Admiral's Quay Management Limited - Period Ending 2015-12-31

Registration number: 02916056

Admiral's Quay Management Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

Matthews Cooper Limited
Chartered Accountants
52 Killigrew Street
Falmouth
Cornwall
TR11 3PP

Admiral's Quay Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Admiral's Quay Management Limited
(Registration number: 02916056)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					14,816			14,816
Current assets
Debtors					2,097			1,890
Cash at bank and in hand					59,356			63,062
					61,453			64,952
Creditors: Amounts falling due within one year					(664)			(903)
Net current assets					60,789			64,049
Net assets					75,605			78,865
Capital and reserves
Called up share capital		3			28			28
Profit and loss account					75,577			78,837
Shareholders' funds					75,605			78,865

For the year ending 31 December 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 11 March 2016 and signed on its behalf by:

.........................................
Mr CA Brown
Director

.........................................
Mr IA Johnson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Admiral's Quay Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

In the opinion of the Directors no depreciation of the assets is deemed appropriate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		14,816			14,816
At 31 December 2015		14,816			14,816
Depreciation
At 31 December 2015		-			-
Net book value
At 31 December 2015		14,816			14,816
At 31 December 2014		14,816			14,816

Page 2

Admiral's Quay Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		28			28			28			28

4

Control

The company is controlled by the shareholders.

Page 3