Bronze Investments Limited - Abbreviated accounts 16.3
Bronze Investments Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| BRONZE INVESTMENTS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015 |
| BRONZE INVESTMENTS LIMITED (REGISTERED NUMBER: 03820451) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| BRONZE INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BRONZE INVESTMENTS LIMITED (REGISTERED NUMBER: 03820451) |
| ABBREVIATED BALANCE SHEET |
| 31 AUGUST 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| BRONZE INVESTMENTS LIMITED (REGISTERED NUMBER: 03820451) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 AUGUST 2015 |
| The financial statements were approved by the director on |
| BRONZE INVESTMENTS LIMITED (REGISTERED NUMBER: 03820451) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention. |
| Financial reporting standard number 1 |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents rental income receivable. |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| In accordance with SSAP 19 Accounting for Investment Properties, no depreciation is provided in respect of |
| freehold or long leasehold properties. This is a departure from the Companies Act 2006, which requires all |
| properties to be depreciated. Such properties are not held for consumption but for investment, and the directors |
| consider that to depreciate them would not give a true and fair view. Depreciation is only one amongst many |
| factors reflected in the annual valuation of properties and accordingly the amount of depreciation, which might |
| otherwise have been charged, cannot be separately identified or quantified. The directors consider that this policy |
| results in the accounts giving a true and fair view. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Other income |
| Other income of £(79,246) ( 2014 : £380,717) relates to compensation from a bank regarding a mis-sold , loan |
| interest product sold to the company. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2014 |
| and 31 August 2015 |
| DEPRECIATION |
| At 1 September 2014 |
| Charge for year |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| BRONZE INVESTMENTS LIMITED (REGISTERED NUMBER: 03820451) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2015 |
| 3. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 1,033,000 | 1,033,000 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |