Bardney Manor Properties Limited - Period Ending 2014-06-30

Registration number: 4471337

Bardney Manor Properties Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2014
 

Bardney Manor Properties Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Bardney Manor Properties Limited
(Registration number: 4471337)
Abbreviated Balance Sheet at 30 June 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					17,540			15,648
Current assets
Stocks					19,131			9,509
Debtors					191,603			162,362
Cash at bank and in hand					3,641			897
					214,375			172,768
Creditors: Amounts falling due within one year					(140,384)			(126,766)
Net current assets					73,991			46,002
Net assets					91,531			61,650
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					91,431			61,550
Shareholders' funds					91,531			61,650

For the year ending 30 June 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 director acknowledges his 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 director on 20 March 2015

.........................................
Mr MJ Browne
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Bardney Manor Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixture and fittings	15% Reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. In case of long-term contract balances these are classified under the balance sheet heading of 'Stocks' and are stated at total costs incurred, net of amounts transferred to the profit and loss account in respect of construction work carried out to date, less foreseeable losses and applicable payments on account.

Page 2

Bardney Manor Properties Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2013		21,423			21,423
Additions		4,764			4,764
At 30 June 2014		26,187			26,187
Depreciation
At 1 July 2013		5,775			5,775
Charge for the year		2,872			2,872
At 30 June 2014		8,647			8,647
Net book value
At 30 June 2014		17,540			17,540
At 30 June 2013		15,648			15,648

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3