ACCOUNTS - Final Accounts preparation

IAN ALEXANDER PROPERTY LIMITED - Company Information

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Registered number: 09510203

IAN ALEXANDER PROPERTY LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2016

IAN ALEXANDER PROPERTY LIMITED

REGISTERED NUMBER: 09510203

ABBREVIATED BALANCE SHEET

AS AT 31 MARCH 2016

2016

	Note	£	£
Fixed assets
Intangible assets	2		40,833

Current assets
Debtors	61,099
Cash at bank	1,263

	62,362
Creditors: amounts falling due within one year	(67,208)
Net current liabilities		(4,846)

Total assets less current liabilities

35,987

Creditors: amounts falling due after more than one year			(35,000)
Net assets			987

Capital and reserves
Called up share capital	3	100
Profit and loss account		887

Shareholders' funds

987

The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2016 and of its profit for the period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 22 November 2016.

N Saunders

Director

The notes on page 2 form part of these financial statements.

Page 1

IAN ALEXANDER PROPERTY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2016

1.Accounting Policies

	1.1	Basis of preparation of financial statements
		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 January 2015).

	1.2	Intangible fixed assets and amortisation
		Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

2.Intangible fixed assets

		£
	Cost
	At 25 March 2015	-
	Additions	52,500
	At 31 March 2016	52,500
	Amortisation
	At 25 March 2015	-
	Charge for the period	11,667
	At 31 March 2016	11,667

	Net book value
	At 31 March 2016	40,833

3.Share capital

			2016
			£
		Allotted, called up and fully paid

		60 Ordinary A shares of £1 each	60
		40 Ordinary B shares of £1 each	40

			100

During the period 60 Ordinary A shares of £1 each and 40 Ordinary B shares of £1 each were issued and fully paid.

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