BALLANTYNE_PROPERTY_MANAG - Accounts

BALLANTYNE PROPERTY MANAGEMENT LTD - Company Information

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Company Registration No. SC286647 (Scotland)

BALLANTYNE PROPERTY MANAGEMENT LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

BALLANTYNE PROPERTY MANAGEMENT LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BALLANTYNE PROPERTY MANAGEMENT LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Current assets

Cash at bank and in hand

415

Creditors: amounts falling due within one year

(2,225)

(2,459)

Total assets less current liabilities

(1,810)

(2,443)

Capital and reserves

Called up share capital

100

Profit and loss account

(1,910)

(2,543)

Shareholders' funds

(1,810)

(2,443)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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;

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

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

Approved by the Board for issue on 23 August 2016

Mrs Gillian Smith

Director

Company Registration No. SC286647

BALLANTYNE PROPERTY MANAGEMENT LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 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 January 2015).

The company is reliant on the continued support of the directors. The directors have confirmed their intention to support the company. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

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

Turnover

Turnover represents rents received .rents received.

1.4

Revenue recognition

Revenue is recognised on the provision of management charges as it is invoiced, and rents as they are received.

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100