Boconnoc Estate Holidays Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04467319

Boconnoc Estate Holidays Limited

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Sir J C Parsons

Mrs E A E Fortescue

Miss C E Fortescue

REGISTERED OFFICE:

12 Southgate Street

LAUNCESTON

Cornwall

PL15 9DP

REGISTERED NUMBER:

04467319

ACCOUNTANTS:

Hodgsons

Chartered Accountants

12 Southgate Street

Launceston

Cornwall

PL15 9DP

FIXED ASSETS

Tangible assets

2

12,544

7,577

CURRENT ASSETS

Debtors

28,376

22,197

Cash at bank and in hand

23,989

21,689

52,365

43,886

CREDITORS

Amounts falling due within one year

36,012

42,862

NET CURRENT ASSETS

16,353

1,024

TOTAL ASSETS LESS CURRENT
LIABILITIES

28,897

8,601

PROVISIONS FOR LIABILITIES

1,785

633

NET ASSETS

27,112

7,968

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

27,012

7,868

SHAREHOLDERS' FUNDS

27,112

7,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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 6th June 2016 and were signed on its behalf by:

Mrs E A E Fortescue - 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 rents receivable and holiday letting income. Income is recognised when the service is

provided, not on the receipt of cash.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Depreciation has been applied and pro-rated from the month in which the acquisition took place.

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 1st April 2015

34,450

Additions

7,065

At 31st March 2016

41,515

DEPRECIATION

At 1st April 2015

26,873

Charge for year

2,098

At 31st March 2016

28,971

NET BOOK VALUE

At 31st March 2016

12,544

At 31st March 2015

7,577

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100