Abbreviated Company Accounts - MORECAMBE BAY PROPERTY LTD

Abbreviated Company Accounts - MORECAMBE BAY PROPERTY LTD

MORECAMBE BAY PROPERTY LTD - Company Information

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Registered Number 08569173

MORECAMBE BAY PROPERTY LTD

Abbreviated Accounts

30 September 2015

MORECAMBE BAY PROPERTY LTD Registered Number 08569173

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 978 3,422
Tangible assets 3 10,127 11,267
11,105 14,689
Current assets
Debtors 63 27,840
Cash at bank and in hand 77,527 20,465
77,590 48,305
Creditors: amounts falling due within one year (61,869) (40,337)
Net current assets (liabilities) 15,721 7,968
Total assets less current liabilities 26,826 22,657
Total net assets (liabilities) 26,826 22,657
Capital and reserves
Called up share capital 4 4
Other reserves 22,746 -
Profit and loss account 4,076 22,653
Shareholders' funds 26,826 22,657
  • For the year ending 30 September 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 30 September 2015

And signed on their behalf by:
THOMAS DOBSON, Director

MORECAMBE BAY PROPERTY LTD Registered Number 08569173

Notes to the Abbreviated Accounts for the period ended 30 September 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 TO THE EXTENT THAT THE COMPANY HAS A RIGHT TO CONSIDERATION ARISING FROMT HE PERFORMANCE OF ITS CONTRACTUAL ARRANGEMENTS

Tangible assets depreciation policy
TANGIBLE FIXED ASSETS ARE STATED AT COST LESS DEPRECIATION. DEPRECIATION IS PROVIDED AT RATES CALCULATED TO WRITE OFF THE COST ESTIMATED RESIDUAL VAULE OF EACH ASSET OVER ITS EXPECTED LIFE

Intangible assets amortisation policy
GOODWILL OVER 3 YEARS

Valuation information and policy
NOT NECESSARY

2Intangible fixed assets
£
Cost
At 1 October 2014 3,422
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 3,422
Amortisation
At 1 October 2014 -
Charge for the year 2,444
On disposals -
At 30 September 2015 2,444
Net book values
At 30 September 2015 978
At 30 September 2014 3,422
3Tangible fixed assets
£
Cost
At 1 October 2014 11,267
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 11,267
Depreciation
At 1 October 2014 -
Charge for the year 1,140
On disposals -
At 30 September 2015 1,140
Net book values
At 30 September 2015 10,127
At 30 September 2014 11,267