Clifton Hotel (Mansfield) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04752876 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 2 MAY 2016

FOR

CLIFTON HOTEL (MANSFIELD) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Sewell

Mrs M C Taylor

REGISTERED OFFICE:

9 Terrace Road

MANSFIELD

Nottinghamshire

NG18 2BP

REGISTERED NUMBER:

04752876 (England and Wales)

ACCOUNTANTS:

Smith Cooper Limited

Chartered Accountants

St.Helens House

King Street

Derby

DE1 3EE

BANKERS:

Natwest

9 Church Street

Mansfield

Nottinghamshire

NG18 1HP

FIXED ASSETS

Tangible assets

2

381,956

382,240

CURRENT ASSETS

Debtors

104,300

64,800

Cash at bank

14,061

6,681

118,361

71,481

CREDITORS

Amounts falling due within one year

17,259

13,212

NET CURRENT ASSETS

101,102

58,269

TOTAL ASSETS LESS CURRENT
LIABILITIES

483,058

440,509

PROVISIONS FOR LIABILITIES

71

94

NET ASSETS

482,987

440,415

CAPITAL AND RESERVES

Called up share capital

3

1,750

Share premium

149,250

Profit and loss account

331,987

289,415

SHAREHOLDERS' FUNDS

482,987

440,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 2 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 2 May 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 5 December 2016 and were signed on
its behalf by:

D Sewell - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

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 3 May 2015

and 2 May 2016

398,755

DEPRECIATION

At 3 May 2015

16,515

Charge for year

284

At 2 May 2016

16,799

NET BOOK VALUE

At 2 May 2016

381,956

At 2 May 2015

382,240

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,750

Ordinary

£1

1,750