Abbreviated Company Accounts - BERKSHIRE PROPERTY MEET LTD

Abbreviated Company Accounts - BERKSHIRE PROPERTY MEET LTD

THE FUTURE IS PURPLE LIMITED - Company Information

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Registered Number 07535058

BERKSHIRE PROPERTY MEET LTD

Abbreviated Accounts

31 March 2016

BERKSHIRE PROPERTY MEET LTD Registered Number 07535058

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 - -
Tangible assets 3 - 423
Investments - -
- 423
Current assets
Stocks - -
Debtors 3,198 114
Investments - -
Cash at bank and in hand 17,252 65,923
20,450 66,037
Prepayments and accrued income - -
Creditors: amounts falling due within one year (19,783) (65,429)
Net current assets (liabilities) 667 608
Total assets less current liabilities 667 1,031
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 (85)
Total net assets (liabilities) 667 946
Capital and reserves
Called up share capital 4 2 2
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 665 944
Shareholders' funds 667 946
  • 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 30 November 2016

And signed on their behalf by:
Mr J. Rai, Director
Mrs J. Rai, Director

BERKSHIRE PROPERTY MEET LTD Registered Number 07535058

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 January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 1/3 straight line
Fixtures, fittings & equipment 1/3 straight line

Intangible assets amortisation policy
Goodwill
Goodwill is written off in equal annual instalments over its estimated useful economic life of 3 years.

Other accounting policies
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).

2Intangible fixed assets
£
Cost
At 1 April 2015 10,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 10,000
Amortisation
At 1 April 2015 10,000
Charge for the year 0
On disposals 0
At 31 March 2016 10,000
Net book values
At 31 March 2016 0
At 31 March 2015 0
3Tangible fixed assets
£
Cost
At 1 April 2015 1,984
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 1,984
Depreciation
At 1 April 2015 1,561
Charge for the year 423
On disposals 0
At 31 March 2016 1,984
Net book values
At 31 March 2016 0
At 31 March 2015 423
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
2 Ordinary shares of £1 each 2 2