BLUEBRIDGE_LIMITED - Accounts

BLUEBRIDGE LTD. - Company Information

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Company Registration No. 03001735 (England and Wales)

BLUEBRIDGE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Richard Anthony

Chartered Accountants

BLUEBRIDGE LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

BLUEBRIDGE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

525,000

Current assets

Cash at bank and in hand

2,317

2,372

Creditors: amounts falling due within one year

(70,562)

(25,259)

Net current liabilities

(68,245)

(22,887)

Total assets less current liabilities

456,755

502,113

Capital and reserves

Called up share capital

Revaluation reserve

221,950

Profit and loss account

234,803

280,161

Shareholders' funds

456,755

502,113

BLUEBRIDGE LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2015

- 2 -

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 12 September 2016

Mr R Kelly

Director

Company Registration No. 03001735

BLUEBRIDGE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Tangible fixed assets and depreciation

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2015 & at 31 December 2015

525,000

At 31 December 2014

525,000

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary Shares of £1 each

Ultimate parent company

The ultimate controlling party is R Kelly by virtue of his directorship and shareholdings.