Abbreviated Company Accounts - BENACHIE INVESTMENT COMPANY LIMITED

BENACHIE INVESTMENT COMPANY LIMITED - Company Information

00792044 BENACHIE INVESTMENT COMPANY LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 00792044 2014-07-01 2015-06-30 00792044 2015-06-30 00792044 2014-06-30 00792044 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 00792044 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 00792044

BENACHIE INVESTMENT COMPANY LIMITED

Abbreviated Accounts

30 June 2015

BENACHIE INVESTMENT COMPANY LIMITED Registered Number 00792044

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,227,500	470,500
		1,227,500	470,500
Current assets
Debtors		56,943	70,151
Cash at bank and in hand		24,494	10,108
		81,437	80,259
Creditors: amounts falling due within one year		(29,050)	(49,205)
Net current assets (liabilities)		52,387	31,054
Total assets less current liabilities		1,279,887	501,554
Total net assets (liabilities)		1,279,887	501,554
Capital and reserves
Called up share capital	3	30,690	30,690
Revaluation reserve		1,144,659	387,659
Profit and loss account		104,538	83,205
Shareholders' funds		1,279,887	501,554

For the year ending 30 June 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 15 March 2016

And signed on their behalf by:
Mrs J Fawcus, Director

BENACHIE INVESTMENT COMPANY LIMITED Registered Number 00792044

Notes to the Abbreviated Accounts for the period ended 30 June 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 rent received exclusive of VAT.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold 0% on cost
Plant and machinery 33% on cost
Fixtures, fittings & equipment

Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 July 2014	475,381
Additions	-
Disposals	-
Revaluations	757,000
Transfers	-
At 30 June 2015	1,232,381
Depreciation
At 1 July 2014	4,881
Charge for the year	-
On disposals	-
At 30 June 2015	4,881
Net book values
At 30 June 2015	1,227,500
At 30 June 2014	470,500

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
30,690 Ordinary shares of £1 each	30,690	30,690