INNMANAGER_LIMITED - Accounts

INNMANAGER LIMITED - Company Information

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Company Registration No. 04927256 (England and Wales)

INNMANAGER LIMITED

THE BISHOPSTON VALLEY HOTEL

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2014

INNMANAGER LIMITED

THE BISHOPSTON VALLEY HOTEL

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

INNMANAGER LIMITED

THE BISHOPSTON VALLEY HOTEL

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

1,187

1,510

Current assets

Stocks

6,725

6,059

Debtors

3,074

4,329

Investments

6,051

6,039

Cash at bank and in hand

23,766

6,280

39,616

22,707

Creditors: amounts falling due within one year

(36,005)

(23,530)

Net current assets/(liabilities)

3,611

(823)

Total assets less current liabilities

4,798

687

Capital and reserves

Called up share capital

Profit and loss account

4,796

685

Shareholders' funds

4,798

687

For the financial year ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 July 2015

Mrs V Halsey

Director

Company Registration No. 04927256

INNMANAGER LIMITED

THE BISHOPSTON VALLEY HOTEL

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% p.a. on cost

1.5

Investments

Current asset investments are stated at the lower of cost and net realisable value.

Fixed assets

Tangible assets

Cost

At 1 November 2013 & at 31 October 2014

28,412

Depreciation

At 1 November 2013

26,902

Charge for the year

323

At 31 October 2014

27,225

Net book value

At 31 October 2014

1,187

At 31 October 2013

1,510

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary of £1 each

Related party relationships and transactions

INNMANAGER LIMITED

THE BISHOPSTON VALLEY HOTEL

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2014

Related party relationships and transactions

(Continued)

- 3 -

Loans to directors

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mrs V Halsey -

1,112