INVESTPROP LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08413799 (England and Wales)

INVESTPROP LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

21ST FEBRUARY 2013 TO 28TH FEBRUARY 2014

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Investments

2

2,500

CURRENT ASSETS

Debtors

3,228,571

CREDITORS

Amounts falling due within one year

(3,236,989

)

NET CURRENT LIABILITIES

(8,418

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,918

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(5,920

)

SHAREHOLDERS' FUNDS

(5,918

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 4th November 2014 and were signed on its behalf by:

Robert Gersohn - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on a going concern basis which assumes that the company will continue to

trade. The validity of this assumption is dependent on sufficient and continuing financial support being made

available by the ultimate owners. If the company were unable to continue to trade adjustments would have to be

made to reduce the value of assets to their realisable amount, to reclassify fixed assets as current assets, and to

provide for any further liabilities that may arise.

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 April 2008).

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

2,500

At 28th February 2014

2,500

NET BOOK VALUE

At 28th February 2014

2,500

The company's investments at the balance sheet date in the share capital of companies include the following:

Letaprop S.L

Country of incorporation: Spain

Nature of business: Construction

%

Class of shares:

holding

Ordinary shares

100.00

31.12.13

£

Aggregate capital and reserves

3,804,622

Loss for the year

(71,765

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary shares

1

2