Abbreviated Company Accounts - MAPLETON HOUSE FREEHOLDERS LIMITED

MAPLETON HOUSE FREEHOLDERS LIMITED - Company Information

Registered Number 06969287

MAPLETON HOUSE FREEHOLDERS LIMITED

Abbreviated Accounts

31 March 2016

MAPLETON HOUSE FREEHOLDERS LIMITED Registered Number 06969287

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	50,094	50,094
		50,094	50,094
Current assets
Cash at bank and in hand		902	2,270
		902	2,270
Creditors: amounts falling due within one year		(10,202)	(11,938)
Net current assets (liabilities)		(9,300)	(9,668)
Total assets less current liabilities		40,794	40,426
Total net assets (liabilities)		40,794	40,426
Capital and reserves
Called up share capital		10	10
Share premium account		38,654	38,654
Profit and loss account		2,130	1,762
Shareholders' funds		40,794	40,426

For the year ending 31 March 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 11 May 2016

And signed on their behalf by:
M J CARROLL, Director

MAPLETON HOUSE FREEHOLDERS LIMITED Registered Number 06969287

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Tangible fixed assets

	£
Cost
At 1 April 2015	50,094
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	50,094
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	50,094
At 31 March 2015	50,094

No provision has been made for depreciation in respect of the freehold building as the company has a policy and practice of regular repair and maintenance. As a consequence, in the opinion of the directors, any depreciation charge and accumulated depreciation would be immaterial due to the long useful life and high residual value of the property. Carrying values are reviewed for impairment annually.