Abbreviated Company Accounts - SOUTHDOWNS VILLAGE LIMITED

SOUTHDOWNS VILLAGE LIMITED - Company Information

Registered Number 02566997

SOUTHDOWNS VILLAGE LIMITED

Abbreviated Accounts

31 March 2016

SOUTHDOWNS VILLAGE LIMITED Registered Number 02566997

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,790,312	1,959,319
Investments	3	43,070	43,070
		1,833,382	2,002,389
Current assets
Debtors		40,706	243,514
Cash at bank and in hand		8,385,269	8,119,957
		8,425,975	8,363,471
Creditors: amounts falling due within one year		(3,014,201)	(3,353,835)
Net current assets (liabilities)		5,411,774	5,009,636
Total assets less current liabilities		7,245,156	7,012,025
Total net assets (liabilities)		7,245,156	7,012,025
Capital and reserves
Called up share capital		100	100
Profit and loss account		7,245,056	7,011,925
Shareholders' funds		7,245,156	7,012,025

For the year ending 31 March 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 1 December 2016

And signed on their behalf by:
P D Hensher, Director

SOUTHDOWNS VILLAGE LIMITED Registered Number 02566997

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

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is not provided in respect of Freehold Property

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,959,319
Additions	-
Disposals	(169,007)
Revaluations	-
Transfers	-
At 31 March 2016	1,790,312
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	1,790,312
At 31 March 2015	1,959,319

Depreciation is not provided on Freehold Property.

3Fixed assets Investments
Investments (neither listed nor unlisted) were as follows:
Property - shared equity