| Belverton Limited |
| Registered number: |
07268367 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,658,938 |
|
|
1,350,069 |
|
| Current assets |
| Debtors |
|
|
89,725 |
|
|
159,725 |
| Cash at bank and in hand |
|
|
1,040,365 |
|
|
14,936 |
|
|
|
1,130,090 |
|
|
174,661 |
|
| Creditors: amounts falling due within one year |
|
|
(1,378,547) |
|
|
(416,293) |
|
| Net current liabilities |
|
|
|
(248,457) |
|
|
(241,632) |
|
| Total assets less current liabilities |
|
|
|
1,410,481 |
|
|
1,108,437 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(892,924) |
|
|
(711,605) |
|
|
|
| Net assets |
|
|
|
517,557 |
|
|
396,832 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
517,556 |
|
|
396,831 |
|
| Shareholder's funds |
|
|
|
517,557 |
|
|
396,832 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Nilesh Patel |
| Director |
| Approved by the board on 31 December 2015 |
|
| Belverton Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts of services provided to customers and rent receivable for the year. |
|
|
Investment property |
|
Depreciation is not provided in respect of freehold investment properties, or in respect of leasehold investment properties where the unexpired term of the lease is more than 20 years. The directors consider that this accounting policy, which represents a departure from the statutory accounting rules, is necessary to provide a true and fair view as required under SSAP 19 "Accounting for investment properties". The financial effect of the departure from the statutory accounting rules is not material. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
1,350,069 |
|
Additions |
308,869 |
|
At 31 March 2015 |
1,658,938 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
1,658,938 |
|
At 31 March 2014 |
1,350,069 |
|
|
|
|
|
|
|
|
| 3 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
1,323,213 |
|
729,605 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
