Abbreviated Company Accounts - ASHLEY LODGE RH LIMITED

Abbreviated Company Accounts - ASHLEY LODGE RH LIMITED

ASHLEY LODGE RH LIMITED - Company Information

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Registered Number 05163604

ASHLEY LODGE RH LIMITED

Abbreviated Accounts

31 October 2015

ASHLEY LODGE RH LIMITED Registered Number 05163604

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,428,055 1,462,706
1,428,055 1,462,706
Current assets
Stocks 780 780
Debtors 467,978 413,283
Cash at bank and in hand - 1,526
468,758 415,589
Creditors: amounts falling due within one year 3 (155,873) (144,334)
Net current assets (liabilities) 312,885 271,255
Total assets less current liabilities 1,740,940 1,733,961
Creditors: amounts falling due after more than one year 3 (1,029,062) (1,051,602)
Total net assets (liabilities) 711,878 682,359
Capital and reserves
Called up share capital 2 2
Revaluation reserve 549,695 562,081
Profit and loss account 162,181 120,276
Shareholders' funds 711,878 682,359
  • For the year ending 31 October 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 1 July 2016

And signed on their behalf by:
Mr A Barwell, Director

ASHLEY LODGE RH LIMITED Registered Number 05163604

Notes to the Abbreviated Accounts for the period ended 31 October 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 comprises revenue recognised by the company in respect of services supplied.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold property - 2% straight line
Fixtures & fittings - 25% reducing balance
Other fixed assets - 2% straight line.

2Tangible fixed assets
£
Cost
At 1 November 2014 1,795,513
Additions 3,300
Disposals -
Revaluations -
Transfers -
At 31 October 2015 1,798,813
Depreciation
At 1 November 2014 332,807
Charge for the year 37,951
On disposals -
At 31 October 2015 370,758
Net book values
At 31 October 2015 1,428,055
At 31 October 2014 1,462,706
3Creditors
2015
£		 2014
£
Secured Debts 1,029,062 1,051,602
Instalment debts due after 5 years 860,334 887,512