Abbreviated Company Accounts - PROPERTY LETTING GLASGOW LTD

PROPERTY LETTING GLASGOW LTD - Company Information

SC517344 PROPERTY LETTING GLASGOW LTD 2016-10-31 false 2015-10-07 2016-10-31 true SC517344 2015-10-07 2016-10-31 SC517344 2016-10-31 SC517344 uk-gaap-cd-bus:Director1 2015-10-07 2016-10-31 SC517344 uk-gaap-cd-bus:Director2 2015-10-07 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-07 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 iso4217:GBP shares

Registered Number SC517344

PROPERTY LETTING GLASGOW LTD

Abbreviated Accounts

31 October 2016

PROPERTY LETTING GLASGOW LTD Registered Number SC517344

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	523
		523
Current assets
Debtors		2,018
Cash at bank and in hand		605
		2,623
Creditors: amounts falling due within one year		(14,121)
Net current assets (liabilities)		(11,498)
Total assets less current liabilities		(10,975)
Total net assets (liabilities)		(10,975)
Capital and reserves
Called up share capital	3	100
Profit and loss account		(11,075)
Shareholders' funds		(10,975)

For the year ending 31 October 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 28 June 2017

And signed on their behalf by:
Emma Morris, Director

PROPERTY LETTING GLASGOW LTD Registered Number SC517344

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - Website 50% straight line

Other accounting policies
Deferred taxation
The company adopted Financial Reporting Standard 19 "Deferred Taxation" (FRS 19) during the
financial year.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date where transactions or events have occurred at that date that will result in an
obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
Additions	947
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	947
Depreciation
Charge for the year	424
On disposals	-
At 31 October 2016	424
Net book values
At 31 October 2016	523

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

	2016 £
100 Ordinary shares of £1 each	100