MEDWAY LETTINGS LTD Accounts filed on 28-02-2016
MEDWAY LETTINGS LTD Accounts filed on 28-02-2016
MEDWAY LETTINGS LTD
Company Registration Number:
05705558 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st March 2015
End date: 28th February 2016
SUBMITTED
MEDWAY LETTINGS LTD
Company Information
for the Period Ended
28th February 2016
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MEDWAY LETTINGS LTD
Abbreviated Balance sheet
As at 28th February 2016
| Notes | 2016 £ |
2015 £ |
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| Fixed assets | |||
| Tangible assets: | 2 |
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| Total fixed assets: |
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| Cash at bank and in hand: |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
MEDWAY LETTINGS LTD
Abbreviated Balance sheet
As at 28th February 2016
continued
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2015 £ |
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| Capital and reserves | |||
| Called up share capital: | 3 |
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| Revaluation reserve: |
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| Profit and Loss account: |
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| Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Allan Davies
Status: Director
The notes form part of these financial statements
MEDWAY LETTINGS LTD
Notes to the Abbreviated Accounts
for the Period Ended
28th February 2016
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover policy
Turnover comprises of providing rental accommodation supplied by the company, net of Value Added Tax Tangible fixed assets depreciation policy
Property is fairly new and no depreciation as yet Intangible fixed assets amortisation policy
intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Valuation information and policy
Current market value has not changed since purchase
MEDWAY LETTINGS LTD
Notes to the Abbreviated Accounts
for the Period Ended
28th February 2016
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2. Tangible assets
Total Cost £ At 01st March 2015: 182,000 Revaluations: 3,000 At 28th February 2016: 185,000 Net book value At 28th February 2016: 185,000 At 28th February 2015: 182,000