on their behalf by:
G J S CAMERON, Director

GERARD CAMERON PROPERTIES LIMITED Registered Number SC192577

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2015.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Investment property:
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Other accounting policies
Operating leases:
Rental applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 April 2015	220,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	220,000
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	220,000
At 31 March 2015	220,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2