Abbreviated Company Accounts - SALCOTT MANAGEMENT LIMITED

SALCOTT MANAGEMENT LIMITED - Company Information

05718285 SALCOTT MANAGEMENT LIMITED 2015-11-01 false 2014-11-02 2015-11-01 true 05718285 2014-11-02 2015-11-01 05718285 2015-11-01 05718285 2014-11-01 05718285 uk-gaap-cd-bus:Director1 2014-11-02 2015-11-01 05718285 uk-gaap-cd-bus:Director2 2014-11-02 2015-11-01 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-02 2015-11-01 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 iso4217:GBP shares

Registered Number 05718285

SALCOTT MANAGEMENT LIMITED

Abbreviated Accounts

1 November 2015

SALCOTT MANAGEMENT LIMITED Registered Number 05718285

Abbreviated Balance Sheet as at 1 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	360,000	360,000
		360,000	360,000
Current assets
Debtors		29,493	101,176
		29,493	101,176
Creditors: amounts falling due within one year	3	(46,657)	(82,863)
Net current assets (liabilities)		(17,164)	18,313
Total assets less current liabilities		342,836	378,313
Creditors: amounts falling due after more than one year	3	(303,783)	(313,458)
Total net assets (liabilities)		39,053	64,855
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		39,051	64,853
Shareholders' funds		39,053	64,855

For the year ending 1 November 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 October 2016

And signed on their behalf by:
Roland Spiers, Director

SALCOTT MANAGEMENT LIMITED Registered Number 05718285

Notes to the Abbreviated Accounts for the period ended 1 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax

Other accounting policies
Investment Property

The investment Property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

2Tangible fixed assets

	£
Cost
At 2 November 2014	360,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 1 November 2015	360,000
Depreciation
At 2 November 2014	-
Charge for the year	-
On disposals	-
At 1 November 2015	-
Net book values
At 1 November 2015	360,000
At 1 November 2014	360,000

3Creditors

	2015 £	2014 £
Secured Debts	320,205	329,700
Instalment debts due after 5 years	233,218	242,893

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2