Balanceland Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01675700 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Balanceland Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L Land

C G Land

SECRETARY:

L Land

REGISTERED OFFICE:

4 Stirling House

Sunderland Quay, Culpeper Close

Medway City Estate

Rochester

Kent

ME2 4HN

REGISTERED NUMBER:

01675700 (England and Wales)

ACCOUNTANTS:

Sinden Thackeray Partnership

Stirling House

Sunderland Quay

Culpeper Close

Rochester

Kent

ME2 4HN

FIXED ASSETS

Tangible assets

2

1,134

1,418

CURRENT ASSETS

Cash at bank

5,637

22,024

CREDITORS

Amounts falling due within one year

3,222

3,013

NET CURRENT ASSETS

2,415

19,011

TOTAL ASSETS LESS CURRENT LIABILITIES

3,549

20,429

PROVISIONS FOR LIABILITIES

227

284

NET ASSETS

3,322

20,145

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

3,320

20,143

SHAREHOLDERS' FUNDS

3,322

20,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 10 May 2016 and were signed on its behalf by:

L Land - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

16,770

DEPRECIATION

At 1 January 2015

15,352

Charge for year

284

At 31 December 2015

15,636

NET BOOK VALUE

At 31 December 2015

1,134

At 31 December 2014

1,418

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

2

Ordinary

£1

2

2