REGISTERED NUMBER: 09152793 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

30 July 2014 to 31 December 2015

for

68 Property Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A E Frost

E J Gray

REGISTERED OFFICE:

33 Short Walk

Butley, Woodbridge

Suffolk

IP12 3NU

REGISTERED NUMBER:

09152793 (England and Wales)

ACCOUNTANTS:

Pinfold & Co

Chartered Accountants

8 Deben Mill Business Centre

Old Maltings Approach

Woodbridge

Suffolk

IP12 1BL

FIXED ASSETS

Investment property

2

75,929

CURRENT ASSETS

Debtors

56

Cash in hand

2

58

CREDITORS

Amounts falling due within one year

74,529

NET CURRENT LIABILITIES

(74,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,458

CAPITAL AND RESERVES

Called up share capital

3

3

Profit and loss account

1,455

SHAREHOLDERS' FUNDS

1,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 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 21 March 2016 and were signed on its behalf by:

E J Gray - 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 April 2008).

Turnover

The turnover represents net invoiced sales of services, excluding value added tax, arising from rental income.

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.

Deferred tax

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 that result in an obligation to pay more tax in the future, or a right to pay

less tax in the future, have occurred at the balance sheet date. Timing differences are differences between the

company’s taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average rates that are expected to apply in the periods in which the timing

differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

75,929

At 31 December 2015

75,929

NET BOOK VALUE

At 31 December 2015

75,929

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

2

'A' Ordinary

£1

2

3

The following shares were allotted and fully paid for cash at par during the period:

1 Ordinary shares of £1 each

2 'A' Ordinary shares of £1 each