BLONGY PROPERTY LIMITED - Abbreviated accounts

BLONGY PROPERTY LIMITED - Abbreviated accounts


Registered number
07858502
BLONGY PROPERTY LIMITED
Abbreviated Accounts
30 November 2015
BLONGY PROPERTY LIMITED
Registered number: 07858502
Abbreviated Balance Sheet
as at 30 November 2015
Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 173,766 173,766
Current assets
Cash at bank and in hand 2,636 1,535
Creditors: amounts falling due within one year (162,122) (166,443)
Net current liabilities (159,486) (164,908)
Net assets 14,280 8,858
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 14,180 8,758
Shareholders' funds 14,280 8,858
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 members have 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.
B Long
Director
Approved by the board on 24 February 2016
BLONGY PROPERTY LIMITED
Notes to the Abbreviated Accounts
for the year ended 30 November 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 of rental income received.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land and buildings Nil
2 Tangible fixed assets £
Cost
At 1 December 2014 173,766
At 30 November 2015 173,766
Depreciation
At 30 November 2015 -
Net book value
At 30 November 2015 173,766
At 30 November 2014 173,766
3 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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