Registered Number 05489397


Abbreviated Accounts

30 June 2015

A & M DALE PROPERTIES LIMITED Registered Number 05489397

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 - 72,500
- 72,500
Current assets
Cash at bank and in hand 38 26
38 26
Creditors: amounts falling due within one year (1,200) (1,873)
Net current assets (liabilities) (1,162) (1,847)
Total assets less current liabilities (1,162) 70,653
Creditors: amounts falling due after more than one year (35,875) (106,433)
Total net assets (liabilities) (37,037) (35,780)
Capital and reserves
Called up share capital 3 60 60
Other reserves 0 (27,782)
Profit and loss account (37,097) (8,058)
Shareholders' funds (37,037) (35,780)
  • For the year ending 30 June 2015 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 14 March 2016

And signed on their behalf by:
M J Dale, Director

A & M DALE PROPERTIES LIMITED Registered Number 05489397

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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 rent received and is recognised on an accruals basis.

Tangible assets depreciation policy
The investment property is revalued annually at its open market value in accordance with FRSSE (effective April 2008). Any surplus or deficit on revaluation is transferred to a revaluation reserve except where the deficit permanently reduces the property below its historical cost, in which case it is taken to the profit and loss account.

No depreciation is provided on the investment property which is a departure from the requirements of the Companies Act 2006. In the opinion of the director the property is held primarily for its investment potential and so to depreciate it would not give a true and fair view. The provisions of FRSSE (effective April 2008) in respect of investment properties have therefore been adopted in order to give a true and fair view.

Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets
At 1 July 2014 72,500
Additions -
Disposals (72,500)
Revaluations -
Transfers -
At 30 June 2015 0
At 1 July 2014 -
Charge for the year -
On disposals -
At 30 June 2015 -
Net book values
At 30 June 2015 0
At 30 June 2014 72,500
3Called Up Share Capital
Allotted, called up and fully paid:
60 Ordinary shares of £1 each 60 60