Priory House (Southwick) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08183905 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Priory House (Southwick) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A Bolger

REGISTERED OFFICE:

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

REGISTERED NUMBER:

08183905 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

8th Floor

Connect Centre

Kingston Crescent

Portsmouth

Hampshire

PO2 8QL

FIXED ASSETS

Investments

2

50,000

CURRENT ASSETS

Debtors

143,854

93,470

Cash at bank

8,515

1,003

152,369

94,473

CREDITORS

Amounts falling due within one year

32,006

45,940

NET CURRENT ASSETS

120,363

48,533

TOTAL ASSETS LESS CURRENT
LIABILITIES

170,363

98,533

CREDITORS

Amounts falling due after more than one
year

45,252

47,034

NET ASSETS

125,111

51,499

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

125,109

51,497

SHAREHOLDERS' FUNDS

125,111

51,499

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 23 December 2016 and were signed by:

Mr A Bolger - 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).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

50,000

NET BOOK VALUE

At 31 March 2016

50,000

At 31 March 2015

50,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

2