Abbreviated Company Accounts - ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED
Abbreviated Company Accounts - ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED
Registered Number 06871043
ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED
Abbreviated Accounts
31 March 2016
ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED Registered Number 06871043
Abbreviated Balance Sheet as at 31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
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
And signed on their behalf by:
ALL SEASONS CLUB OWNERS ASSOCIATES LIMITED Registered Number 06871043
Notes to the Abbreviated Accounts for the period ended 31 March 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Other accounting policies
All options to purchase assets, agreed at the shareholders meeting on 12th March 2015, have been exercised by the directors who were empowered to do so by the shareholders. The exercise of these options have benefitted the company considerably.
At the same meeting the directors were given the authority to negotiate with All Seasons Club Management Board who have occupied and controlled the swimming pool without permission from the Company. A formal notification of ' exclusive and unlimited ownership rights' has now been issued.
Three of the commercial properties continue to be illegally occupied by Remo Travel OOD represented by Renetta Katchashka (Yankov) without any payments being made by them for rent, maintenance and local municipality taxes. The directors as empowered by the shareholders have now served a notary Attested Invitation to Remo Travel in March 2016 giving the occupiers one month to pay outstanding fees and to vacate the premises. The premises are still illegally occupied and the directors will be taking further action. On successful recovery of these assets the shareholders have expressed their wish that the assets be either rented out on a commercially viable basis or sold.
£ | |
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Cost | |
At 1 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 154,690 |
At 31 March 2015 | 9,444 |