Accounts filed on 30-09-2015

Accounts filed on 30-09-2015

JUNIPER PARK PROPERTIES LIMITED - Company Information

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2014-10-012015-09-3002798134falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-10-012015-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32014-09-30http://www.companieshouse.gov.uk/2013-10-012014-09-30http://www.companieshouse.gov.uk/2014-10-012015-09-30http://www.companieshouse.gov.uk/2014-09-30http://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2014-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2015-09-30http://www.companieshouse.gov.uk/2014-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02798134
Bristol Assured Tenancies (No 3) Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015

Bristol Assured Tenancies (No 3) Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 September 2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 02798134

Bristol Assured Tenancies (No 3) Limited
Registered Number: 02798134
BALANCE SHEET AT 30 SEPTEMBER 2015
20152014
Notes££
FIXED ASSETS
Tangible assets2509,000470,000
CURRENT ASSETS
Debtors (amounts falling due within one year)33,0362,867
Cash at bank and in hand38,95927,457
41,99530,324
CREDITORS: Amounts falling due within one year4,1423,609
NET CURRENT ASSETS37,85326,715
TOTAL ASSETS LESS CURRENT LIABILITIES546,853496,715
CREDITORS: Amounts falling due after more than one year4273,544273,544
NET ASSETS273,309223,171
CAPITAL AND RESERVES
Called up share capital525,00025,000
Revaluation reserve,6220,184181,184
Profit and loss account28,12516,987
SHAREHOLDERS' FUNDS273,309223,171
For the year ending 30 September 2015 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 November 2015 and signed on their behalf by
Mrs R.A. Ingvaldson
Director

Bristol Assured Tenancies (No 3) Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The financial statements have been prepared under the historical cost convention (as modified to include the revaluation of certain fixed assets) and in accordance with the Financial Reporting Standard for Smaller Entities (effectiveApril 2008).
1b. Investment Properties
Investment properties are included in the financial statements at open market vacant possession value. The Director considers that the vacant possession value is the most appropriate for these purposes as the company's properties are unlikely to be realised under any other circumstances. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Rental Income
Rental income is the total amount derived from the provision of property for rental and it is recognised on a straight line basis over the term ot the tenancy.

Bristol Assured Tenancies (No 3) Limited
2. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 1 October 2014470,000470,000
Revaluation39,00039,000
At 30 September 2015509,000509,000
Depreciation
At 30 September 2015--
Net Book Amounts
At 30 September 2015509,000509,000
At 30 September 2014470,000470,000
All of the company's freehold property are investment properties and are let to third parties under operating leases. The historical cost of land and buildings is £288,816 and accumulated depreciation is nil.
The directors having considered the current economic climate and its effect on property prices, have valued the property at the balance sheet date on an untenanted basis.
3. DEBTORS 20152014
££
Amounts falling due within one year:
Other debtors3,0362,867
3,0362,867
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20152014
££
Bank loans and overdrafts273,544273,544
273,544273,544
The bank loan is secured

Bristol Assured Tenancies (No 3) Limited
5. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
10000 "A" Ordinary Shares of £1 each1000010000
7500 "B" Ordinary Shares of £1 each75007500
7500 Preference Shares of £1 each75007500
25,00025,000
6. REVALUATION RESERVE 20152014
££
Revaluation reserve220,184181,184
220,184181,184
The revaluation reserve reflects the surplus on revaluation of investment properties over their original cost.
The revaluation reserve has increased £39,000 (2014: £Nil) due to the change in value of the properties.
7. RELATED PARTY TRANSACTIONS
Mrs RA Ingvaldson, a director of the company, was also a director in the firm Jackson Property Management Limited which charged a fee of £3334 inc VAT (2014 - £2818 inc VAT) for rent collection and property management, of which £286 inc VAT (2014 - £238 inc VAT) was outstanding at the year end.
Mrs RA Ingvaldson was also a director in the firm Quince Park Associates Limited which charged a fee of £1020 inc VAT (2014 - £960 inc VAT) for bookkeeping and accountancy services, of which £1020 inc VAT (2014 - £960 inc VAT) was outstanding at the year end.
8. TURNOVER
The turnover and pre-tax result is attributable to the letting of residential properties on Assured Shorthold tenancies in the U.K..
20152014
££
Rent27,99027,056
27,99027,056