Abbreviated Company Accounts - GILMOUR INNS LTD

NI033612 GILMOUR INNS LTD 2016-05-31 false 2015-06-01 2016-05-31 true NI033612 2015-06-01 2016-05-31 NI033612 2016-05-31 NI033612 2015-05-31 NI033612 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 NI033612 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number NI033612

GILMOUR INNS LTD

Abbreviated Accounts

31 May 2016

GILMOUR INNS LTD Registered Number NI033612

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	651,938	646,028
		651,938	646,028
Current assets
Stocks		17,892	17,179
Debtors		24,085	21,779
Cash at bank and in hand		26,680	36,918
		68,657	75,876
Creditors: amounts falling due within one year		(167,782)	(139,151)
Net current assets (liabilities)		(99,125)	(63,275)
Total assets less current liabilities		552,813	582,753
Creditors: amounts falling due after more than one year		(63,736)	(87,213)
Provisions for liabilities		(6,259)	(4,796)
Total net assets (liabilities)		482,818	490,744
Capital and reserves
Called up share capital	3	217,531	217,531
Profit and loss account		265,287	273,213
Shareholders' funds		482,818	490,744

For the year ending 31 May 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 22 June 2016

And signed on their behalf by:
JOHN GILMOUR, Director
NOREEN GILMOUR, Director

GILMOUR INNS LTD Registered Number NI033612

Notes to the Abbreviated Accounts for the period ended 31 May 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 the total invoice value, excluding value added tax, of sales made during the year

2Tangible fixed assets

	£
Cost
At 1 June 2015	730,401
Additions	10,100
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	740,501
Depreciation
At 1 June 2015	84,373
Charge for the year	4,190
On disposals	-
At 31 May 2016	88,563
Net book values
At 31 May 2016	651,938
At 31 May 2015	646,028

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
217,531 Ordinary shares of £1 each	217,531	217,531