Gloucestershire Properties (UK) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04212070 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31st May 2016

for

Gloucestershire Properties (UK) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P D R Yandell

SECRETARY:

Mrs B H Yandell

REGISTERED OFFICE:

3 Century Court

Tolpits Lane

Watford

Hertfordshire

WD18 9RS

REGISTERED NUMBER:

04212070 (England and Wales)

ACCOUNTANTS:

Dua & Co. Limited

3 Century Court

Tolpits Lane

Watford

Hertfordshire

WD18 9RS

FIXED ASSETS

Tangible assets

2

3,188,555

3,186,491

CURRENT ASSETS

Cash at bank

644,720

696,203

CREDITORS

Amounts falling due within one year

(105,877

)

(188,420

)

NET CURRENT ASSETS

538,843

507,783

TOTAL ASSETS LESS CURRENT LIABILITIES

3,727,398

3,694,274

CREDITORS

Amounts falling due after more than one year

(2,709,398

)

(2,720,091

)

NET ASSETS

1,018,000

974,183

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,017,998

974,181

SHAREHOLDERS' FUNDS

1,018,000

974,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and
of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13th February 2017 and were signed by:

P D R Yandell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting

Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sale of properties, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to

the profit and loss account in the period to which they relate.

Investment properties

In accordance with Statement of Standard Accounting Practice Number 19, investment properties are revalued annually.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

3,192,362

Additions

3,093

At 31st May 2016

3,195,455

DEPRECIATION

At 1st June 2015

5,871

Charge for year

1,029

At 31st May 2016

6,900

NET BOOK VALUE

At 31st May 2016

3,188,555

At 31st May 2015

3,186,491

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2