BLYTHSWOOD_MANAGEMENT_LIM - Accounts

BLYTHSWOOD MANAGEMENT LIMITED - Company Information

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Company Registration No. 02355657 (England and Wales)

BLYTHSWOOD MANAGEMENT LIMITED

(A COMPANY LIMITED BY GUARANTEE)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

BLYTHSWOOD MANAGEMENT LIMITED

(A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BLYTHSWOOD MANAGEMENT LIMITED

(A COMPANY LIMITED BY GUARANTEE)

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

132,497

Net current assets

Total assets less current liabilities

132,497

Capital and reserves

Profit and loss account

132,497

Shareholders' funds

132,497

Audit exemption statement

For the financial year ended 30 June 2014 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 1 October 2014

P Ikumola

Director

Company Registration No. 02355657

BLYTHSWOOD MANAGEMENT LIMITED

(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Fixed assets

Tangible assets

Cost

At 1 July 2013 & at 30 June 2014

132,497

At 30 June 2013

132,497