Abbreviated Company Accounts - COMMONHOLD LIMITED

Abbreviated Company Accounts - COMMONHOLD LIMITED

COMMONHOLD LIMITED - Company Information

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Registered Number 03201920

COMMONHOLD LIMITED

Abbreviated Accounts

31 March 2016

COMMONHOLD LIMITED Registered Number 03201920

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 33,000 33,000
33,000 33,000
Current assets
Debtors 219,044 216,283
Cash at bank and in hand 124,898 115,992
343,942 332,275
Creditors: amounts falling due within one year (98,286) (67,593)
Net current assets (liabilities) 245,656 264,682
Total assets less current liabilities 278,656 297,682
Total net assets (liabilities) 278,656 297,682
Capital and reserves
Called up share capital 2 2
Profit and loss account 278,654 297,680
Shareholders' funds 278,656 297,682
  • 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 8 December 2016

And signed on their behalf by:
L M Sorensen, Director

COMMONHOLD LIMITED Registered Number 03201920

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 the value of property sales and fees (stated net of value added tax).

Valuation information and policy
Investments are valued at cost.

2Fixed assets Investments
This represents 25,000 ordinary shares in The Common Estate Limited, at cost.