Abbreviated Company Accounts - IMPERIAL (SOUTH WEST) LTD

Abbreviated Company Accounts - IMPERIAL (SOUTH WEST) LTD

IMPERIAL (SOUTH WEST) LTD - Company Information

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Registered Number 01945935

IMPERIAL (SOUTH WEST) LTD

Abbreviated Accounts

31 May 2015

IMPERIAL (SOUTH WEST) LTD Registered Number 01945935

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,831,453 2,834,128
2,831,453 2,834,128
Current assets
Debtors 62,979 61,814
62,979 61,814
Creditors: amounts falling due within one year (46,110) (61,310)
Net current assets (liabilities) 16,869 504
Total assets less current liabilities 2,848,322 2,834,632
Creditors: amounts falling due after more than one year (128,006) (147,506)
Total net assets (liabilities) 2,720,316 2,687,126
Capital and reserves
Called up share capital 100 100
Revaluation reserve 1,917,716 1,917,716
Profit and loss account 802,500 769,310
Shareholders' funds 2,720,316 2,687,126
  • For the year ending 31 May 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 18 January 2016

And signed on their behalf by:
Mr PF R Hawkins, Director

IMPERIAL (SOUTH WEST) LTD Registered Number 01945935

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amount chargeable, net of value added tax, in respect of rental income and the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected economic life

2Tangible fixed assets
£
Cost
At 1 June 2014 2,868,159
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 2,868,159
Depreciation
At 1 June 2014 34,031
Charge for the year 2,675
On disposals -
At 31 May 2015 36,706
Net book values
At 31 May 2015 2,831,453
At 31 May 2014 2,834,128