Albany Court Hastings Limited - Period Ending 2016-09-28

Registration number: 00766332

Albany Court Hastings Limited

 (A company limited by guarantee)
 
  andUnaudited Abbreviated Accounts

 
  for the Year Ended 28 September 2016
 

Manningtons
7 Wellington Square
Hastings
East Sussex
TN34 1PD

Albany Court Hastings Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Albany Court Hastings Limited
(Registration number: 00766332)
Abbreviated Balance Sheet at 28 September 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					63,940			65,427
Current assets
Debtors					3,848			1,984
Cash at bank and in hand					143,857			119,987
					147,705			121,971
Creditors: Amounts falling due within one year					(41,921)			(58,383)
Net current assets					105,784			63,588
Net assets					169,724			129,015
Capital and reserves
Capital redemption reserve					352			348
Other reserves					65,427			65,427
Profit and loss account					103,945			63,240
Shareholders' funds					169,724			129,015

For the year ending 28 September 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 12 December 2016 and signed on its behalf by:

.........................................
Mr David Allan Lingham
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Albany Court Hastings Limited
Notes to the Abbreviated Accounts for the Year Ended 28 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Leasehold properties	Straight line over the life of the lease

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 29 September 2015		96,407			96,407
At 28 September 2016		96,407			96,407
Depreciation
At 29 September 2015		30,980			30,980
Charge for the year		1,487			1,487
At 28 September 2016		32,467			32,467
Net book value
At 28 September 2016		63,940			63,940
At 28 September 2015		65,427			65,427

3	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 2