Back Gate West Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08304341 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

Back Gate West Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr K F Boyle

Miss N E Norris

REGISTERED OFFICE:

c/o McDade Roberts Accountants Ltd

South Preston Office Village

4b Cuerden Way, Bamber Bridge

Preston

Lancashire

PR5 6BL

REGISTERED NUMBER:

08304341 (England and Wales)

ACCOUNTANTS:

McDade Roberts Accountants Limited

South Preston Office Village

4B Cuerden Way

Bamber Bridge

Preston

Lancashire

PR5 6BL

FIXED ASSETS

Tangible assets

2

4,662

4,326

Investment property

3

156,189

154,629

160,851

158,955

CURRENT ASSETS

Cash at bank

573

-

CREDITORS

Amounts falling due within one year

170,071

169,821

NET CURRENT LIABILITIES

(169,498

)

(169,821

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,647

)

(10,866

)

RESERVES

Profit and loss account

(8,647

)

(10,866

)

(8,647

)

(10,866

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 29 April 2016 and were signed on its behalf by:

Mr K F Boyle - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in market value is transferred to a revaluation reserve.

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 December 2014

5,407

Additions

1,773

At 30 November 2015

7,180

DEPRECIATION

At 1 December 2014

1,081

Charge for year

1,437

At 30 November 2015

2,518

NET BOOK VALUE

At 30 November 2015

4,662

At 30 November 2014

4,326

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 December 2014

154,629

Additions

1,560

At 30 November 2015

156,189

NET BOOK VALUE

At 30 November 2015

156,189

At 30 November 2014

154,629

4.	GOING CONCERN