Registered Number 04611728

ARK RESIDENTIAL LETTING LTD

Abbreviated Accounts

31 December 2012

ARK RESIDENTIAL LETTING LTD Registered Number 04611728

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 6,202 7,764
6,202 7,764
Current assets
Debtors 1,821 4,890
Cash at bank and in hand 79,607 77,114
81,428 82,004
Creditors: amounts falling due within one year (62,597) (55,831)
Net current assets (liabilities) 18,831 26,173
Total assets less current liabilities 25,033 33,937
Provisions for liabilities (1,075) (1,350)
Total net assets (liabilities) 23,958 32,587
Capital and reserves
Called up share capital 1 1
Profit and loss account 23,957 32,586
Shareholders' funds 23,958 32,587
  • For the year ending 31 December 2012 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 20 September 2013

And signed on their behalf by:
KL Haley, Director
JE Mitcheson, Director

ARK RESIDENTIAL LETTING LTD Registered Number 04611728

Notes to the Abbreviated Accounts for the period ended 31 December 2012

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 gross invoiced sales including value added tax, less payments made under the value added tax flat rate repayment scheme.

Tangible assets depreciation policy
Depreciation is provided at the annual rate of 25% on a reducing balance basis in order to write off each asset over its estimated useful life.

Intangible assets amortisation policy
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the estimated period of the lease.

2Tangible fixed assets
£
Cost
At 1 January 2012 23,390
Additions 506
Disposals -
Revaluations -
Transfers -
At 31 December 2012 23,896
Depreciation
At 1 January 2012 15,626
Charge for the year 2,068
On disposals -
At 31 December 2012 17,694
Net book values
At 31 December 2012 6,202
At 31 December 2011 7,764