Arm Hill Limited - Limited company - abbreviated - 11.9

Arm Hill Limited - Limited company - abbreviated - 11.9

ARM HILL LIMITED - Company Information

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REGISTERED NUMBER: 01180800 (England and Wales)









ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

ARM HILL LIMITED

ARM HILL LIMITED (REGISTERED NUMBER: 01180800)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ARM HILL LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2016







DIRECTORS: Mr S A Blackwell
Mr A J Blackwell
Mrs J E Blackwell
Mrs J H Blackwell





SECRETARY: Mr S A Blackwell





REGISTERED OFFICE: 10 Market Square
Lytham
Lancashire
FY8 5LW





REGISTERED NUMBER: 01180800 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN
Page 1
ARM HILL LIMITED (REGISTERED NUMBER: 01180800)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

31.1.16 31.1.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 400,214 325,252

CURRENT ASSETS
Debtors 802 485
Cash at bank 15,368 44,804
16,170 45,289
CREDITORS
Amounts falling due within one year 38,197 69,815
NET CURRENT LIABILITIES (22,027 ) (24,526 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
378,187
300,726

PROVISIONS FOR LIABILITIES 49,701 46,274
NET ASSETS 328,486 254,452

CAPITAL AND RESERVES
Called up share capital 3 60 60
Investment property revaluation reserve 303,483 231,910
Profit and loss account 24,943 22,482
SHAREHOLDERS' FUNDS 328,486 254,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 24 March 2016 and were signed on its behalf by:




Mr A J Blackwell - Director


The notes form part of these abbreviated accounts

Page 2
ARM HILL LIMITED (REGISTERED NUMBER: 01180800)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 JANUARY 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Turnover
Turnover comprises rents receivable in respect of the company's freehold interests in land and buildings.

Tangible fixed assets and depreciation
Depreciation has been provided at the rate of 15% on a reducing balance basis in order to write down the cost of
fixtures and fittings over their expected useful lives.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Investment properties
In accordance with Statement of Standard Accounting Practice No. 19, the company's freehold properties are
held for long term investment and are included in the balance sheet at their open market value. Any surplus or
deficit on the revaluation of this property is transferred to Investment Property Revaluation Reserve.
Depreciation is not provided in respect of this property. The failure to provide depreciation is a departure from
statutory accounting principals, which require depreciation to be provided on all fixed assets. The directors
consider that this policy is necessary in order that the accounts may give a true and fair view because the
company's sole reason for being is to make investments and the current value of these investments is therefore of
prime importance whereas the mechanical calculation of an annual amount of depreciation is less relevant.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 February 2015 334,574
Revaluations 75,000
At 31 January 2016 409,574
DEPRECIATION
At 1 February 2015 9,322
Charge for year 38
At 31 January 2016 9,360
NET BOOK VALUE
At 31 January 2016 400,214
At 31 January 2015 325,252

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.16 31.1.15
value: £    £   
60 Ordinary £1 60 60

Page 3