Camargue Monks Brook Limited - Abbreviated accounts 16.1
Camargue Monks Brook Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| FOR |
| CAMARGUE MONKS BROOK LIMITED |
| CAMARGUE MONKS BROOK LIMITED (REGISTERED NUMBER: 05154820) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 5 |
| CAMARGUE MONKS BROOK LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| CAMARGUE MONKS BROOK LIMITED (REGISTERED NUMBER: 05154820) |
| ABBREVIATED BALANCE SHEET |
| 31 OCTOBER 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve | ( |
) | ( |
) |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| CAMARGUE MONKS BROOK LIMITED (REGISTERED NUMBER: 05154820) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| 1. | ACCOUNTING POLICIES |
| ACCOUNTING CONVENTION |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS |
| The financial statements contain information about Camargue Monks Brook Limited as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken the |
| option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| TURNOVER |
| Turnover represents amounts derived in respect of rental income and long term site development projects, and |
| is stated after any trade discounts, other sales taxes and net of VAT. Once the outcome of a project can be |
| reliably assessed in terms of a known purchaser and expected level of attributable profit, turnover is recognised |
| in the profit and loss account as contract activity progresses. The costs incurred in reaching that stage of |
| completion are matched with this turnover, leading to the reporting of results that can be attributed to the |
| proportion of work carried out to date. |
| INVESTMENT PROPERTY |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| Investment properties are revalued annually by the directors on an open market basis. No depreciation is |
| provided on the investment properties, as the directors have taken advantage of the exemptions with SSAP 19, |
| which represents a departure from the requirements of the Companies Act 2006. |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 November 2014 |
| and 31 October 2015 | 2,119,576 |
| PROVISIONS |
| At 1 November 2014 |
| and 31 October 2015 | 2,119,471 |
| NET BOOK VALUE |
| At 31 October 2015 |
| At 31 October 2014 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 211,567 | 212,110 |
| Loss for the year | (543 | ) | (4,025 | ) |
| CAMARGUE MONKS BROOK LIMITED (REGISTERED NUMBER: 05154820) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 5,843 | 6,540 |
| Loss for the year | (697 | ) | (23,266 | ) |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 November 2014 |
| Disposals | ( |
) |
| At 31 October 2015 |
| NET BOOK VALUE |
| At 31 October 2015 |
| At 31 October 2014 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 7. | ULTIMATE CONTROLLING PARTY |
| The parent company is Sheriol Thirty-Two Limited, a company wholly owned by Mr R T Sperring, a director of the |
| company. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| CAMARGUE MONKS BROOK LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Camargue Monks Brook Limited for the year ended 31 October 2015 which comprise the Profit |
| and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Camargue Monks Brook Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Camargue Monks Brook Limited and state those matters that we have agreed to state to the Board of Directors of Camargue Monks Brook Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Camargue Monks Brook Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Camargue Monks Brook Limited. You consider that Camargue Monks Brook Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Camargue Monks Brook Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| Date: ............................................. |