Austin Byrne Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05798772 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Austin Byrne Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M J Townsend

J M Townsend

SECRETARY:

J M Townsend

REGISTERED OFFICE:

10 Rishworth Street

Wakefield

West Yorkshire

WF1 3BY

REGISTERED NUMBER:

05798772 (England and Wales)

ACCOUNTANTS:

Pitchfords LLP

4 Bond Terrace

Wakefield

West Yorkshire

WF1 2HW

FIXED ASSETS

Tangible assets

2

118,044

118,226

CURRENT ASSETS

Debtors

230

-

Cash at bank

2,792

1,925

3,022

1,925

CREDITORS

Amounts falling due within one year

119,105

119,697

NET CURRENT LIABILITIES

(116,083

)

(117,772

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,961

454

CAPITAL AND RESERVES

Called up share capital

3

800

Profit and loss account

1,161

(346

)

SHAREHOLDERS' FUNDS

1,961

454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 April 2016 and were signed on its behalf by:

J M Townsend - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

127,162

DEPRECIATION

At 1 April 2015

8,936

Charge for year

182

At 31 March 2016

9,118

NET BOOK VALUE

At 31 March 2016

118,044

At 31 March 2015

118,226

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

400

Ordinary

1

400

Ordinary A, B, C and D

1

400

800