Abbreviated Company Accounts - BETTZ INVESTMENT AND MANAGEMENT LIMITED

BETTZ INVESTMENT AND MANAGEMENT LIMITED - Company Information

07311551 BETTZ INVESTMENT AND MANAGEMENT LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 07311551 2015-06-01 2016-05-31 07311551 2016-05-31 07311551 2015-05-31 07311551 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 07311551 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 07311551

BETTZ INVESTMENT AND MANAGEMENT LIMITED

Abbreviated Accounts

31 May 2016

BETTZ INVESTMENT AND MANAGEMENT LIMITED Registered Number 07311551

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	343,173	343,173
Investments	3	25,134	25,134
		368,307	368,307
Current assets
Debtors		69,345	43,945
Cash at bank and in hand		7,093	11,679
		76,438	55,624
Creditors: amounts falling due within one year		(218,172)	(201,173)
Net current assets (liabilities)		(141,734)	(145,549)
Total assets less current liabilities		226,573	222,758
Total net assets (liabilities)		226,573	222,758
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		225,573	221,758
Shareholders' funds		226,573	222,758

For the year ending 31 May 2016 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 18 October 2016

And signed on their behalf by:
C J S Betts, Director

BETTZ INVESTMENT AND MANAGEMENT LIMITED Registered Number 07311551

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and Include the results of the Company's operations which are described in the Director’s Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the
grounds that it is a small Company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and trade discounts.

Tangible/Intangible Fixed Assets and Depreciation

Fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and Fittings 10% Straight Line Basis
All Freehold Properties are stated at Cost / Valuation

Deferred Taxation

No provision is necessary

2Tangible fixed assets

	£
Cost
At 1 June 2015	343,173
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	343,173
Depreciation
At 1 June 2015	-
Charge for the year	-
On disposals	-
At 31 May 2016	-
Net book values
At 31 May 2016	343,173
At 31 May 2015	343,173

3Fixed assets Investments
Fixed Assets Investments are stated at cost less provision for diminution in value

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000