Abbreviated Company Accounts - THE GUILD OF RESIDENTIAL LANDLORDS LIMITED

THE GUILD OF RESIDENTIAL LANDLORDS LIMITED - Company Information

04219414 THE GUILD OF RESIDENTIAL LANDLORDS LIMITED 2016-04-05 false 2015-04-06 2016-04-05 true 04219414 2015-04-06 2016-04-05 04219414 2016-04-05 04219414 2015-04-05 04219414 uk-gaap-cd-bus:Director1 2015-04-06 2016-04-05 04219414 uk-gaap-cd-bus:Director2 2015-04-06 2016-04-05 uk-gaap-cd-bus:Director3 2015-04-06 2016-04-05 uk-gaap-cd-bus:Director3 2016-04-05 uk-gaap-cd-bus:Director3 2015-04-05 uk-gaap-cd-bus:Director4 2015-04-06 2016-04-05 uk-gaap-cd-bus:Director4 2016-04-05 uk-gaap-cd-bus:Director4 2015-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-06 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-05 iso4217:GBP shares

Registered Number 04219414

THE GUILD OF RESIDENTIAL LANDLORDS LIMITED

Abbreviated Accounts

5 April 2016

THE GUILD OF RESIDENTIAL LANDLORDS LIMITED Registered Number 04219414

Abbreviated Balance Sheet as at 5 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,186	7,275
		6,186	7,275
Current assets
Debtors		144,486	106,724
Cash at bank and in hand		3,566	1,883
		148,052	108,607
Creditors: amounts falling due within one year		(63,096)	(49,683)
Net current assets (liabilities)		84,956	58,924
Total assets less current liabilities		91,142	66,199
Provisions for liabilities		(1,237)	(1,172)
Total net assets (liabilities)		89,905	65,027
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		89,805	64,927
Shareholders' funds		89,905	65,027

For the year ending 5 April 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 5 January 2017

And signed on their behalf by:
ADRIAN THOMPSON, Director

THE GUILD OF RESIDENTIAL LANDLORDS LIMITED Registered Number 04219414

Notes to the Abbreviated Accounts for the period ended 5 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 6 April 2015	24,992
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2016	24,992
Depreciation
At 6 April 2015	17,717
Charge for the year	1,089
On disposals	-
At 5 April 2016	18,806
Net book values
At 5 April 2016	6,186
At 5 April 2015	7,275

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	A Thompson
Description of the transaction:	Interest bearing loan
Balance at 6 April 2015:	£ 48,572
Advances or credits made:	£ 52,184
Advances or credits repaid:	£ 33,589
Balance at 5 April 2016:	£ 67,167

Name of director receiving advance or credit:	R Thompson
Description of the transaction:	Interest bearing loan
Balance at 6 April 2015:	£ 46,667
Advances or credits made:	£ 50,137
Advances or credits repaid:	£ 32,271
Balance at 5 April 2016:	£ 64,533