Boconnoc House Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04600431 (England and Wales)

Boconnoc House 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:

Mrs E A E Fortescue

Miss C E Fortescue

SECRETARY:

Mrs E A E Fortescue

REGISTERED OFFICE:

12 Southgate Street

LAUNCESTON

Cornwall

PL15 9DP

REGISTERED NUMBER:

04600431 (England and Wales)

ACCOUNTANTS:

Hodgsons

Chartered Accountants

12 Southgate Street

LAUNCESTON

Cornwall

PL15 9DP

FIXED ASSETS

Tangible assets

2

367,351

363,086

CURRENT ASSETS

Debtors

12,473

31,912

Cash at bank

174,059

61,078

186,532

92,990

CREDITORS

Amounts falling due within one year

279,181

293,535

NET CURRENT LIABILITIES

(92,649

)

(200,545

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

274,702

162,541

CREDITORS

Amounts falling due after more than one
year

3

550,000

NET LIABILITIES

(275,298

)

(387,459

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(276,298

)

(388,459

)

SHAREHOLDERS' FUNDS

(275,298

)

(387,459

)

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 income net of VAT from visitors and from functions held within the property. 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.

Improvements to leasehold property

-

over the term of the lease

Plant and machinery

-

25% on reducing balance and 10% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

489,059

Additions

35,426

At 31st March 2016

524,485

DEPRECIATION

At 1st April 2015

125,973

Charge for year

31,161

At 31st March 2016

157,134

NET BOOK VALUE

At 31st March 2016

367,351

At 31st March 2015

363,086

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable otherwise than by instalments

550,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

£1

1,000