Avonthorn Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02987750 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

Avonthorn Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S F Ratcliffe

SECRETARY:

Price Deacon Witham Limited

REGISTERED OFFICE:

9 Millar Court

43 Station Road

Kenilworth

Warwickshire

CV8 1JD

REGISTERED NUMBER:

02987750 (England and Wales)

ACCOUNTANTS:

Price Deacon Witham Ltd

Chartered Accountants

Millar Court

43 Station Road

Kenilworth

Warwickshire

CV8 1JD

FIXED ASSETS

Tangible assets

2

65,717

66,551

CURRENT ASSETS

Debtors

2,269

2,180

Cash at bank

119

603

2,388

2,783

CREDITORS

Amounts falling due within one year

49,630

48,515

NET CURRENT LIABILITIES

(47,242

)

(45,732

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,475

20,819

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

18,473

20,817

SHAREHOLDERS' FUNDS

18,475

20,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 October 2016 and were signed by:

S F Ratcliffe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

This represents rental income received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

The accounts have been prepared on a going concern basis on the understanding that the director continues with

his financial support.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

83,384

DEPRECIATION

At 1 April 2015

16,833

Charge for year

834

At 31 March 2016

17,667

NET BOOK VALUE

At 31 March 2016

65,717

At 31 March 2015

66,551

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year £7,000 was paid to Mr S F Ratcliffe by way of dividend. At the balance sheet date, the company

owed Mr S F Ratcliffe £508.

At the balance sheet date, the company was owed £1,762 by Vicarage Holdings Limited and owed £47,208 to G

H Ratcliffe Investments Limited. Both these companies are controlled by Mr S F Ratcliffe.