Abbreviated Company Accounts - HERBERT PROPERTIES LIMITED

COAN VENTURE MANAGEMENT LIMITED - Company Information

07843071 HERBERT PROPERTIES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07843071 2015-04-01 2016-03-31 07843071 2016-03-31 07843071 2015-03-31 07843071 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07843071 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 07843071

HERBERT PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

HERBERT PROPERTIES LIMITED Registered Number 07843071

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	624,112	247,237
		624,112	247,237
Current assets
Cash at bank and in hand		3,883	1,894
		3,883	1,894
Creditors: amounts falling due within one year	3	(353,617)	(282,400)
Net current assets (liabilities)		(349,734)	(280,506)
Total assets less current liabilities		274,378	(33,269)
Creditors: amounts falling due after more than one year	3	(185,000)	-
Total net assets (liabilities)		89,378	(33,269)
Capital and reserves
Called up share capital	4	1	1
Revaluation reserve		127,231	-
Profit and loss account		(37,854)	(33,270)
Shareholders' funds		89,378	(33,269)

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 30 December 2016

And signed on their behalf by:
C Herbert, Director

HERBERT PROPERTIES LIMITED Registered Number 07843071

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 2008.

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.

2Tangible fixed assets

	£
Cost
At 1 April 2015	247,237
Additions	249,644
Disposals	-
Revaluations	127,231
Transfers	-
At 31 March 2016	624,112
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	624,112
At 31 March 2015	247,237

3Creditors

	2016 £	2015 £
Secured Debts	185,000	-

4Called Up Share Capital
Allotted, called up and fully paid:

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