Abbreviated Company Accounts - 1-2-1 PROPERTY LTD

SC365334 1-2-1 PROPERTY LTD 2014-09-30 false 2013-10-01 2014-09-30 true SC365334 2013-10-01 2014-09-30 SC365334 2014-09-30 SC365334 2013-09-30 SC365334 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 SC365334 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number SC365334

1-2-1 PROPERTY LTD

Abbreviated Accounts

30 September 2014

1-2-1 PROPERTY LTD Registered Number SC365334

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		10,884	45,919
Cash at bank and in hand		5	-
		10,889	45,919
Creditors: amounts falling due within one year		(8,451)	(24,254)
Net current assets (liabilities)		2,438	21,665
Total assets less current liabilities		2,438	21,665
Creditors: amounts falling due after more than one year		0	(28,899)
Total net assets (liabilities)		2,438	(7,234)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		2,436	(7,236)
Shareholders' funds		2,438	(7,234)

For the year ending 30 September 2014 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 29 June 2015

And signed on their behalf by:
Tracey Lang, Director

1-2-1 PROPERTY LTD Registered Number SC365334

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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 is stated net of Value Added Tax, and is recognised as the revenue resulting from exchange transactions under which the company supplies to its customers the goods and services it is in business to provide.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2