BLUE_PLATEAU_LIMITED - Accounts
BLUE_PLATEAU_LIMITED - Accounts
Company Registration No. 04867394 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(46,976 )
(41,308 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 26 April 2016
Director
Company Registration No. 04867394
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Plant and machinery
Computer equipment
Investment properties are stated at cost less any permanent diminution in value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
This accounting policy is a departure from the Financial Reporting Standard for Smaller Entities (effective April 2008), and from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. It is also a departure from the requirement that investment properties should be included in the financial statements at open market value. The directors believe that the cost of revaluing the properties to be prohibitive and to outweigh any potential benefit to the users of the financial statements.
This accounting policy is a departure from the Financial Reporting Standard for Smaller Entities (effective April 2008), and from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. It is also a departure from the requirement that investment properties should be included in the financial statements at open market value. The directors believe that the cost of revaluing the properties to be prohibitive and to outweigh any potential benefit to the users of the financial statements.
1.5
Deferred taxation
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.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2014 & at 31 August 2015
752,099
Depreciation
At 1 September 2014
9,329
Charge for the year
6,609
At 31 August 2015
15,938
Net book value
At 31 August 2015
736,161
At 31 August 2014
742,770
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid