Castle Properties Lancaster Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07537290 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

CASTLE PROPERTIES LANCASTER LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Dr P V Harrison

REGISTERED OFFICE:

Enterprise House

56-58 Main Street

High Bentham

Lancaster

Lancashire

LA2 7HY

REGISTERED NUMBER:

07537290 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

Enterprise House

56-58 Main Street

High Bentham

Lancaster

North Yorkshire

LA2 7HY

FIXED ASSETS

Tangible assets

2

135

158

CURRENT ASSETS

Debtors

13,750

Cash at bank

4,159

1,636

17,909

15,386

CREDITORS

Amounts falling due within one year

3

8,477

7,830

NET CURRENT ASSETS

9,432

7,556

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,567

7,714

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

9,566

7,713

SHAREHOLDERS' FUNDS

9,567

7,714

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 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.

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 director on 22 December 2016 and were signed by:

Dr P V Harrison - 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 services, 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

-

15% on reducing balance

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,588

DEPRECIATION

At 1 April 2015

2,430

Charge for year

23

At 31 March 2016

2,453

NET BOOK VALUE

At 31 March 2016

135

At 31 March 2015

158

3.

CREDITORS

Creditors include an amount of £ 0 (2015 - £ 4,660 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

1