Ackworth House Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01882070 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Ackworth House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs. S.L. Bradney

P.W. Bradney

SECRETARY:

Mr. P.W. Bradney

REGISTERED OFFICE:

Ackworth House,

The Beach,

Filey,

North Yorkshire,

YO14 9LA.

REGISTERED NUMBER:

01882070 (England and Wales)

ACCOUNTANTS:

Norrie Gibson & Co Limited

Chartered Accountants,

Grosvenor House,

100-102,Beverley Road,

Hull.

HU3 1YA

FIXED ASSETS

Tangible assets

2

1,490,631

1,496,412

CURRENT ASSETS

Stocks

2,083

1,795

Debtors

18,578

25,288

20,661

27,083

CREDITORS

Amounts falling due within one year

3

785,669

796,130

NET CURRENT LIABILITIES

(765,008

)

(769,047

)

TOTAL ASSETS LESS CURRENT LIABILITIES

725,623

727,365

CREDITORS

Amounts falling due after more than one year

3

21,333

27,685

NET ASSETS

704,290

699,680

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Revaluation reserve

404,175

404,175

Profit and loss account

299,115

294,505

SHAREHOLDERS' FUNDS

704,290

699,680

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 10 July 2015 and were signed on its behalf by:

Mrs. S.L. Bradney - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2014

and 31 March 2015

1,694,047

DEPRECIATION

At 1 April 2014

197,635

Charge for year

5,781

At 31 March 2015

203,416

NET BOOK VALUE

At 31 March 2015

1,490,631

At 31 March 2014

1,496,412

3.

CREDITORS

Creditors include an amount of £ 127,626 (2014 - £ 108,131 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary Shares

£1

1,000

1,000

5.	ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Curlew Associates Limited, a company registered in England.