Abbreviated Company Accounts - BROADOAK PARK PROPERTIES LIMITED

BROADOAK PARK PROPERTIES LIMITED - Company Information

02240941 BROADOAK PARK PROPERTIES LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 02240941 2014-11-01 2015-10-31 02240941 2015-10-31 02240941 2014-10-31 02240941 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 02240941 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 02240941

BROADOAK PARK PROPERTIES LIMITED

Abbreviated Accounts

31 October 2015

BROADOAK PARK PROPERTIES LIMITED Registered Number 02240941

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,809,295	2,250,177
		1,809,295	2,250,177
Current assets
Stocks		185,123	185,123
Debtors		1,265	2,128
Cash at bank and in hand		166,832	33,874
		353,220	221,125
Creditors: amounts falling due within one year		(6,595)	(12,004)
Net current assets (liabilities)		346,625	209,121
Total assets less current liabilities		2,155,920	2,459,298
Creditors: amounts falling due after more than one year		(1,745,764)	(2,068,398)
Total net assets (liabilities)		410,156	390,900
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		17,836	17,836
Revaluation reserve		299,911	338,960
Profit and loss account		91,409	33,104
Shareholders' funds		410,156	390,900

For the year ending 31 October 2015 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 8 June 2016

And signed on their behalf by:
Mr A W Bentley, Director

BROADOAK PARK PROPERTIES LIMITED Registered Number 02240941

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings freehold - Nil
Land and buildings leasehold - Nil
Plant and machinery - 20% straight line
Computer equipment - 33% straight line.

Other accounting policies
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.

2Tangible fixed assets

	£
Cost
At 1 November 2014	2,475,808
Additions	-
Disposals	(393,045)
Revaluations	(39,049)
Transfers	-
At 31 October 2015	2,043,714
Depreciation
At 1 November 2014	225,631
Charge for the year	8,788
On disposals	-
At 31 October 2015	234,419
Net book values
At 31 October 2015	1,809,295
At 31 October 2014	2,250,177

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000