Charmark Properties Limited - Abbreviated accounts 16.1
Charmark Properties Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts For The Year Ended 31 March 2016 |
for |
Charmark Properties Limited |
Charmark Properties Limited (Registered number: 00107641) |
Contents of the Abbreviated Accounts |
For The Year Ended 31 March 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Charmark Properties Limited |
Company Information |
For The Year Ended 31 March 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Charmark Properties Limited (Registered number: 00107641) |
Abbreviated Balance Sheet |
31 March 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
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. |
Charmark Properties Limited (Registered number: 00107641) |
Abbreviated Balance Sheet - continued |
31 March 2016 |
The financial statements were approved by the Board of Directors on |
Charmark Properties Limited (Registered number: 00107641) |
Notes to the Abbreviated Accounts |
For The Year Ended 31 March 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January |
2015). |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at open market value. Any surplus or deficit arising from changes in market value |
is transferred to a revaluation reserve unless a deficit, or its reversal, on an individual investment property is |
expected to be permanent, in which case it is recognised in the profit and loss account for the year. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay |
more, or a right to pay less or to receive more tax, with the following exceptions: |
- Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed |
assets only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets |
concerned. |
- Deferred tax assets are only recognised to the extent that the directors consider that it is more likely than not |
that there will be suitable taxable profits from which the future reversal of the underlying timing differences can |
be deducted. |
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the period in |
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance |
sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2015 |
and 31 March 2016 |
DEPRECIATION |
At 1 April 2015 |
Charge for year |
At 31 March 2016 |
NET BOOK VALUE |
At 31 March 2016 |
At 31 March 2015 |
Charmark Properties Limited (Registered number: 00107641) |
Notes to the Abbreviated Accounts - continued |
For The Year Ended 31 March 2016 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1 April 2015 |
and 31 March 2016 |
NET BOOK VALUE |
At 31 March 2016 |
At 31 March 2015 |
4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
5. | CREDITORS |
Creditors include an amount of £ |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary shares | £1 |