Bollingmore (Properties) Limited - Abbreviated accounts 16.1
Bollingmore (Properties) Limited - Abbreviated accounts 16.1
| BOLLINGMORE (PROPERTIES) LIMITED |
| Abbreviated Accounts |
| for the Year Ended 31 December 2015 |
| BOLLINGMORE (PROPERTIES) LIMITED (REGISTERED NUMBER: 01262847) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 December 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| BOLLINGMORE (PROPERTIES) LIMITED |
| Company Information |
| for the year ended 31 December 2015 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| BOLLINGMORE (PROPERTIES) LIMITED (REGISTERED NUMBER: 01262847) |
| Abbreviated Balance Sheet |
| 31 December 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investment property | 2 |
| Current assets |
| Debtors | 3 |
| Creditors |
| Amounts falling due within one year | 4 |
| Net current (liabilities)/assets | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
4 |
| Net assets |
| Capital and reserves |
| Called up share capital | 5 |
| 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 by: |
| BOLLINGMORE (PROPERTIES) LIMITED (REGISTERED NUMBER: 01262847) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2015 |
| 1. | Accounting policies |
| Basis of preparation of financial statements |
| The financial statements have been prepared under the historical cost convention as modified by the |
| revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller |
| Entities (effective January 2015). |
| Turnover |
| Turnover comprises revenue recognised by the company in respect of rental income receivable during the year, |
| exclusive of Value Added Tax. |
| Investment property |
| Investment properties are included in the balance sheet at their open market value in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective January 2015) and are not depreciated. This |
| treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in |
| the opinion of the directors, necessary in order to give a true and fair view of the financial position of the |
| company. |
| 2. | Investment property |
| Total |
| £ |
| Cost or valuation |
| At 1 January 2015 |
| and 31 December 2015 |
| Net book value |
| At 31 December 2015 |
| At 31 December 2014 |
| 3. | Debtors: amounts falling due after more than one year |
| The aggregate total of debtors falling due after more than one year is £ |
| 4. | Creditors |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 159,402 | 174,982 |
| 5. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |