Abbreviated Company Accounts - BEACHGOLD PROPERTIES LTD

BEACHGOLD PROPERTIES LTD - Company Information

Registered Number 03533561

BEACHGOLD PROPERTIES LTD

Abbreviated Accounts

30 April 2016

BEACHGOLD PROPERTIES LTD Registered Number 03533561

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	98,951	98,951
		98,951	98,951
Current assets
Debtors		7,832	7,943
Cash at bank and in hand		4,293	5,785
		12,125	13,728
Creditors: amounts falling due within one year		(13,096)	(12,886)
Net current assets (liabilities)		(971)	842
Total assets less current liabilities		97,980	99,793
Creditors: amounts falling due after more than one year		(35,580)	(40,580)
Total net assets (liabilities)		62,400	59,213
Capital and reserves
Called up share capital		2	2
Profit and loss account		62,398	59,211
Shareholders' funds		62,400	59,213

For the year ending 30 April 2016 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 18 May 2016

And signed on their behalf by:
J STERN, Director

BEACHGOLD PROPERTIES LTD Registered Number 03533561

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - straight line

Other accounting policies
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Tangible fixed assets

	£
Cost
At 1 May 2015	98,951
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	98,951
Depreciation
At 1 May 2015	-
Charge for the year	-
On disposals	-
At 30 April 2016	-
Net book values
At 30 April 2016	98,951
At 30 April 2015	98,951