32 Fitzjohns Avenue Limited - Abbreviated accounts 16.1
32 Fitzjohns Avenue Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
32 FITZJOHNS AVENUE LIMITED |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31ST JANUARY 2016 |
32 FITZJOHNS AVENUE LIMITED (REGISTERED NUMBER: 04142789) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST JANUARY 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
32 FITZJOHNS AVENUE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST JANUARY 2016 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
32 FITZJOHNS AVENUE LIMITED (REGISTERED NUMBER: 04142789) |
ABBREVIATED BALANCE SHEET |
31ST JANUARY 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 2 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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 financial statements were approved by the director on |
32 FITZJOHNS AVENUE LIMITED (REGISTERED NUMBER: 04142789) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31ST JANUARY 2016 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Turnover |
The turnover shown in the profit and loss account represents rent receivable. |
Investment properties |
Investment properties are shown at their open market value. The surplus or deficit arising from the annual |
revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual |
investment property is expected to be permanent, in which case it is recognised in the profit and loss account for |
the year. |
This is in accordance with the FRSSE which, unlike The Small Companies and Groups (Accounts and Directors' |
Report) Regulations 2008 of the Companies Act 2006, does not require depreciation of investment properties. |
Investment properties are held for their investment potential and not for use by the company and so their current |
value is of prime importance. The departure from the provisions of the Act is required in order to give a true and |
fair view. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st February 2015 |
and 31st January 2016 |
NET BOOK VALUE |
At 31st January 2016 |
At 31st January 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1 |