Avonsdown Properties Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06992438 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

AVONSDOWN PROPERTIES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

S J J Mitchell

F G Collins

R W Hudd

SECRETARY:

F G Collins

REGISTERED OFFICE:

24 Queen Square

Bath

Somerset

BA1 2HY

REGISTERED NUMBER:

06992438 (England and Wales)

ACCOUNTANTS:

R S Porter & Co Limited

Albion Dockside Building

Hanover Place

Bristol

BS1 6UT

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Avonsdown Properties Limited for the year ended 30 April 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are

subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Avonsdown Properties Limited, as a body, in accordance with

the terms of our engagement letter dated 20 October 2010. Our work has been undertaken solely to prepare for your

approval the financial statements of Avonsdown Properties Limited and state those matters that we have agreed to

state to the Board of Directors of Avonsdown Properties Limited, as a body, in this report in accordance with AAF

2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Avonsdown Properties Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Avonsdown Properties Limited. You consider that Avonsdown Properties Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Avonsdown Properties

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

R S Porter & Co Limited

Albion Dockside Building

Hanover Place

Bristol

BS1 6UT

16 July 2015

FIXED ASSETS

Tangible assets

2

1,557,601

1,558,135

CURRENT ASSETS

Debtors

3,299

3,299

Cash at bank

19,148

9,093

22,447

12,392

CREDITORS

Amounts falling due within one year

(9,043

)

(31,377

)

NET CURRENT ASSETS/(LIABILITIES)

13,404

(18,985

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,571,005

1,539,150

CREDITORS

Amounts falling due after more than one year

(101,500

)

(101,500

)

NET ASSETS

1,469,505

1,437,650

CAPITAL AND RESERVES

Called up share capital

3

990,000

990,000

Revaluation reserve

310,742

310,742

Profit and loss account

168,763

136,908

SHAREHOLDERS' FUNDS

1,469,505

1,437,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 July 2015 and were signed on its behalf by:

F G Collins - 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).

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.

Freehold property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 May 2014

and 30 April 2015

1,565,000

DEPRECIATION

At 1 May 2014

6,865

Charge for year

534

At 30 April 2015

7,399

NET BOOK VALUE

At 30 April 2015

1,557,601

At 30 April 2014

1,558,135

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

990,000

Ordinary

£1

990,000

990,000