| The Bournemouth Maemar Hotel Limited |
| Registered number: |
06716012 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,034,540 |
|
|
1,040,103 |
|
| Current assets |
| Debtors |
|
|
238,500 |
|
|
260,500 |
| Cash at bank and in hand |
|
|
38,702 |
|
|
24,745 |
|
|
|
277,202 |
|
|
285,245 |
|
| Creditors: amounts falling due within one year |
|
|
(836,639) |
|
|
(956,602) |
|
| Net current liabilities |
|
|
|
(559,437) |
|
|
(671,357) |
|
| Net assets |
|
|
|
475,103 |
|
|
368,746 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
475,099 |
|
|
368,742 |
|
| Shareholders' funds |
|
|
|
475,103 |
|
|
368,746 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Nilesh Patel |
| Director |
| Approved by the board on 25 October 2016 |
|
| The Bournemouth Maemar Hotel Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures & fittings |
25% reducing balance |
|
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
75,000 |
|
At 31 March 2016 |
75,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
75,000 |
|
At 31 March 2016 |
75,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
1,142,853 |
|
At 31 March 2016 |
1,142,853 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
102,750 |
|
Charge for the year |
5,563 |
|
At 31 March 2016 |
108,313 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1,034,540 |
|
At 31 March 2015 |
1,040,103 |
|
|
|
|
|
|
|
|
| 4 |
Loans |
2016 |
|
2015 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
734,436 |
|
829,261 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
4 |
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
