Abbreviated Company Accounts - BAAVLI PROPERTIES LTD

BAAVLI PROPERTIES LTD - Company Information

09457789 BAAVLI PROPERTIES LTD 2016-02-28 false 2015-02-25 2016-02-28 true 09457789 2015-02-25 2016-02-28 09457789 2016-02-28 09457789 uk-gaap-cd-bus:Director1 2015-02-25 2016-02-28 09457789 uk-gaap-cd-bus:Director2 2015-02-25 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-25 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 iso4217:GBP shares

Registered Number 09457789

BAAVLI PROPERTIES LTD

Abbreviated Accounts

28 February 2016

BAAVLI PROPERTIES LTD Registered Number 09457789

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	175,000
		175,000
Current assets
Cash at bank and in hand		1,509
		1,509
Creditors: amounts falling due within one year	3	(121,641)
Net current assets (liabilities)		(120,132)
Total assets less current liabilities		54,868
Creditors: amounts falling due after more than one year	3	(56,664)
Total net assets (liabilities)		(1,796)
Capital and reserves
Called up share capital	4	4
Profit and loss account		(1,800)
Shareholders' funds		(1,796)

For the year ending 28 February 2016 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 27 April 2016

And signed on their behalf by:
Mr Parvez Akhtar Khan, Director

BAAVLI PROPERTIES LTD Registered Number 09457789

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Buildings Held at cost

Other accounting policies
Going concern
The financial statements have been prepared on a going concern basis.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
Additions	175,000
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	175,000
Depreciation
Charge for the year	-
On disposals	-
At 28 February 2016	-
Net book values
At 28 February 2016	175,000

3Creditors

	2016 £
Secured Debts	56,664

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
4 Ordinary shares of £1 each	4