Abbreviated Company Accounts - BOWMERE PROPERTIES LIMITED

Abbreviated Company Accounts - BOWMERE PROPERTIES LIMITED

BOWMERE PROPERTIES LIMITED - Company Information

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Registered Number SC047267

BOWMERE PROPERTIES LIMITED

Abbreviated Accounts

31 March 2016

BOWMERE PROPERTIES LIMITED Registered Number SC047267

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,584,933 1,585,369
1,584,933 1,585,369
Current assets
Debtors 206,569 200,571
Cash at bank and in hand 35,337 61,641
241,906 262,212
Creditors: amounts falling due within one year (156,511) (167,401)
Net current assets (liabilities) 85,395 94,811
Total assets less current liabilities 1,670,328 1,680,180
Creditors: amounts falling due after more than one year (860,960) (854,366)
Total net assets (liabilities) 809,368 825,814
Capital and reserves
Called up share capital 105,000 105,000
Revaluation reserve 195,932 195,932
Profit and loss account 508,436 524,882
Shareholders' funds 809,368 825,814
  • 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 29 December 2016

And signed on their behalf by:
I L Livingstone, Director

BOWMERE PROPERTIES LIMITED Registered Number SC047267

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 April 2008.

Tangible assets depreciation policy
No depreciation is provided on land and buildings. Depreciation on plant is provided at a rate of 15% on the reducing balance.

2Tangible fixed assets
£
Cost
At 1 April 2015 1,755,270
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,755,270
Depreciation
At 1 April 2015 169,901
Charge for the year 436
On disposals -
At 31 March 2016 170,337
Net book values
At 31 March 2016 1,584,933
At 31 March 2015 1,585,369